This article contains various Compliance requirementsfor the Month of June, 2021under various Statutory Laws.
Compliance Requirement Under
1 Foreign Exchange Management Act, 1999 (FEMA) and Important Notifications
2.Income Tax Act, 1961
3.Goods & Services Tax Act, 2017 (GST)and Important Updates / Circulars
4.Other Statutory Lawsand Updates
5.SEBI (Listing Obligations &DisclosureRequirements) (LODR) Regulations, 2015
6. SEBI Takeover Regulations 2011
7.SEBI (Prohibition of Insider Trading) Regulations, 2015
8.SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
9. SEBI (Depositories and Participants) Regulations 2018) and Circulars / Notifications
10. Companies Act, 2013 (MCA/ROC Compliance) and Notifications
11. Insolvency and Bankruptcy Board of India (IBBI) Updates
12.NCLT & NCLAT Updates
13. MSME Key Updates
Applicable Laws/Acts |
Due Dates |
Compliance Particulars |
Forms / (Filing mode) |
FEMA ACT 1999 |
15 July every year |
Annual Return on Foreign liabilities and assets. The FLA return is required to be submitted by the companies who have received Foreign direct investment (FDI) and/or made Foreign direct investment abroad in the previous year(s) including the current year
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FLA Return through Flair Portal: Click here |
FEMA ACT 1999 |
Monthly Basis |
External Commercial Borrowings Borrowers are required to report all ECB transactions to the RBI on a monthly basis through an AD Category – I Bank in the form of ‘ECB 2 Return’.
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ECB 2 Return |
FEMA ACT 1999 |
Not later than 30 days from the date of issue of Capital instrument |
FC-GPR is a form filed when the Indian company receives the Foreign Direct Investment and the company allots shares to a person resident outside India. |
Form FC-GPR |
FEMA ACT 1999 |
With in 60 days of receipt/ remittance of funds or transfer of capital instruments whichever is earlier. |
Reporting of transfer of shares and other eligible securities between residents and non-residents and vice- versa is to be made in Form FC-TRS. The onus of reporting shall be on the resident transferor/ transferee. |
Form FC-TRS. |
FEMA ACT 1999 |
within 30 days from the date of receipt of the amount of consideration. |
A Limited Liability Partnership receiving amount of consideration and acquisition of profit shares is required to submit a report in the Form FDI LLP-1 |
Form FDI LLP-I |
FEMA ACT 1999 |
within 60 days from the date of receipt of funds in |
A Limited liability Partnership shall report disinvestment/ transfer of capital contribution or profit share between a resident and a non resident (or vice versa) |
Form FDI LLP-II |
FEMA ACT 1999 |
within 30 days from the date of allotment of capital instruments |
The domestic custodian shall report the issue/ transfer/ of sponsored/ unsponsored depository receipts |
Downstream statement -Form DI& reporting at FIFP too |
All applicants before raising any queries to RBI, may contact the respective AD bank as per the contact details provided under Contact Us. It may be noted that all Business user registrations as well as forms in SMF are processed at AD level. AD shall always be the first point of contact. All AD banks shall ensure that the queries from the applicants are answered correctly and in the timely manner.
The Reserve Bank of India has guided banks to continue doing due diligence on any crypto currency related dealings of their customers. The regulator has, however, said a 2018 circular from the RBI, that was set aside by the Supreme Court in March last year, cannot be cited as a reason to curb customer dealings in these tokens.
"Such references to the above circular by banks/ regulated entities are not in order as this circular was set aside by the Hon’ble Supreme Court on March 04, 2020 in the matter of Writ Petition (Civil) No.528 of 2018 (Internet and Mobile Association of India v. Reserve Bank of India). As such, in view of the order of the Hon’ble Supreme Court, the circular is no longer valid from the date of the Supreme Court judgement, and therefore cannot be cited or quoted from.– Text from RBI Circular.
2. KYC details can be updated by Dec 31; select limited KYC A/Cs can be made fully compliant: RBI
This announcement was part of the RBI governor, ShakthikanthaDas' unscheduled speech on May 5, 2021 to announce measures to tackle the ongoing second wave of the novel coronavirus pandemic.
RBI eases KYC compliance, no punitive actions till Dec 2021; extends video KYC to new customers. RBI also announced that limited KYC accounts opened on the basis of Aadhaar e-KYC authentication in non-face-to-face mode can be converted to fully KYC-compliant accounts.
Those who have to update their KYC details of their bank accounts can breathe a little easy. The Reserve Bank of India (RBI) announced today that banks should not take punitive action against those customer accounts where periodic KYC updating is due/pending. RBI has given time until December 31, 2021 for customers to update their KYC details.
Sl. |
Particulars of the Circulars |
Link |
1 |
Customer Due Diligence for transactions in Virtual Currencies (VC) |
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2 |
Cabinet approves strategic disinvestment and transfer of management control in IDBI Bank Limited |
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3 |
Exim Bank's Government of India supported Line of Credit (LoC) of USD 250 million to the Government of the Republic of Mozambique |
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4 |
Priority Sector Lending (PSL) - On-lending by Small Finance Banks (SFBs) to NBFC-MFIs |
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5 |
Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance |
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6 |
Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses |
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7 |
Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders |
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8 |
RBI joins Network for Greening the Financial System |
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9 |
RBI Governor meets MD & CEOs of Small Finance Banks over Video Conference |
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10. |
RBI Governor meets MD & CEOs of Non-Banking Financial Company- Micro Finance Institutions (NBFC-MFIs) over VC |
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11. |
Reserve Money for the week ended April 30, 2021 |
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12 |
Priority Sector Lending (PSL) - On-lending by Small Finance Banks (SFBs) to NBFC-MFIs |
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13 |
Utilisation of Floating Provisions/Counter Cyclical Provisioning Buffer |
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14 |
Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance |
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15 |
Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses |
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16 |
Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs) |
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17 |
Exim Bank's Government of India supported Line of Credit (LoC) of USD 7.35 million to the Government of the Republic of Nicaragua |
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18 |
Amendment to the Master Direction (MD) on KYC |
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19 |
Government Agency Business Arrangement – Appointment of Scheduled Private Sector Banks as Agency Banks of Reserve Bank of India (RBI) |
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20 |
Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs |
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21 |
36th Half Yearly Report on Management of Foreign Exchange Reserves: October-March 2020-2021 |
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22 |
RBI appoints Shri Jose J. Kattoor as new Executive Director |
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23 |
Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs) |
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24 |
Sovereign Gold Bond Scheme 2021-22 |
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25 |
Tariff Notification No. 47/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver |
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26 |
Finance Minister Smt. NirmalaSitharaman hands over possession to homebuyers through virtual meet |
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27 |
Prepaid Payment Instruments (PPIs) – (i) Mandating Interoperability; (ii) Increasing the Limit to ?2 lakh for Full-KYC PPIs; and (iii) Permitting Cash Withdrawal from Full-KYC PPIs of Non-Bank PPI Issuers |
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28 |
Relaxation in timeline for compliance with various payment system requirements |
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29 |
Overseas Direct Investment for April 2021 |
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30 |
RBI Bulletin - May 2021 |
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31 |
RBI Governor meets MD & CEOs of Public Sector Banks over Video Conference |
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32 |
RBI imposes monetary penalty on Daimler Financial Services India Private Limited, Pune, Maharashtra |
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33 |
589th Meeting of Central Board of the Reserve Bank of India |
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34 |
Sovereign Gold Bond Scheme 2021-22 Series II - Issue Price |
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35 |
RBI surplus transfer to Centre likely to impact economy, markets, banks: Experts |
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36 |
CII protests RBI rules on auditors, says will cause 'enormous difficulties' |
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37 |
Enhancement of facilities under the Customs(Import of Goods at Concessional Rate of Duty) Rules,2017 |
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38 |
Extension of Validity of Registration Certificates issued under The Foreign Contribution (Regulation) Act, (FCRA) 2010 Expiring/Expired during period between 29.09.2020 and 30.09.2021 |
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39 |
Existing FCRA Account Holders given more time till 30.06.2021 to open “FCRA Account” in designated New Delhi Branch of State Bank of India |
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40 |
India attracted highest ever total FDI inflow of US$ 81.72 billion during 2020-21, 10% more than the last financial year |
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41 |
Constitution of an Expert Committee on Investment Funds |
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42 |
Sovereign Gold Bond Scheme 2021-22 Series II - Issue Price |
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43 |
DRG Study No. 45: Threshold Level of Inflation – Concept and Measurement |
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44 |
Reserve Bank of India imposes monetary penalty on HDFC Bank Limited |
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45 |
Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract |
Sl. |
Compliance Particulars |
Due Dates
