Puducherry ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: NA [Puducherry ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020]
Description: The Registrar of Companies (ROC) of Puducherry on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Industrial Employment (Standing Orders) Himachal Pradesh (Amendment) Rules, 2020

Legal Category: HR and Labour
Rule ACT: Industrial Employment (Standing Orders) Act - Himachal Pradesh
Update Type: Amendment
Release Date: 09, Sep, 2020
Notification No: No. Shram (A)3-5/2012-P-II
Description: The Himachal Pradesh Government has issued Industrial Employment (Standing Orders) Himachal Pradesh (Amendment) Rules, 2020 further to amend the Industrial Employment (Standing Orders) Himachal Pradesh Rules 1973. Through this amendment, it is prohibited for an employer to convert the posts of the permanent workmen existing in his industrial establishment as Fixed Term Employment. Schedule I appended to Industrial Employment (Standing Orders) Himachal Pradesh (Amendment) Rules, 2020 has substituted the Schedule I of Industrial Employment (Standing Orders) Himachal Pradesh Rules 1973.

Maharashtra Labor Welfare Board Further Extends the Date of Contribution Payment till 30th September 2020

Legal Category: HR and Labour
Rule ACT: Labour Welfare Fund Act - Maharashtra
Update Type: Others
Release Date: 22, Sep, 2020
Notification No: MLWB-22/09/20
Description: The Maharashtra Labour Welfare Board has further extended the last date for the online Maharashtra Labour Welfare fund contribution payment till 30th September 2020, due to lockdown across the state during COVID-19 pandemic.

Waiver reduction in late fee for not furnishing FORM GSTR-10, subject to the condition that the returns are filled between 22.09.2020 to 31.12.2020

Legal Category: Taxation
Rule ACT: GST Act - Central
Update Type: Notification
Release Date: 21, Sep, 2020
Notification No: Notification No. 68/2020 – Central Tax
Description: The Central Board of Indirect Taxes and Customs on 21st September 2020 by this notification waives the amount of late fee payable under section 47 of the said Act which is in excess of two hundred and fifty rupees, for the registered persons who fail to furnish the return in FORM GSTR-10 by the due date but furnishes the said return between the period from 22th day of September, 2020 to 31st day of December, 2020.

Waiver reduction in late fee for not furnishing FORM GSTR-4 for 2017-18 and 2018-19, subject to the condition that the returns are filled between 22.09.2020 to 31.10.2020

Legal Category: Taxation
Rule ACT: GST Act - Central
Update Type: Notification
Release Date: 21, Sep, 2020
Notification No: Notification No. 67/2020 – Central Tax
Description: The Central Board of Indirect Taxes and Customs on 21st September 2020 by this notification says that late fee payable under section 47 of the said Act, shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived where the total amount of central tax payable in the said return is nil, for the registered persons who failed to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to March, 2020 by the due date but furnishes the said return between the period from 22
th day of September, 2020 to 31st day of October, 2020.‖

One time extension for the time limit provided under Section 31(7) of the CGST Act 2017 till 31.10.2020

Legal Category: Taxation
Rule ACT: GST Act - Central
Update Type: Notification
Release Date: 21, Sep, 2020
Notification No: Notification No. 66/2020 – Central Tax
Description: The Central Board of Indirect Taxes and Customs on 21st September 2020 by this notification says that where, any time limit for completion or compliance of any action, by any person, has been specified in, or prescribed or notified under sub-section (7) of section 31 of the said Act in respect of goods being sent or taken out of India on approval for sale or return, which falls during the period from the 20th day of March, 2020 to the 30th day of October, 2020, and where completion or compliance of such action has not been made within such time, then, the time limit for completion or compliance of such action, shall stand extended upto the 31st day of October, 2020.

Online Renewal Of License Under Contract Labour (Regulation And Abolition) Act, 1970 In Telangana

Legal Category: HR and Labour
Rule ACT: Contract Labour Act - Telangana
Update Type: Order
Release Date: 17, Sep, 2020
Notification No: G.O.Rt.No.288
Description: The Government of Telangana has ordered that the license granted/renewal under the Contract Labour (Regulation and Abolition) Act, 1970 shall be in an automatic non-discretionary, deemed renewal manner through an online system without the requirement of filing an application for renewal, subject to payment of the fee prescribed by the Government from time to time, within the time prescribed.

