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This issue of MMJC insights dated 20 May 2022 covers the following: Enforcing FEMA compliance before acquisition of Securities Corporate Insolvency Resolution Process (CIRP) can be resumed on failure to comply with terms of the Settlement Agreement? Entities having listed non-convertible debt need to maintain ‘security cover’ or ‘asset cover’ on a continuous basis? BSE

Ministry of Corporate Affairs, on 13th April 2022, has published the ‘Company Law Committee (CLC) Report 2022’ for public comments. Vide this report, a lot of recommendations are being proposed for amendment to the Companies Act, 2013 (the Act). These recommendations can be broadly basketed into those relating to ease of doing business, restoration of

This issue of MMJC insights dated 25 April, 2022 covers the following: Amendment in Companies Accounts Rules with regard to accounting software having the audit trail Extension for filing CSR-2 The leased property cannot be recovered once the moratorium is imposed – In the matter of S. Rajendran (Appellant/Resolution Professional of M/s. Vasan Health Care

This issue of MMJC insights dated 10 April, 2022 covers the following: Automation of disclosure of Encumbrance of Shares Relaxation in timelines for processing of Investor Service Request SEBI penalizes members of the promoter group for not implementing the trading plan For detailed insights click here

This issue of MMJC insights dated 18 March 2022 covers the following: KMP – Full time Function or Full Time for Company? Interpretation of Section 29A(h) of IBC – wherein it was held that Once application for insolvency resolution is admitted on behalf of one creditor, then all creditors of same class would have their

This issue of MMJC insights dated 28 February 2022 covers the following: MCA Applies certain section of Co.’s Act to LLP – Compliance set to get stricter for LLPs!!! Can interest be clubbed with the principal amount to be as part of the Operational Debt to arrive at the minimum threshold? SEBI Overhauls Preferential allotment

This issue of MMJC insights dated 18 February 2022 covers the following: Report on Corporate Social Responsibility in e-form CSR-2.  Critical Aspects Post Merger/Amalgamations under the Companies Act, 2013 An important case in which the court has highlighted that the interest of shareholders is of utmost importance and that exemptions granted by way of notification

This issue of MMJC insights dated 7 Feb, 2022 covers the following: Amendment to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015. SEBI Circular on issuance of Securities in Demat form while processing investor service requests Applicability of formats for filing of Corporate Governance reports by High Value Debt

This issue of MMJC insights dated 15 Jan, 2022 covers the following: MCA Recent amendment on Higher Additional Fees for delayed filings of Form PAS-3 and INC-22. SEBI Circular dated 29 Dec, 2021 on Non-compliance with provisions relating to continuous disclosures SEBI circular dated 03 Jan,2022 on Scheme of Arrangement by Listed Entities   An