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Due Dates
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1 |
Deposits of TDS /TCS for the month of May 21. |
07-06-2021 |
07-06-2021 |
2 |
Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB and 194M in the month of April, 2021 |
14-06-2021 |
14-06-2021 |
3 |
Due date for First Installment of advance tax for the AY 2022-23 |
15-06-2021 |
15-06-2021 |
4 |
Form 3BB is the monthly statement to be furnished by a stock exchange in respect of transactions in which client codes been modified after registering in the system for the month of May 2021 |
15-06-2021 |
15-06-2021 |
5 |
Due date for issuance of TCS Certificate for Q4 of FY 2020-21 |
15-06-2021 |
15-06-2021 |
6 |
Certificate of TDS in respect of tax deducted for payments other than salary. |
15-06-2021 |
15-06-2021 |
7 |
Extended Due date of filing of TDS return for TDS deducted during Q4 of FY 2020-21. The due date for furnishing of quarterly statement of TDS has been extended from May 31, 2021 to June 30, 2021 vide Circular no. 9/2021, dated 20-05-2021 |
31-05-2021 |
30-06-2021 |
8 |
Due date of furnishing of Form 24G by an office of the Government where TDS/TCS for the month of May, 2021 has been paid without the production of a challan (Extended date Circular no. 9/2021, dated 20-05-2021) |
15-06-2021 |
30-06-2021 |
9 |
Return of tax deduction from contributions paid by the trustees of an approved superannuation fund (Extendeddate) |
31-05-2021 |
30-06-2021 |
10 |
Furnishing of Statement of financial transactions for person mentioned u/s 285BA (Extendeddate) |
31-05-2021 |
30-06-2021 |
11 |
Statement of Reportable Account where Information is required to be maintained and reported by reporting Financial Institutions with respect to reportable account. |
31-05-2021 |
30-06-2021 |
12 |
Linking of PANwith AADHAAR number is mandatory from 1st april 2019 (due date Extended from 31 March 2021 to 30th June 2021 vide notif. S.O. 1432(E), dated 31-03-202) (if not linking the PAN with AADHAAR number then the PAN will be inoperative and a person will not be able to conduct financial transactions) |
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30-06-2021 |
13 |
Vivad se Vishwas Scheme- Settling tax disputes between individuals and the income tax department. Its declaration last date was 31st march though its payment last date without additional interest is 30th April 2021, these dates have been Extended to 30th June 2021 vide Notification S.O. 1704 (E), dated 27-04-2021 |
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30-06-2021 |
14 |
furnishing challan cum statement of TDS in respect of tax deducted u/s 194IA,194M, 194-IB |
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30-06-2021 |
1. New e-filing portal to be mobile friendly, have manuals, videos: I-T Dept
The Income Tax Department on 29th May, 2021, said it will launch on June 7 its new portal e-filing 2.0, which will be mobile friendly, have pre-filled ITR form and simplified utility.
Giving the salient features of the "e-filing 2.0 portal", the I-T Department said there will be a "all new mobile app" and taxpayers will have a step-by-step guidance with user manuals and videos.Besides, multiple options for on-portal tax payments, multiple options for login, helpdesk support and chatbot are the features in the portal.
2. New rules notified for determining deemed consideration for slump sale; key things to know
Union Budget 2021 introduced significant amendments in the provisions relating to the taxation of slump sale transactions. One of the key amendments is in relation to computation of consideration value for slump sale taxation. Earlier, the consideration actually paid or received on the slump sale was considered for determining the capital gains tax on the sale.CBDT has now prescribed the rules containing the mechanism relating to computation of the FMV in slump sale transactions.
The Finance Act, 2021 has however provided that to compute the tax arising on account of such slump sale, the Fair Market Value (FMV) of the capital assets (being an undertaking or division transferred by way of slump sale) shall be deemed to be full value of the consideration. However, the methodology to compute FMV was not prescribed by the Finance Act, 2021.
Sl. |
Particulars of the Notification(s) |
File No. / Circular No. |
Link(s) |
1. |
The Income-tax (12th Amendment) Rules,2021. |
Notification No. 40/2021][F.No. 370142/8/2021-TPL |
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2. |
Extension of time lines related to certain compliances by the Taxpayers underthe Income-tax Act 1961 |
Circular No. 08/2021 |
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3. |
Format, Procedure and Guidelines for submission of Statement of Financial Transactions(SFT) for MF Transactions by Registrar and Share Transfer Agent |
Notification No. 4 of 2021 |
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4. |
Format, Procedure and Guidelines for submission of Statement of Financial Transactions(SFT) for Depository Transactions |
Notification No. 3 of 2021 |
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5. |
Amendments in the notification of theGovernment of India, Ministry of Finance, (Department of Revenue), number 85/2020, dated the 27th October, 2020, |
Notification No. 39/2021/ F.No. IT(A)/01/2020-TPL |
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6. |
TheIncome-tax (11th Amendment) Rules, 2021. |
Notification No. 37/2021/ F. No. 370142/28/2020-TPL |
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7 |
TheIncome-tax (13th Amendment) Rules, 2021. |
Notification No. 41 /2021/ F. No. 370142/11/2018-TPL |
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8 |
TheIncome-tax (14th Amendment) Rules, 2021 |
[Notification No. 42/2021 |
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9 |
TheCentralGovernment hereby specifies the pension fund, namely, the Caissede dépôt et placement du Québec |
Notification No. 43/2021 |
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10 |
TheCentralGovernment hereby specifies the pension fund, namely, the CDPQ Infrastructures Asia III Inc. |
Notification No. 44/2021 |
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11 |
TheIncome tax (15th Amendment),Rules, 2021. |
Notification No. 50/2021 |
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12 |
Modificationof the Notification No. 14/2015 dated 16.02.2015 |
Notification No. 47/2021 |
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13 |
Govt eases income tax norms for cash received by hospitals providing Covid treatment |
Notification No. 56/2021 |
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14 |
Extension of time limits of certain compliances to provide relief totaxpayers in view of the severe pandemic |
Circular No. 9 of 2021 |
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15 |
Income Tax department to launch new e-filing portal for taxpayers on June 7 |
Newspaper |
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16 |
Procedure for exercise of option under sub-section (1) of section 245M and intimation thereof by furnishing and upload of Form No. 34BB under sub-rule (1) of Rule 44DA of Income-tax Rules, 1962. |
Notification No. 05 of 2021 |
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17 |
Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic |
Circular No. 9 of 2021 |
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18 |
TheIncome- tax (16th Amendment) Rules,2021 |
Notification No.68 /2021/F. No.370142 /16 /2021-TPL |
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19 |
Clarification regarding the limitation time for filing of appeals before the CIT(Appeals) under the Income-tax Act, 1961 (the Act) |
Circular No. 10/2021 |
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3. Compliance Requirement underGST, 2017
S. No. |
Purpose |
Compliance Period |
Original date |
Extended Date |
Compliances Particulars |
1 |
GSTR - 3B |
April, 2021 |
20th May 2021 |
04th June 2021 |
Extended Due Date for filling GSTR - 3B return for the month of April, 2021 without interest for the taxpayer with: |
2 |
GST Challan Payment under QRMP |
April, 2021 |
25th May 2021 |
09th June 2021 |
Extended due date of GST payment for the month of April, 2021 by registered person having aggregate turnover of less than INR 5 Crores and who has opted for quarterly filing of return under QRMP. |
3 |
GSTR-7- TDS return under GST |
May-21 |
10th June 2021 |
10th June 2021 |
GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST. |
4 |
GSTR-8- TCS return under GST |
May-21 |
10th June 2021 |
10th June 2021 |
GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST. |
5 |
GSTR -6 |
May-21 |
13th June 2021 |
13th June 2021 |
Due Date for filing return by Input Service Distributors. |
6 |
GST CMP-08 |
January to March, 2021 |
18th April 2021 |
17th June 2021 |
Extended Due date of filing of GST CMP-08 for dealers opted for composition scheme with reduced interest of 9%. |
7 |
GSTR - 3B |
March, 2021 |
20th April 2021 |
19th June 2021 |
Extended Due Date for filling GSTR - 3B return for the month of March, 2021 with interest @ 9% for the taxpayer with: |
8 |
GSTR - 3B |
May-21 |
20th June 2021 |
20th June 2021 |
Due Date for filling GSTR - 3B return for the previous month without interest for the taxpayer with: |
9 |
GSTR -5 |
May-21 |
20th June 2021 |
20th June 2021 |
GSTR-5 to be filed by Non-Resident Taxable Person for the previous month. |
10 |
GSTR -5A |
May-21 |
20th June 2021 |
20th June 2021 |
GSTR-5A to be filed by OIDAR Service Providers for the previous month. |
11 |
GSTR - 3B |
March, 2021 |
22th April 2021 |
21th June 2021 |
Extended Due Date for filling GSTR - 3B return for the month of March, 2021 with interest @ 9% for the taxpayer with aggregate turnover of less than INR 5 Crores and opted for quarterly filing of return. (Category X state) |
12 |
GSTR - 3B |
March, 2021 |
24th April 2021 |
23th June 2021 |
Extended Due Date for filling GSTR - 3B return for the month of March, 2021 with interest @ 9% for the taxpayer with aggregate turnover of less than INR 5 Crores and opted for quarterly filing of return. (Category Y state) |
13 |
GSTR-1 |
May-21 |
11th June 2021 |
26th June 2021 |
1. GST Filing of returns by registered person with aggregate turnover exceeding INR 5 Crores. |
14 |
Details of outward supply-IFF |
May-21 |
13th June 2021 |
28th June 2021 |
Invoice furnishing facility is availbaled for registered person with turnover less than INR 5 Crores and opted for quarterly filing of return. |
15 |
GST ITC-04 |
January to March, 2021 |
25th April 2021 |
30th June 2021 |
Extended due date of filing of details of goods sent to and received from Job Worker. |
*Note 1: Not Opting for QRMP Scheme-Due Date for filling GSTR - 3B with Annual Turnover up to 5 Crore in State 1 Group (Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep)
**Note 2: Not Opting for QRMP Scheme-Due Date for filling GSTR - 3B with Annual Turnover up to 5 Crore in State 2 Group (Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi). |
Form No. |
Compliance Particulars |
Due Date
|
RFD -10 |
Refund of Tax to Certain Persons |
18 Months after the end of quarter for which refund is to be claimed |
1. Taxpayers registered under Companies Act, 2013, can now file their Form GSTR-1 and GSTR-3B with EVC also, apart from using DSC, on GST Portal.