The Jharkhand Minimum Wages Notification (April 2020)

Legal Category: HR and Labour
Rule ACT: Minimum Wages Act - Jharkhand
Update Type: Notification
Release Date: 03, Sep, 2020
Notification No: No-2/MW-2071/2010, L&T-912
Description: The Government of Jharkhand has released the Minimum Rate of Wages effective from 1st April 2020 for the State of Jharkhand.

Extension of time for sharing information by listed companies relating to System driven disclosures

Legal Category: SEBI
Rule ACT: SEBI (Prohibition of Insider Trading) Regulation
Update Type: Circular
Release Date: 21, Sep, 2020
Notification No: LIST/COMP/51/2020-21
Description: Securities and Exchange Board of India has decided to extend the time for sharing information by listed companies relating to System driven disclosures till September 30, 2020. Bombay Stock Exchange (BSE) has requested all the Listed Entity to take note of the same and comply accordingly.

Review of Foreign Direct Investment (FDI) Policy in Defence Sector

Legal Category: FEMA / EXIM
Rule ACT: FDI Policy
Update Type: Press Release
Release Date: 18, Sep, 2020
Notification No: No. 4 (2020 Series)
Description: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has decided to review the Foreign Direct Investment (FDI) Policy in Defence Sector.
Highlights of the Review:
i. FDI allowed upto 74% through automatic route
ii. FDI beyond 74% to be permitted under Government Route.

Bill of Entry (Forms) (Amendment) Regulations, 2020

Legal Category: FEMA / EXIM
Rule ACT: Customs Act
Update Type: Amendment
Release Date: 17, Sep, 2020
Notification No: No.90/2020-Customs (N.T.)
Description: Central Board of Excise and Customs has notified the Bill of Entry (Forms) (Amendment) Regulations, 2020, and decided to substitute Form I, Form II, and Form III of the Bill of Entry (Forms) Regulations,1976.

Extension of time for sharing information by listed companies relating to System driven disclosures

Legal Category: SEBI
Rule ACT: SEBI (Prohibition of Insider Trading) Regulation
Update Type: Circular
Release Date: 18, Sep, 2020
Notification No: NSE/CML/2020/47
Description: Securities and Exchange Board of India has decided to extend the time for sharing information by listed companies relating to System driven disclosures till September 30, 2020. National Stock Exchange (NSE) has requested all the Listed Entity to take note of the same and comply accordingly.

Regulatory Measures to continue

Legal Category: SEBI
Rule ACT: SEBI Act
Update Type: Press Release
Release Date: 18, Sep, 2020
Notification No: PR No.48/2020
Description: On review of the COVID-19 pandemic related situation, the Securities and Exchange Board of India has decided the regulatory measures introduced vide SEBI Press Release dated March 20, 2020, shall continue to be in force till October 29, 2020.

Exchange Rate of Foreign Currency

Legal Category: FEMA / EXIM
Rule ACT: Customs Act
Update Type: Notification
Release Date: 17, Sep, 2020
Notification No: No.88/2020 - Customs (N.T.)
Description: Central Board of Indirect Taxes and Customs (CBIC) has determined the exchange rate of foreign currency related to import and export of goods in supersession of the notification No.84/2020-CUSTOMS (N.T.).

NSE Clarification pertaining to submission of disclosures along with the financial statements by listed entities for the purpose of compliance with SEBI Commercial Paper circulars read with SEBI LODR Regulations,2015

Legal Category: SEBI
Rule ACT: SEBI (LODR)
Update Type: Circular
Release Date: 16, Sep, 2020
Notification No: NSE/CML/2020/14
Description: Securities and Exchange Board of India has advised that the issuer(s) of the Listed Commercial Paper shall disclose detailed data regarding previous due dates for repayment of principal of Commercial Papers/Non-Convertible Debentures/Non-Convertible Redeemable Preference Shares along with the payments of interest/dividend for Non-Convertible Debentures/Non-Convertible Redeemable Preference Shares and whether the same has been paid or not while submitting half-yearly/annual financial statements to the Exchange as per the provisions of Regulation 52(4)(d) SEBI LODR Regulations,2015. The issuer should disclose information for all outstanding ISINs about the previous due date for the payment of interest/ dividend for Non-Convertible Redeemable Preference Shares/ Repayment of Principal of Non-Convertible Preference Shares /Non-Convertible Debt Securities/Commercial Papers and whether the same has been paid or not. Further, if the Issuer has paid any amounts in the current reporting period, which was due in the previous reporting periods, the same shall also be disclosed along with the financial results.

