Mmjc - MMJC - Page 22

The Securities and Exchange Board of India (‘SEBI’) constituted an Expert Committee on August 24, 2023, under the chairmanship of Shri S.K. Mohanty. The primary objective of this Committee being to facilitate ease of doing business for listed entities in India by harmonizing the provisions of the Issue of Capital and Disclosure Requirements (‘ICDR’) and

On 27th October 2023 and 9th November 2023 respectively, Ministry of Corporate Affairs (MCA) notified LLP of third amendment rules and LLP SBO rules. As per these rules, the LLPs are required to maintain register of partners and disclose to the Registrar of Companies (ROC)about the holders of beneficial interest other then registered partners and

‘Shareholders are de jure owners, and directors are de facto owners in a company’. This is an old saying explaining the position of shareholders and directors in a company. But off late, with more and more complex corporate structures being introduced in the capital markets for owning shares in a company, regulatory focus has been

Introduction: The Central Government in exercise of the powers conferred by clauses (aa) and (ab) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) (Hereinafter referred to as “FEMA 1999”) notified the Foreign Exchange Management (Non-debt instruments) Rules, 2019 [NDI Rules 2019] in supersession of the Foreign Exchange