2. Haryana allows reimbursement of GST on Covid items’ donations
The Haryana government has allowed reimbursement of goods and service tax paid by companies, non-governmental organisations and individuals on purchase of 15 items including Covid vaccines, remdesivir injections, ventilators and oxygen cylinders that they have donated free of cost to the state government or state-run hospitals.
3. Govt. relaxes GST refund claim norms
The Central Board of Indirect Taxes and Customs (CBIC) has eased the norms for claiming Goods and Services Tax (GST) refunds making it easier for businesses to rectify their applications. The period between filing a refund claim and an officer issuing a deficiency notice will not be counted in the total time limit available for filing a refund request.
Sl. |
Notification Particulars |
Notification No. |
Link(s) |
1.
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Extension of the due date of filing Application for Revocation of Cancellation of Registration |
GSTN Circular 474 |
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2. |
Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021 |
GSTN Circular 468 |
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3. |
Seeks to provide relief by lowering of interest rate for the month of March and April, 2021 |
08/2021-Central Tax dated 01.05.2021 |
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4. |
Seeks to amend notification no. 76/2018-Central Tax in order to provide waiver of late fees for specified taxpayers and specified tax periods |
09/2021-Central Tax dated 01.05.2021 |
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5. |
Seeks to extend the due date for filing FORM GSTR-4 for financial year 2020-21 to 31.05.2021 |
10/2021-Central Tax dated 01.05.2021 |
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6 |
Seeks to extend the due date for furnishing of FORM ITC-04 for the period Jan-March, 2021 till 31st May, 2021. |
11/2021-Central Tax dated 01.05.2021 |
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7 |
Seeks to extend the due date of furnishing FORM GSTR-1 for April, 2021 |
12/2021-Central Tax dated 01.05.2021 |
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8 |
Seeks to make third amendment (2021) to CGST Rules. |
13/2021-Central Tax dated 01.05.2021 |
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9 |
Seeks to extend specified compliances falling between 15.04.2021 to 30.05.2021 till 31.05.2021 in exercise of powers under section 168A of CGST Act. |
14/2021-Central Tax dated 01.05.2021 |
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10 |
SSeeks to provide relief by lowering of interest rate for the month of March and April, 2021 |
01/2021- Integrated Tax dated 01-05-2021 |
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11 |
Seeks to provide relief by lowering of interest rate for the month of March and April, 2021 |
01/2021-Union Territory Tax,dt. 01-05-2021 |
|
12 |
GST Revenue collection for April’ 21 sets new record |
Release ID: 1715314 |
|
13 |
Module wise new functionalities deployed on the GST Portal for taxpayers |
GSTN Circular 470 |
|
14 |
Extension in dates of various GST Compliances for GST Taxpayers |
GSTN Circular 469 |
|
15 |
Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021 |
GSTN Circular 468 |
|
16 |
Extension of the due date of filing Revocation application of Cancellation |
GSTN Circular 472 |
|
17 |
Generation of GSTR-2B for April 2021 |
GSTN Circular 473 |
|
18 |
Seeks to prescribe Standard Operating Procedure (SOP) for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration under section 30 of the CGST Act, 2017 and rule 23 of the CGST Rules, 2017. |
148/04/2021-GST |
|
19 |
Seeks to make fourth amendment (2021) to CGST Rules, 2017. |
15/2021-Central Tax dated 18.05.2021 |
|
20 |
Seeks to appoint 01.06.2021 as the day from which the provisions of section 112 of Finance Act, 2021, relating to amendment of section 50 of the CGST Act, 2017 shall come into force. |
16/2021-Central Tax dated 01.06.2021 |
|
21 |
Seeks to extend the due date for FORM GSTR-1 for May, 2021 by 15 days. |
17/2021-Central Tax dated 01.06.2021 |
|
22 |
Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021to May, 2021. |
18/2021-Central Tax dated 01.06.2021 |
|
23 |
Seeks to rationalize late fee for delay in filing of return in FORM GSTR-3B ; and to provide conditional waiver of late fee for delay in filing FORM GSTR-3B from July, 2017 to April, 2021; and to provide waiver of late fees for late filing of return in FORM GSTR-3B for specified taxpayers and specified tax periods. |
19/2021-Central Tax dated 01.06.2021 |
|
24 |
Seeks to rationalize late fee for delay in furnishing of the statement of outward supplies in FORM GSTR-1. |
20/2021-Central Tax dated 01.06.2021 |
|
25 |
Seeks to rationalize late fee for delay in filing of return in FORM GSTR-4. |
21/2021-Central Tax dated 01.06.2021 |
|
26 |
Seeks to rationalize late fee for delay in filing of return in FORM GSTR-7. |
22/2021-Central Tax dated 01.06.2021 |
|
27 |
Seeks to amend Notification no. 13/2020-Central Tax to exclude government departments and local authorities from the requirement of issuance of e-invoice. |
23/2021-Central Tax dated 01.06.2021 |
|
28 |
Seeks to amend notification no. 14/2021-Central Tax in order to extend due date of compliances which fall during the period from "15.04.2021 to 29.06.2021" till 30.06.2021. |
24/2021-Central Tax dated 01.06.2021 |
|
29 |
Seeks to extend the due date for filing FORM GSTR-4 for financial year 2020-21 to 31.07.2021. |
25/2021-Central Tax dated 01.06.2021 |
|
30 |
Seeks to extend the due date for furnishing of FORM ITC-04 for QE March, 2021 to 30.06.2021. |
26/2021-Central Tax dated 01.06.2021 |
|
31 |
Seeks to make amendments (Fifth Amendment, 2021) to the CGST Rules, 2017. |
27/2021-Central Tax dated 01.06.2021 |
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4. Compliance under Other Statutory LAws
Applicable Laws/Acts
|
Timeline / Due Dates |
Compliance Particulars |
Forms / (Filing mode) |
EPF (The Employees’ Provident Funds And Miscellaneous Provisions Act, 1952) |
15.06.2021 |
PF Payment |
ECR |
ESIC (Employees' State Insurance Act, 1948) |
15.06.2021 |
ESIC Payment |
ESI Challan |
Contract Labour (Regulation &Abolition) Act, 1970 |
Within 15 Days of commencement/ completion of contract work |
Return/Notice within 15 days of commencement/ completion of each contract by the Principal employer |
Form VI-B |
Contract Labour (Regulation &Abolition) Act, 1970 |
Within 15 Days of commencement/ completion of contract work |
Notice of commencement/ completion of contract work by the Contractor within 15 days |
Form VI-A |
Payment of Gratuity Rule |
Within 30 Days of applicability of the Act & any change |
Notice of applicability of the Act & any change |
Form A or B |
1. "Interest for the year 2019-20 has been credited at 8.5%. Kindly seed UAN accounts with KYC, if not already done, to view credit of interest and updated PF accounts."
2. EPFO extends challan filing date for employers by a month to May 15
"The employers disbursing the wages for March 2020 not only get relief of extension of due date for payment of EPF dues for March, 2020 but also avoid liability of interest and penalty, if they remit on or before May 15, 2020,".
