Income Tax Extension: Addressing filing difficulties due to Covid-19 outbreak

Companies Act Updates: (1) Extension of Reservation of Name while Incorporation; (2) Cancellation of unissued shares and filing of form SH 7

BSE Update: Reporting of violations under Insider Trading Regulations by listed companies

- SEBI Circular dated July 23, 2020 has prescribed the format with respect to reporting of violations under SEBI ("Prohibition of Insider Trading") Regulations, 2015 ("Insider Trading Regulations") relating to the Code of Conduct ("CoC").  

- To file the above disclosure more accurate and efficient, the BSE, has introduced facility through listing centre with immediate effect, for filing of reporting the violations under Insider Trading Regulations, relating to the CoC. 

- Path to file disclosure with BSE, shall be as follows:

Login to BSE Listing Centre > Compliance Module > Non quarterly submissions > Reporting of Code of Conduct violations under SEBI (PIT) Regulations 2015

 
- The disclosures regarding violations of Code of Conduct shall not be disseminated on the Exchange website, BSE clarified.
 
- All listed entities shall file the reporting for violations of Code of Conduct (CoC) in this prescribed manner only and shall not mail or submit through Corporate Announcement.

Source: BSE Circular

MCA Update: Various relaxations to Independent Director from mandatory test

 

 

•  To access notification published on official gazette of India, please click here

NSE Update: Launch of new URL for filing of information and documents through NEAPS platform

- National Stock Exchange of India Limited ("NSE"), has provided NSE Electronic Application Processing System ("NEAPS"), a platform to listed companies for filing or making statutory submission under various statutory regulations. 

- Now, NSE has redesigned its NEAPS platform, to provide better navigation to various filing modules, ease of submissions and avoid repetitive information.

- Currently, listed companies are using following URL(s) for filing or making submission on NEAPS i.e. (i) https://www.connect2nse.com/LISTING/ and (ii) https://neaps.nseindia.com/LISTING/ URL

- Now, NSE has provided below additional URL  to the listed companies for filing or making the submisssions: https://neaps.nseindia.com/NEWLISTINGCORP/

 - Listed Companies shall have access to all the above URL(s) till further notice except on December 12, 2020, where only new link https://neaps.nseindia.com/NEWLISTINGCORP/ will be available for filling/submission on NEAPS.

 - Kindly mark an e-mail on takeover@nse.co.in or contact on toll free no. 1800 266 0058 for any assistance required while using new URL.

Source: NSE Circular