SEBI extends facility to conduct meetings of unit holders of REITs and InVITs via VC/OAVM

CIRCULAR NO. SEBI/HO/DDHS/DDHS/CIR/P/2021/21 

The market regular, SEBI has decided to extend the facility to conduct meetings of unit holders, through VC or OAVM for REITs/InvITs. Accord...

Govt. specifies 50 lakh registered users in India as threshold for reckoning ‘Significant Social Media Intermediary’

NOTIFICATION NO [F. NO. 16(4)/2020-CLES] 

The Central Government has specified fifty lakh registered users in India as the threshold for a social media 

intermediary to be con...

IRDAI asks Insurers to take conscious call on declaring dividend for F.Y 2020-21

CIRCULAR NO. IRDA/F&A/CIR/MISC/032/02/2021

The IRDAI has observed that insurers' performance in terms of business is gradually reviving. Therefore, it has been decided to withdraw the cir...

SEBI seeks report from NSE on “trading halt”

Press Release No. PR No.8/2021, 

The SEBI has advised NSE to carry out a detailed root cause analysis of the “trading halt” witnessed at NSE and explain the reasons for trading not m...

RBI allows Authorised Dealer Category-I Banks to post and collect margin in India

CIRCULAR NO. RBI/2020-21/98 A. P. (DIR SERIES) CIRCULAR NO. 10, Dated 16.02.2021 

The Reserve Bank of India (RBI) has allowed AD Cat-I banks to post and collect margin i...

SEBI prescribes revised disclosure format under insider trading norms

CIRCULAR No. SEBI/HO/ISD/ISD/CIR/P/2021/19, Dated, February 09, 2021 

Considering amendments to the SEBI (Prohibition of Insider Trading) Regulations 2015 on the inclusi...

IRDAI advices insurers to issue digital insurance policies via Digilocker

CIRCULAR NO. IRDAI/ INT/ CIR/ DGLKR/ 030/ 02/2021, Dated 09.02.2021 

In order to promote the adoption of Digilocker in the insurance sector, the IRDAI has advised all ap...

RBI tightens norms for Loans and advances to directors and their relatives by UCBs

CIRCULAR NO. DOR.CRG.CRS.CIR.NO.5/13.05.000/2020-21, Dated 08.02.2021 

The Reserve Bank of India (RBI) has revised directions on the subject issued to Primary (Urban) Co...

RBI allows banks to deduct amount equal to credit disbursed to ‘New MSME borrowers’ from their NDTL to calculate CRR

Circular No. DOR.No.Ret.BC.37/12.01.001/2020-21, Dated 05.02.2021 

The Reserve Bank of India (RBI) has allowed Scheduled Commercial Banks to deduct the amount equivalent...

Banks are required to maintain the CRR at 3.50 per cent of their NDTL: RBI

Circular no. DOR.No. Ret.BC.35/12.01.001/2020-21, February 05, 2021 

As announced in paragraph 2 of the Statement on Developmental and Regulatory Policies of February 05, 2021, the RBI d...

No different registration is needed to deliver investment exhortation to general financial backers under IA guideline

Circular No. SEBI/HO/IMD/DF1/OW/P/2021/3186. Dated 05.02.2021 

The SEBI made it clear in an interpretive letter issued to Sundaram Alternate Assets Limited under the informal guidance sc...

SEBI lays down directions for setting up of Limited Purpose Clearing Corporation by mutual fund houses

The SEBI has issued guidelines for setting up limited purpose clearing companies (LPCC) by asset management firms, making it compulsory for them to contribute toward the share capital of such entit...

MCA allows Start –up companies to enter scheme of merger and amalgamation

The Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 whereby a new sub-rule (1A) has been inserted to the Rule 25 o...

MCA revises definition of “Small Cos”; raises threshold for paid up capital from Rs. 50 lakhs to Rs. 2 cr.

The Ministry of Corporate Affairs (MCA) has informed the Companies (Specification of Definitions Details) Amendment Rules, 2021, where the threshold limit for small businesses has been increased. &...

MCA relaxes additional fees on submission of annual financial statement till February 15, 2021

CIRCULAR NO. 4/2021, Dated 28.01.2021 

In order provide extra time to stakeholders, the Ministry of Corporate Affairs has decided that no additional fees shall be levied...

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