Labour ministry is of the view that the above decision will support and provide relief to employers of establishments which have disbursed wages for March, 2020 to its employees and an incentive to employers for wage payment during the COVID-19 pandemic.
3. EPFO allows withdrawing money from EPF account twice to meet coronavirus emergency
The labour ministry has announced that EPF members can now avail a second non-refundable advance from their EPF accounts in order to meet the coronavirus related financial emergencies. Earlier, only a one-time advance was available for EPF members.
The provision to withdraw money from EPF accounts was first announced last year in March 2020 under Pradhan Mantri ??GaribKalyanYojana (PMGKY). Earlier, only a one-time advance was available for EPF members.EPFO allows members second Covid advance withdrawal.
EPFO allows its members to withdraw non-refundable withdrawal of up to three months of basic wages and dearness allowance or 75% of the amount available in the EPF account, whichever is less. However, members can apply for lesser amounts as well.
Sl. |
Particulars |
Link |
1 |
COVID-19 facility Dashboard for ESIC Hospitals |
|
2 |
ESIC reaches out to its Beneficiaries to provide medical care and relief during Covid-19 pandemic |
|
3 |
Cabinet approves allocation of additional foodgrain to NFSA Beneficiaries under Pradhan MantriGaribKalyan Anna Yojana (Phase III) for another period of two months – May and June, 2021 |
|
4 |
Section 142 of the Social Security Code - 2020 Notified |
|
5 |
Exemption to formulate and operate ESIC Rate Contracts as listed for one year |
|
6 |
Implementation of guidelines, circulars, protocol of Ministry of AYUSH regarding management of COVID-19. |
|
7 |
Note on Ayush Guidelines -26 April 2021 |
|
8 |
AITUC rejects proposed draft rules pertaining to negotiating union under Industrial Relations Code, 2020 |
|
9 |
that the services engaged in the Banking industry which is covered under item 2 of the First Schedule to the Industrial Disputes Act 1947 |
|
10 |
Amendmentsin the notification of the Government of India in the Ministry of Labour andEmployment number S.O.1433(E), dated the 29th May, 2015 |
|
11 |
Preventive measures to contain spread of Covid-19 |
|
12 |
Filling of contribution for the month of April 2021 up to 15th June 2021 instead of 15th May 2021 |
|
13 |
Target of Contribution Income for the financial Year 2021-22 |
|
14 |
Reduce expenditure, Covid appropriate behavior and AtmaNirbhar Bharat Abhiyan |
|
15 |
ESIC installs oxygen plants at two hospitals in Delhi NCR; will facilitate augmentation of critical care facility in these hospitals |
|
16 |
DEPwD(GoI) invites comments on draft guidelines for persons having less than 40% disability or persons having medical condition for availing facility of scribe/compensatory time while taking written examination |
|
17 |
Union Labour Minister inspected the upgraded Covid related medical facilities at ESIC Medical College & Hospital, Alwar |
|
18 |
Total 77.08 lakh net subscribers added under EPFO during FY 2020-21 |
|
19 |
All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – April, 2021 |
|
20 |
Rate of Minimum Wages Revised for Central sphere Employees |
|
21 |
Clarification regarding full and final settlement of bills claims pertaining of LTC Special Cash Package Scheme. |
|
22 |
Payroll Reporting in India – A Formal Employment Perspective |
|
23 |
Assets Under Management under Pension Fund Regulatory and Development Authority cross Rs 6 trillion |
|
24 |
Labour Ministry announces major social security relief to dependents of workers passing away due to COVID-19 |
|
25 |
Memorandum- Revised guidelines relating to implementation of ESIC Pensioner Medical Scheme - 2006 |
|
26 |
Family Pension under ESIC and EPFO- Employees’ Deposit Linked Insurance Scheme will provide a financial cushion to those families who have lost their earning member due to COVID-19. GOI stands in solidarity with these families. (Click Here) |
|
27 |
NIRBADH SEWA by EPFO - Subscribers to get Pension Payment Order (PPO) on the Date of Retirement. |
|
5. SEBI – Securities Exchange Board of INDIA
Compliance Requirement under SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
FILING MODE(s) :
|
Regulation reference |
Timeline |
For the quarter ended March |
Regulation 24A read withcircular No. CIR/CFD/CMD1/27/2019dated February 8, 2019relating to Annual SecretarialCompliance report |
Within 60 days from the end of the FY. |
30thJune, 2021 |
Regulation 33 (3) – Quarterlyfinancial results / Annual audited financial results |
45 daysfrom end of thequarter / 60 days fromend of thefinancial year |
30thJune, 2021 |
Regulation 32 (1) read with SEBI circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 on Statement of deviation or variation in use of funds |
Along with the financial results (within 45 days of end of each quarter / 60 days from end of the financial year) |
30thJune, 2021 |
Sl. |
Compliance Particulars |
Timeline |
1 |
Regulation 7 (3) – Compliance Certificate certifying maintaining physical & electronic transfer facility |
Within one month of end of each half of the financial year. |
2 |
Regulation 40 (9) – Certificate from |
Within one month of the end of each half of the financial year. |
3 |
Regulation 23(9) Submission of disclosure on Related party transactions under |
The listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges. |
REG NO |
REGULATION NO |
PARTICULARS |
TIMELINE |
47 Advertisements in Newspapers. |
47 (3) Advertisements in Newspapers |
Financial results at 47 clause (b) of sub-regulation (1), shall be published within 48 hours of conclusion of the meeting of board of directors at which the financial results were approved. |
48 HOURS |
23 Related party transactions. |
Reg 23(9) Related party transactions |
The listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website |
30 days |
24A Secretarial Audit. |
Red 24A |
Every listed entity and its material unlisted subsidiaries incorporated in India shall undertake secretarial audit and shall annex with its annual report, a secretarial audit report, given by a company secretary in practice, in such form as may be specified with effect from the year ended March 31, 2019. (within 60 days from the Closure of FY) |
60 days from the Closure of FY |
36 Documents & Information to shareholders. |
36(1) |
The listed entity shall send annual report referred to in sub-regulation 36(1), to the holders of securities, not less than twenty-one days before the annual general meeting |
21 days before AGM |
46 Website |
46(2)(s) |
The listed entity shall disseminate the following information under a separate section on its website separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year, uploaded at least 21 days prior to the date of the annual general meeting which has been called to inter alia consider accounts of that financial year.] |
21 days prior 1 days prior to the date of AGM |
REG NO |
REGULATION NO |
PARTICULARS |
TIMELINE |
||
Intimation |
Reg 29 read with Reg 33 |
intimation regarding item specified in clause 29(1) (a) to be discussed at the meeting of board of directors shall be given at least five days in advance (excluding the date of the intimation and date of the meeting), and such intimation shall include the date of such meeting of board of directors |
at least 5 working days in advance, excluding the date of the intimation and date of the meeting |
||
Intimations and Disclosure of events or information to Stock Exchanges. |
87B: Intimations and Disclosure of events or information to Stock Exchanges. READ WITH PART E OF Schedule III |
The listed entity shall first disclose to stock exchange(s) of all events or information, as specified in Part E of Schedule III, as soon as reasonably possible but not later than twenty four hours from occurrence of the event or information: |
24 HOURS |
||
Valuation, Rating and NAV disclosure. |
87C(1) (iii) |
An issuer whose security receipts are listed on a stock exchange shall ensure that: the net asset value is calculated on the basis of such independent valuation and the same is declared by the asset reconstruction company within fifteen days of the end of the quarter. |
15 Days |
||
30 Disclosure of events or information. |
30(6) AND Part A of Schedule III |
The listed entity shall first disclose to stock exchange(s) of all events, as specified in Part A of Schedule III, or information as soon as reasonably possible and not later than twenty four hours from the occurrence of event or information |
24 HOURS |
30 Disclosure of events or information. |
30(6) AND sub-para 4 of Para A of Part A of Schedule III |
The listed entity shall disclose to the Exchange(s), within 30 minutes of the closure of the meeting held to consider the following: h) financial results; i) decision on voluntary delisting by the listed entity from stock exchange(s). |
30 MINUTES |
31A: Conditions for re-classification of any person as promoter / public |
31A(8) |
The following events shall deemed to be material events and shall be disclosed by the listed entity to the stock exchanges as soon as reasonably possible and not later than twenty four hours from the occurrence of the event: |
24 HOURS |
34 Annual Report. |
34(1)(b) |
in the event of any changes to the annual report, the revised copy along with the details of and explanation for the changes shall be sent not later than 48 hours after the annual general meeting.] |
48 HOURS |
44 Meetings of shareholders and voting |
44(3) |
The listed entity shall submit to the stock exchange, within forty eight hours of conclusion of its General Meeting, details regarding the voting results in the format specified by the Board. |
48 HOURS |
47 Advertisements in Newspapers. |
47 (3) Advertisements in Newspapers |
The listed entity shall publish the information specified in 47(1) in the newspaper simultaneously with the submission of the same to the stock exchange(s). The same is reproduced below |
Simultaneously (SEBI extended the exemptions (Regulation 47 and Regulation 52(8)) from publication of advertisements in newspapers are extended for all events scheduled till June 30, 2020.) |
- |
SCHEDULE III PART PART A 7(A) |
resignation of the auditor of the listed entity, detailed reasons for resignation of auditor, as given by the said auditor, shall be disclosed by the listed entities to the stock exchanges as soon as possible but not later than twenty four hours of receipt of such reasons from the auditor |
24 HOURS |
- |
SCHEDULE III PART PART A 7(B) |
In case of resignation of an independent director of the listed entity, within seven days from the date of resignation, the following disclosures shall be made to the stock exchanges by the listed entities: |
7 days from the date of resignation |
7 Share Transfer Agent. |
Reg 7(4) & (5) Share Transfer Agent. |
The listed entity shall intimate any change or appointment of a new share transfer agent, to the stock exchange(s) within seven days of entering into the agreement. |
7 DAYS |
29 |
Reg 29(1) |
The intimation required under 29 (1), shall be given at least two working days in advance, excluding the date of the intimation and date of the meeting Reg 29(1) is reproduced below: (b) proposal for buyback of securities ; (c) proposal for voluntary delisting by the listed entity from the stock exchange(s); (d) fund raising by way of further public offer, rights issue, American Depository Receipts/Global Depository Receipts/Foreign Currency Convertible Bonds, qualified institutions placement, debt issue, preferential issue or any other method and for determination of issue price: |
at least 2 working days in advance, excluding the date of the intimation and date of the meeting |
31 Holding of specified securities and shareholding pattern. |
Reg 31 (1)(a) |
The listed entity shall submit to the stock exchange(s) a statement showing holding of securities and shareholding pattern separately for each class of securities, in the format specified by the Board from time to time - |
1 day prior to listing of its securities on the stock exchange(s |
31 |
Reg 31 (1 (c) |
within ten days of any capital restructuring of the listed entity resulting in a change exceeding two per cent of the total paid-up share capital: |
within 10 days of any capital restructuring |
31A Conditions for re-classification of any person as promoter / public |
Reg 31A |
an application for re-classification of a promoter/ person belonging to promoter group to public to the stock exchanges has to be made by the listed entity consequent to the following procedures and not later than thirty days from the date of approval by shareholders in general meeting |
30 days from the date of approval by shareholders in general meeting |
37 Draft Scheme of Arrangement & Scheme of Arrangement. |
37(1) |
Draft Scheme of Arrangement & Scheme of Arrangement before for obtaining Observation Letter or No-objection letter, before filing such scheme with any Court or Tribunal, in terms of requirements specified by the Board or stock exchange(s) from time to time. |
Before filling the same with any court or tribunal |
39 Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities. |
39(2) |
The listed entity shall issue certificates or receipts or advices, as applicable, of subdivision, split, consolidation, renewal, exchanges, endorsements, issuance of duplicates thereof or issuance of new certificates or receipts or advices, as applicable, in cases of loss or old decrepit or worn out certificates or receipts or advices, as applicable within a period of thirty days from the date of such lodgement. |
30 Days |
39 Issuance of Certificates or Receipts/Letters/Advices for securities and dealing with unclaimed securities |
39(3) |
The listed entity shall submit information regarding loss of share certificates and issue of the duplicate certificates, to the stock exchange within two days of its getting information. |
2 days of its getting information. |
40 Transfer or transmission or transposition of securities. |
40 (3) |
On receipt of proper documentation, the listed entity shall register transfers of its securities in the name of the transferee(s) and issue certificates or receipts or advices, as applicable, of transfers; or issue any valid objection or intimation to the transferee or transferor, as the case may be, within a period of fifteen days from the date of such receipt of request for transfer. |
15 days |
40 Transfer or transmission or transposition of securities. |
40 (3) |
the listed entity shall ensure that transmission requests are processed for securities held in dematerialized mode within seven days after receipt of the specified documents: |
7 Days |
40 Transfer or transmission or transposition of securities. |
40 (3) |
the listed entity shall ensure that transmission requests are processed for securities held in physical mode within twenty one days after receipt of the specified documents: |
21 Days |
- |
SCHEDULE VII: TRANSFER OF SECURITIES (PART B (1)) |
In case of minor differences in the signature of the transferor(s), the listed entity shall follow the following procedure for registering transfer of securities: |
15 Days |
42 Record Date or Date of closure of transfer books. |
42(2) |
The listed entity shall give notice in advance of atleast seven working days (excluding the date of intimation and the record date) to stock exchange(s) of record date specifying the purpose of the record date: |
7 working days advance intimation excluding the date of the intimation and date of the meeting |
42 Record Date or Date of closure of transfer books. |
42(2) |
in the case of rights issues, the listed entity shall give notice in advance of atleast three working days (excluding the date of intimation and the record date).] |
3 working days advance intimation excluding the date of the intimation and date of the meeting |
42 Record Date or Date of closure of transfer books. |
42(3) |
The listed entity shall recommend or declare all dividend and/or cash bonuses at least five working days (excluding the date of intimation and the record date) before the record date fixed for the purpose. |
5 working days advance intimation excluding the date of the intimation and date of the meeting |
46 Website |
46 (3)(b) |
The listed entity shall update any change in the content of its website within two working days from the date of such change in content. |
2 working days |
50 Intimation to stock exchange(s). |
50(1) |
The listed entity shall give prior intimation to the stock exchange(s) at least eleven working days before the date on and from which the interest on debentures and bonds, and redemption amount of redeemable shares or of debentures and bonds shall be payable. |
11 working days |
50 Intimation to stock exchange(s). |
50(3) |
The listed entity shall intimate to the stock exchange(s), at least two working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of directors, at which the recommendation or declaration of issue of non - convertible debt securities or any other matter affecting the rights or interests of holders of non-convertible debt securities or non-convertible redeemable preference shares is proposed to be considered. |
2 working days advance intimation excluding the date of the intimation and date of the meeting |
52 Financial Results. |
52 (4) & (5) |
The listed entity shall, within seven working days from the date of submission of the information required under sub- regulation (4), submit to stock exchange(s), a certificate signed by debenture trustee that it has taken note of the contents |
7 working days |
52 Financial Results. |
52 (4) & (8) |
The listed entity shall, within two calendar days of the conclusion of the meeting of the board of directors, publish the financial results and statement referred to in reg 52 (4), in at least one English national daily newspaper circulating in the whole or substantially the whole of India. |
two calendar days of the conclusion of the meeting |
57 Other submissions to stock exchange(s). |
57(1) |
The listed entity shall submit a certificate to the stock exchange within two days of the interest or principal or both becoming due that it has made timely payment of interests or principal obligations or both in respect of the non convertible debt securities |
within 2 days |
60 Record Date |
60(2) |
The listed entity shall give notice in advance of at least seven working days (excluding the date of intimation and the record date) to the recognised stock exchange(s) of the record date or of as many days as the stock exchange(s) may agree to or require specifying the purpose of the record date. |
7 working days advance intimation excluding the date of the intimation and date of the meeting |
78 Record Date. |
78(2) |
The listed entity shall give notice in advance of at least four working days to the recognised stock exchange(s) of record date specifying the purpose of the record date |
notice in advance of at least 4 working days |
82 Intimation and filings with stock exchange(s). |
82(2) |
The listed entity shall intimate to the stock exchange(s), at least two working days in advance, excluding the date of the intimation and date of the meeting, regarding the meeting of its board of trustees, at which the recommendation or declaration of issue of securitized debt instruments or any other matter affecting the rights or interests of holders of securitized debt instruments is proposed to be considered. |
2 working days in advance, excluding the date of the intimation and date of the meeting, |
82 Intimation and filings with stock exchange(s). |
82(3) |
The listed entity shall submit such statements, reports or information including financial information pertaining to Schemes to stock exchange within seven days from the end of the month/ actual payment date, either by itself or through the servicer, on a monthly basis in the format as specified by the Board from time to time: |
within 7 days |
87 Record Date. |
87(2) |
The listed entity shall give notice in advance of atleast seven working days (excluding the date of intimation and the record date) to the recognised stock exchange(s) of the record date or of as many days as the Stock Exchange may agree to or require specifying the purpose of the record date |
7 working days advance intimation excluding the date of the intimation and date of the meeting |
87E Record Date. |
87E(2) |
The listed entity shall give notice in advance of at least seven working days (excluding the date of intimation and the record date) to the stock exchange(s) of the record date or of as many days as the stock exchange may agree to or require specifying the purpose of the record date. |
7 working days advance intimation excluding the date of the intimation and date of the meeting |
SEBI decided to extend the timelines forcompliance with the following regulatory requirements by the Trading Members /Clearing Members / Depository Participants / KYC Registration Agencies, asunder:
S. |
Compliance |
Extendedtimeline / Period ofexclusion |
1. |
Maintainingcallrecordingsoforders/instructionsreceived fromclients. |
TillJune30,2021 |
2. |
KYCapplicationformandsupportingdocumentsof the clients to be uploaded on system of KRAwithin10workingdays. |
Till June 30, 2021,documents may beuploaded on to thesystemofKRAwithin15workingdays. *A30-daytimeperiodisprovidedto SEBI RegisteredIntermediaryafterJune30,2021toclearthebacklog |
3. |
IssueofAnnualGlobalStatementtoclients. |
TillJune30,2021. *Relaxationisprovided only if theclient hasrequestedforaphysicalstatement. |
4. |
SubmissionofInternalAuditReportforHYEMarch-2021 |
TillJuly31,2021 |
5. |
NetworthcertificateinMarginTradingforCMSegmentforHYEMarch31,2021 |
TillJuly31,2021 |
6. |
NetworthcertificateforallmembersforHYEMarch 2021. |
TillJuly31,2021 |
7. |
ReportingofRiskbasedsupervision |
TillJuly31,2021 |
8. |
RiskAssessmentTemplate |
TillJuly31,2021 |
9. |
Reporting for Artificial Intelligence (AI) andMachineLearning(ML)applications |
TillJuly31,2021 |
10. |
ClientFundingReporting |
TillJune30,2021 |
11. |
Submission of System Audit Report for the period ended March 2021 |
Till July 31, 2021 |
12. |
Submission of Cyber Security & Cyber Resilience Audit Report for the period ended March 2021 |
Till July 31, 2021 |
13. |
To operate the trading terminals from designated alternate locations. |
Till June 30, 2021 |
14. |
Compliance certificate for Margin Trading for CM Segment for HY ended March 31, 2021 |
Till July 31, 2021 |
15. |
System Audit /Cyber Audit Report – Algo / Type III Members for the period ended March 31, 2021 |
Till July 31, 2021 |
16. |
Action taken/follow-on audit report for System Audit /Cyber Audit Report for 2019-20 |
Till July 31, 2021 |
Sl. |
Compliance |
Extended timeline /Periodofexclusion |
1. |
BOGrievancesReport |
TillJune30,2021,forthemonthofMay2021. |
2. |
Redressalofinvestorgrievances |
DuringperiodfromApril01,2021toJune30,2021timelinepermittedforredressalofgrievancesextendedto30days. |
3. |
Closureofdemataccount |
DuringperiodfromApril01,2021toJune30,2021maybeexcludedintimelinesof30daysprovided no charges shallbeleviedfortheperiodafterreceiptofclosurerequest. |
4. |
Processingofthedematrequests |
DuringperiodfromApril01,2021toJuly31,2021timelineof15days |
6. SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/CFD/DCR1/CIR/P/2020/49 issued and publish dated 27th March 2020, has published Relaxation from compliance with certain provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 pandemic.".
Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date) |
1 |
Regulation 30(1) |
Every person, who together with persons acting in concert with him, holds shares or voting rights entitling him to exercise 25% or more of the voting rights in a target company, shall disclose their aggregate shareholding and voting rights as of the 31st day of March, in such target company in such form as may be specified.
|
The disclosures required under sub-regulation (1) and sub-regulation (2) shall be made within seven working days from the end of each financial year to;
|
2 |
Regulation 30(2) |
The promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the thirty-first day of March, in such target company in such form as may
|
|
3. |
Regulation 31(1) read with Regulation 28(3) of Takeover Regulations AUGUST 7, 2019 CIRCULAR |
The promoter of every listed company shall specifically disclose detailed reasons for encumbrance if the combined encumbrance by the promoter along with PACs with him equals or exceeds: a) 50% of their shareholding in the company; or b) 20% of the total share capital of the company, |
within 2 (two) working days |
4. |
Regulation 31(4) |
Disclosure of encumbered shares |
Promoter of every target company shall together with persons acting in concert with him, disclose their aggregate shareholding and voting rights as of the 31st March, in such target company in such form as may be specified |
7. SEBI (Prohibition of Insider Trading) Regulations, 2015
Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date)
|
1 |
Regulation 7(2) “Continual Disclosures” |
Every promoter, employee and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of ten lakh rupees (10,00,000/-) or such other value as may be specified; |
Every company shall notify; within two trading days of receipt of the disclosure or from becoming aware of such information |
8. SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
Sl. No. |
Regulation No. |
Compliance Particular |
Compliance Period (Due Date)
|
1 |
Schedule XIX - Para (2) of ICDR Read with Reg 108 of SEBI LODR |
“The issuer shall make an application for listing from the date of allotment, within such period as may be specified by the Board from time to time, to one or more recognized stock exchange(s)”.
In regard to above, it is specified that Issuer shall make an application to the exchange/s for listing in case of further issue of equity shares from thedate of allotment within 20 days (unless otherwise specified). |
Within 20 days from the date of allotment
|
2 |
Regulation 162 |
The tenure of the convertible securities of the issuer shall not exceed eighteen months from the date of their allotment.
|
Within 18 months from date of allotment |
3 |
SEBI CIRCULAR Aug 19, 2019 |
Application for trading approval to the stock exchange Listed entities shall make an application for trading approval to the stock exchange/s within 7 working days from the date of grant of listing approval by the stock exchange/s.
|
Within 7 working days from grant of date of listing approval |
4 |
Regulation 76 Application for rights issue |
The issuer along with lead managers and other parties related to the issue shall constitute an optional mechanism (non-cash mode only) to accept the applications of the shareholders to apply to rights issue subject to ensuring that no third-party payments shall be allowed in respect of any application.
|
|
5. |
Regulation 77 Service of Documents |
In case if the company fails to adhere to modes of dispatch through registered post or speed post or courier services due to Covid-19 conditions it will not be treated as non-compliance during the said period.The issuers shall publish required & necessary documents on the websites of the company, registrar, stock exchanges and the lead managers to the rights issue.
|
|
6 |
Regulation 84
Advertisement |
Issuer has the flexibility to publish the advertisement in additional newspapers above those required in Regulation 84. The advertisement should also be made available on:
A. Website of the Issuer, Registrar, Lead Managers, and Stock Exchanges.
B. Television channels, radio, the internet, etc. to spread information related to the process. |
9. SEBI (Depositories and Participants) Regulations 2018)
Sl. No.
|
Compliance Particulars |
Due Date |
1. |
Regulation 76 (Quarter, January – March 2021) Reconciliation of Shares and Capital Audit |
31.07.2021 |
2. |
Regulation 74 (5): Processing of demat requests form by Issuer/RTAs - Certificate Received from Registrar |
31.07.2021 |
Sl. |
Particulars |
Link |
1 |
'Off-market’ transfer of securities by FPI |
|
2 |
Circular on Relaxation in compliance with requirements pertaining to AIFs and VCFs. |
|
3 |
Disclosure of the following only w.r.t schemes which are subscribed by the investor: a. risk-o-meter of the scheme and the benchmark along with the performance disclosure of the scheme vis-a-vis benchmark and b. Details of the portfolio |
|
4 |
Format of compliance report on Corporate Governance by Listed Entities |
|
5 |
Handbook of Statistics 2020 |
|
6. |
Exemption order under regulation 11(5) of SEBI (SAST) Regulations, 2011 in the matter of H. G. Infra Engineering Ltd. |
|
7. |
Welspun India Ltd. - Draft Letter of Offer |
|
8. |
Aditya Birla Sun Life NASDAQ 100 FOF |
|
9. |
Buybacks - Smartlink Holdings Limited - Post offer PA |
|
10. |
Adjudication Order in respect of Shri Dinesh Bhanushali in the matter of market manipulation of GDR issue of K Sera Sera Limited, now known as KSS Limited |
|
11. |
Notice For Meeting on Schemes - Notice of the meeting of the equity shareholders |
|
12. |
Right Issues - Vikas Lifecare Limited – Pre-Issue Advertisement |
|
13. |
Adjudication order in respect of Prakash Estates Pvt Ltd in the matter of Dealings in Illiquid Stock Options at BSE |
|
14. |
Adjudication Order in respect of 3 entities in the matter of Websol Energy System Limited |
|
15. |
Takeover: PentokeyOrgany (India) Limited |
|
16. |
Consultation Paper on proposed framework for Gold Exchange in India and draft SEBI (Vault Managers) Regulations, 2021 |
|
17 |
Notice For Meeting on Schemes - Notice to Equity Shareholders of Mastek Limited on Scheme of Amalgamation |
|
18 |
SEBI seeks public comments on the Consultation Paper on the proposed framework for Gold Exchange in India and draft SEBI (Vault Managers) Regulations, 2021 |
|
19 |
Orders - Adjudication Order in the matter of Gromo Trade and Consultancy Limited |
|
20 |
Buybacks - Welspun India Ltd. - Public Announcement |
|
21 |
Consultation Paper - Review and Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008 and SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 into SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 |
|
22 |
Unserved Summons / Notices - Show Cause Notice in the matter of Yamini Investment Company Ltd. |
|
23 |
Mutual Funds - Axis 2050 Gilt Fund of Fund |
|
24 |
Orders That Could Not be Served - Unserved Adjudication order in respect of five entities in the matter of Aadhar Ventures India Ltd |
|
25 |
SEBI Bulletin - April 2021 [MSWord] [MSExcel] |
|
26 |
Enhancement of overall limit for overseas investment by Alternative Investment Funds (AIFs)/Venture Capital Funds (VCFs) |
|
27 |
Right issue - Vikas Lifecare Limited - Letter of Offer |
|
28 |
Notice For Meeting on Schemes - Notice of Meeting of Equity shareholders for Scheme of Arrangement involving Harishree Aromatics and Chemicals Private Limited and LasaSupergenerics Limited |
|
29 |
Public Issues - Zomato Limited - DRHP |
|
30 |
Adjudication Order in respect of Mr. Ronald Peter Dsouza in the matter of Sterling International Enterprises Limited |
|
31 |
Alignment of interest of Key Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes |
|
32 |
Mutual Funds - Mahindra Manulife Flexi Cap Yojana |
|
33 |
Disclosure of the following only w.r.t schemes which are subscribed by the investor: (a) risk-o-meter of the scheme and the benchmark along with the performance disclosure of the scheme vis-à-vis benchmark and (b) Details of the portfolio |
|
34 |
Clarifications on Insider Trading - COMPREHENSIVE FAQs ON SEBI (PIT) REGULATIONS, 2015 |
|
35 |
Relaxation from compliance with certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 due to the CoVID-19 pandemic |
|
36 |
Relaxation from compliance with certain provisions of the SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 / other applicable circulars due to the CoVID-19 pandemic |
|
37 |
Addendum to SEBI Circular on “Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19” dated April 13, 2020 |
|
38 |
Relaxation in timelines for compliance with regulatory requirements |
|
39 |
Takeovers - Trijal Industries Ltd (TIL) |
|
40 |
Timelines for updation of Scheme Information Document (SID) and Key Information Memorandum (KIM) |
|
41 |
Clarifications on Insider Trading - COMPILATION OF INFORMAL GUIDANCE RELATING TO SEBI (PIT) REGULATIONS, 2015 FOR THE PERIOD OCT 2015- MAR 2021 |
|
42 |
Mutual Funds - IIFL Global Innovation Fund |
|
43 |
Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to the CoVID-19 pandemic |
|
44 |
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2021 |
|
45 |
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2021 |
|
46 |
Securities and Exchange Board of India (Intermediaries) (Second Amendment) Regulations, 2021 |
|
47 |
Securities and Exchange Board of India (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2021 |
|
48 |
Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2021 |
|
49 |
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 |
|
50 |
SIS Limited - Letter of Offer |
|
51 |
Technical Group Report on Social Stock Exchange |
|
52 |
SEBI seeks public comments on the Report Submitted by the Technical Group on Social Stock Exchange |
|
53 |
Aditya Birla Sun Life Nifty Healthcare ETF |
|
54 |
Consultation Paper on Segregation and Monitoring of Collateral at Client level |
|
55 |
Public Issue - Fincare Small Finance Bank Limited |
|
56 |
Business responsibility and sustainability reporting by listed entities |
|
57 |
SEBI issues Circular on “Business Responsibility and Sustainability Reporting by listed entities” |
|
58 |
Consultation Paper on Review of the regulatory framework of promoter, promoter group and group companies as per Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 |
|
59 |
Informal Guidance sought by Jade Capital Markets Pvt. Ltd. in connection with SEBI (Investment Advisers) Regulations, 2013 |
|
60 |
Procedure for seeking prior approval for change in control of SEBI registered Portfolio Managers |
|
61 |
Relaxation from compliance to REITs and InvITs due to the CoVID -19 virus pandemic |
|
10. Compliance Requirement UNDER Companies Act, 2013 and Rules made thereunder;
Applicable Laws/Acts
|
Due Dates |
Compliance Particulars |
Forms / Filing mode |
Companies Act, 2013
|
Within 180 Days From The Date Of Incorporation Of The Company (one time compliance only)
|
As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. |
MCA E- Form INC 20A (one time compliance)
|
Companies Act, 2013
|
First declaration within 90 days from the date of notification Dt. 08.02.2019
|
A person having Significant beneficial owner shall file a declaration to the reporting company http://www.mca.gov.in/Ministry/pdf/CompaniesOwnersAmendmentRules_08020219.pdf i.e. within 90 days of the commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019 i.e. 08.02.2019
In case Subsequent Acquisition of the title of Significant Beneficial Owner / Any Change therein a declaration in Form No. BEN-1 required to be filed to the reporting company, within 30 days of acquiring such significant beneficial ownership or any change therein.
|
Form BEN-1 Draft Format available at |
Companies Act, 2013
|
within 30 days of acquiring beneficial interest |
Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018. (the date of receipt of declaration in BEN-1 ) |
Form BEN – 2 (e-form deployed by Ministry (ROC)) on 01.07.2019 |
Companies Act, 2013
|
One time Compliance |
Filing of the particulars of the Company & its registered office. (by every company incorporated on or before the 31.12.2017.) |
Active Form INC -22A |
Companies Act, 2013
|
Annual Compliance (30.09.2021) |
*DIN KYC through DIR 3 KYC Form is an Annual Exercise. Last date for filing DIR-3 KYC for Financial year 2020-21is 30th September, 2021
Annual Exercise:CLICK HERE Penalty after due date is Rs. 5000/-(one time) |
E-Form DIR – 3 KYC (Web Based and E-form)
|
Companies Act, 2013 |
Within 270 days from the date of deployment of this Form |
Annual Return To Be Filed By Auditor With The National Financial Reporting Authority Note on NFRA -2Click Here |
NFRA-2 (NFRA-2 e-Form live since 9th December 2019.) |
Companies Act, 2013 |
Within 15 days of appointment of an auditor. |
The Ministry in its General Circular No. 12/2018 dated 13th December, 2018 clarified that filing of Form NFRA-1 is applicable only for Bodies Corporate and ruled out filing by Companies as defined under sub-section (20) of Section 2 the Act. |
E – Form NFRA -1 |
Companies Act, 2013 |
Within 30 days of the board meeting |
Filing of resolutions with the ROC regarding Board Report and Annual Accounts. The details of the resolutions passed should be filed. |
MGT-14 (Filing of resolution with MCA) |
Companies Act, 2013 |
Within 60 (sixty) days from the conclusion of each half year. |
Reconciliation of Share Capital Audit Report (Half-yearly) Pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 To be filed all unlisted companies, deemed public companies Till further clarification to be filled in GNL-2 |
E-Form PAS – 6 |
Companies Act, 2013 |
30th June, 2021 |
Every company must file DPT 3 for outstanding loans annually.
The Companies (Acceptance of Deposits) Amendment Rules, 2019, |
E-Form DPT – 3 |
Applicable Laws/Acts
|
Due Dates |
Compliance Particulars |
Forms / Filing mode |
LLP Act, 2008
|
within 60 days from the closure of the financial year (date extended till 31.07.2021) |
LLP Annual Filing- An annual statement for submitting details of the business of the LLP and its partners for the FY 2020-21 |
Form LLP-11
|
1. Relaxation in Maximum Gap between Two Board Meetings:
MCA extended gap between two board meetings by 60 days for first two quarters of financial year 2021-22. According to this, the gap between two consecutive Board Meetings may extend to 180 days during the quarters, April to June and July to August.
2. Relaxation in additional fees for filing of form after due date:
As per this circular, if due date of any form (except CHG-1, CHG-4 and CHG-9) falling between 1st April, 2021 to 30th May, 2020 then those forms can be file without additional fees till 31st July, 2021.
Presently 40 forms are included in the MCA Notification – Click Here
Sl.
|
Particulars of the Circulars |
Link |
1 |
Relaxation of time for filing certain forms under the Companies Act, 2013 |
|
2 |
Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 |
|
3 |
Gap between two board meetings under section 173 of the Companies Act, 2013 (CA-13) – Clarification – reg. |
|
4 |
The Ministry has issued General Circular Number 06/2021 and Number 07/2021 on 3rd May, 2021 allowing stakeholders to file various forms due for filing during 01/4/2021 to 31/05/2021 under the Companies Act, 2013/LLP Act, 2008 by 31st July, 2021 without payment of additional fees. |
|
5. |
Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc. |
|
6. |
Extension in the last date of receipt of Application for Recruitment for the Post of Driver in NFRA on Deputation/ Re-employment |
|
7 |
Please refer the attached file for the list of forms for which additional fee waiver is made available as per Circular no. 06/2021 and 07/2021. Stakeholders may please take note and plan accordingly. |
|
8 |
Ministry of Corporate Affairs nudges Sebi on startup listing rules |
|
9 |
Publication of provisional database for the companies under the regulatory ambit of National Financial Reporting Authority |
|
10 |
Deemed approval given under Green Channel to Kyndryl Holdings LLC and Grand Ocean Managed Infrastructure Services Private Limited for internal restructuring of IBM Corporation |
|
11 |
Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc. |
|
12 |
Clarification on offsetting the excess CSR spent for FY2019-20 – reg. |
|
13 |
List of forms providing waiver of additional fee as per Circular no. 06/2021 and 07/2021 – Total 40 forms added to extension List Due date has been extended till 31st July, 2021 |
|
14 |
Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launches 1st Phase of MCA21 Version 3.0 Revamped website, e-Book, e-Consultation module and new email services deployed for better stakeholders’ experience introduced |
|
11. IBBI Updates {Insolvency and Bankruptcy Board of India}
The National Real Estate Development Council (NAREDCO) has requested the Ministry of Finance and Corporate Affairs for suspension of IBC provisions for one year to protect the corporate entities considering the unprecedented second wave of COVID19.
NAREDCO as a representative body of real estate developers had taken up the matter with the Finance Ministry, seeking adequate relief measures so as to revive the economy as a whole and real estate sector in particular.Large number of employees and others associated with construction activities became COVID positive and lost their lives recently.
Sl.
|
Notification(s) |
Link(s) |
1. |
IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021 |
|
2. |
IBBI (Insolvency Professionals) (Amendment) Regulations, 2021 |
|
3 |
Invitation of application for 21st Basic Workshop for Insolvency Professionals to be held on 13th May, 2021 |
|
4 |
Invitation of application for Webinar for Creating Awareness about the Recent Ordinance on Pre-packaged Insolvency Resolution Process for Insolvency Professional to be held on 12th May, 2021 |
|
5 |
Invitation of application for 10th Advanced Workshop for Insolvency Professionals to be held on 19th May, 2021 |
|
6 |
Invitation of application for Webinar for Creating Awareness about the Recent Ordinance on Pre-packaged Insolvency Resolution Process for Insolvency Professionals to be held on 20th May, 2021 |
|
7 |
Another IBC suspension on cards? FinMin begins industry consultations |
|
8 |
SC Upholds Changes in IBC to Initiate Case Against Debtor Firms |
|
9 |
Invitation of application for Webinar for Creating Awareness about the Recent Ordinance on Prepack Insolvency Process for Insolvency Professional to be held on 27th May, 2021 |
|
10 |
In the matter of Lalit Kumar Jain Vs. Union of India &Ors., Transferred Case (Civil) No. 245/2020 and other writ petitions |
|
11 |
Summary - Judgment dated 21st May 2021 of the Hon’ble Supreme Court of India in the matter of Lalit Kumar Jain Vs. Union of India &Ors. [Transferred Case (Civil) No. 245/2020 and other writ petitions] |
|
12 |
Summary - Judgment dated 21st May 2021 of the Hon’ble Supreme Court of India in the matter of Lalit Kumar Jain Vs. Union of India &Ors. [Transferred Case (Civil) No. 245/2020 and other writ petitions] |
|
13 |
Insolvency and Bankruptcy Board of India marks the 5th Anniversary of enactment of Insolvency and Bankruptcy Code, 2016 |
|
14 |
Quarterly Newsletter for Jan - March, 2021 |
12.NCLT & NCLAT UPDATES(Updates- May, 2021)
Sl. |
Particulars |
Link |
1 |
Special Bench at NCLT, New Delhi- Court No. IV |
|
2 |
Urgent matters hearing at NCLT Kochi from 3.5.2021 to 16.5.2021. |
|
3 |
NCLT, New Delhi Bench- Court No. III & VI |
1. Reappoint NCLT judges within two months: SC to Govt
The Supreme Court Monday ordered the government to complete reappointing NCLT judges within two months citing waning strength in all such tribunals that are now holding virtual courts amid the pandemic.There is a sanctioned limit of 63 judges, nearly half of which are now lying vacant triggering delays amid rising caseloads.
“As the strength of the members of the NCLT and NCLAT is depleting which would be detrimental to the smooth functioning of the Tribunals, we direct the Government to complete the process at the earliest and not later than two months,” the apex court said in the order.
Reappointment of members can be considered separately without waiting for the process of fresh appointments to commence, the court said.
2. NCLT directs liquidation of Devas Multimedia, allows petition by ISRO's Antrix Corp
The National Company Law Tribunal (NCLT) has directed to initiate the liquidation process of Devas Multimedia by allowing the petition filed by Antrix Corporation, a commercial arm of the Indian Space Research Organization.
The Bengaluru bench of the NCLT has said Devas Multimedia was incorporated with a fraudulent motive to collude and connive with the then officials of Antrix Corporation to get bandwidth from it by entering into an agreement in 2005, which was subsequently cancelled by the government.CBI had later filed charge sheets and ED had initiated PMLA proceedings. The MCA had also initiated an investigation into the affairs of Devas Multimedia, but a stay was granted by the Delhi High Court.
3. RBI opposes fresh insolvency freeze
The Reserve Bank of India (RBI) has shot down suggestions of a fresh suspension of the Insolvency & Bankruptcy Code (IBC) due to the second wave of Covid, while making it clear that banks can still restructure distressed but viable loans, ensuring that their balance sheets remain transparent.
In initial discussions with the government, the RBI has indicated a freeze will not help anyone in the long run as it will only show lower level of non-performing assets (NPAs), government sources told TOI. The government has not completely shut the door on the issue but the regulator’s reluctance will certainly weigh on the decision.
13. MSME (Ministry of Micro, Small and Medium Enterprises)
MSME stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy.
MSME – Merged Criteria: Investment and Annual Turnover Revised Classification applicable w.e.f 1st July 2020 |
Classification |
Micro Enterprise |
Small Enterprise |
Medium Enterprise |
Manufacturing Enterprises and Enterprises rendering Services |
Investment in Plant and Machinery or Equipment: |
Investment in Plant and Machinery or Equipment: |
Investment in Plant and Machinery or Equipment: |
1. MSME needs 'concentrated, right kind' of relief package: Assocham
Industry body Assocham has demanded from the government a 'concentrated and right kind' of relief package for MSME sector, which was most affected by covid-19 pandemic.
"Yes, there is a need for a relief package which has to be directed very carefully. We at Assocham believe that both the Centre and the states need to come together with certain plans, so that we can give a concentrated, focused and the right kind of relief to whoever needs it the most," Assocham president Vineet Agarwal said.
Suggesting some measures, he said banks should increase working capital limit of MSMEs by 20 per cent but not charge any extra collateral.
2. IDBI Bank launches digital loan processing system for MSME, agri borrowers
IDBI Bank on Wednesday announced the launch of its fully digitised loan processing system, offering over 50 products to MSME and agriculture sector.The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others.
Suresh Khatanhar, Deputy Managing Director, IDBI Bank said the LPS integrates with the existing core database, human resource management system, and various other applications of the bank.
Sl. |
Particulars |
Link |
1 |
Nineteen companies filed their applications under the PLI scheme for IT Hardware |
Click here |
2 |
Credit Support Measures announced for Individuals, Small Businesses and MSMEs |
|
3 |
Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs) |
|
4 |
Credit to MSME Entrepreneurs |
|
5 |
Transfer of CSIR-CMERI technologies to three MSMEs |
Click here |
6 |
CSIR-CMERI empowering the MSMEs through Technology Infusion |
|
7 |
AA framework offers UPI-style revolution in MSME financing |
|
8 |
Sops for MSMEs in the works to reform apprentice system |
|
9 |
We must study the MSME credit gap before we can fix it |
|
10 |
Covid second wave: MSMEs need help again but not the way govt did last time |
|
11 |
IDBI Bank launches digital loan processing system for MSME, agri borrowers |
Click here |
12 |
IDBI Bank launches automated Loan Processing System for MSMEs |
|
13 |
BSE, Dun & Bradstreet India sign pact to foster MSME growth |
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This article is updated till 31st May, 2021 with all Laws / Regulations and their respective amendments.
----------------------------------------------THE END----------------------------------------------------
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this
Article Compiled by-
Lalit Rajput,
Company Secretary,
Cell: +91 8802581290
Email: lalitrajput537@gmail.com