BSE Clarification pertaining to submission of disclosures along with the financial statements by listed entities for the purpose of compliance with SEBI Commercial Paper circulars read with SEBI LODR Regulations,2015

Legal Category: SEBI
Rule ACT: SEBI (LODR)
Update Type: Circular
Release Date: 16, Sep, 2020
Notification No: 20200916-35
Description: Securities and Exchange Board of India has advised that the issuer(s) of the Listed Commercial Paper shall disclose detailed data regarding previous due dates for repayment of principal of Commercial Papers/Non-Convertible Debentures/Non-Convertible Redeemable Preference Shares along with the payments of interest/dividend for Non-Convertible Debentures/Non-Convertible Redeemable Preference Shares and whether the same has been paid or not while submitting half-yearly/annual financial statements to the Exchange as per the provisions of Regulation 52(4)(d) SEBI LODR Regulations,2015. The issuer should disclose information for all outstanding ISINs about the previous due date for the payment of interest/ dividend for Non-Convertible Redeemable Preference Shares/ Repayment of Principal of Non-Convertible Preference Shares /Non-Convertible Debt Securities/Commercial Papers and whether the same has been paid or not. Further, if the Issuer has paid any amounts in the current reporting period, which was due in the previous reporting periods, the same shall also be disclosed along with the financial results.

Streamlining of Unit Quantity Codes (UQCs) in DGFT's EDI system and Customs

Legal Category: FEMA / EXIM
Rule ACT: Customs Act
Update Type: Notice
Release Date: 14, Sep, 2020
Notification No: No. 26/2020-21
Description: Ministry of Commerce and Industry has decided the followings to address the issue related to standard Unit Quantity Codes (UQCs):
i. No new authorizations mentioning Non-standard units such as BoU, packs, Boxes cartons, and bottles, etc would be issued by RAs. These necessary changes are being carried out in the DGFT EDI system also.
ii. To ensure that exports do not suffer in the meanwhile, for the authorizations already issued and carrying any Non-standard units such as BoU, packs, Boxes cartons, and bottles, etc, Customs have been requested to allow exports against such authorizations till 30.10.2020 by accepting exporter’s shipping bills in the UQCs provided in ICEGATE. After 1.11.2020, exports/imports without standard UQCs will not be permitted.
iii. In the meanwhile, such authorization holders are requested to approach concerned RA and get the non-standard units indicated in their authorizations in the import and export quantities, converted to standard quantity units. In case RAs face any difficulty in carrying out these amendments, they will get in touch with the concerned Norms Committee (NC) in Hqrs.

Vijayawada ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. ROC/AP/AGM-Ext/2020
Description: The Registrar of Companies (ROC) of Vijayawada on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Kolkata ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. ROC/WB/Admn./2020/2717
Description: The Registrar of Companies (ROC) of Kolkata on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Uttarakhand ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. ROC-CUM-OL/UK/Office Order/2020/2693
Description: The Registrar of Companies (ROC) of Uttarakhand on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Ranchi ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. ROC-cum-OL/JHR/A/08/Office Order/2020/241
Description: The Registrar of Companies (ROC) of Ranchi on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Patna ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: ROC-cum-OL/PAT/Admn(28)Vol-II/405
Description: The Registrar of Companies (ROC) of Patna on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Cuttack ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. ROC-OD/T/225/AGM/2020/792
Description: The Registrar of Companies (ROC) of Cuttack on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

Himachal Pradesh ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: Order No. Extension AGM/ROC-CHD/345
Description: The Registrar of Companies (ROC) of Himachal Pradesh on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.

ROC, Jammu and Kashmir and Ladakh extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020

Legal Category: Corporate
Rule ACT: Companies Act
Update Type: Order
Release Date: 08, Sep, 2020
Notification No: NA [ROC, Jammu and Kashmir and Ladakh extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020]
Description: The Registrar of Companies (ROC) of Jammu and Kashmir and Ladakh on September 08, 2020 has issued an order for the extension of the Annual General Meeting (AGM) for the financial year ended on March 31, 2020. The extension has been given to companies for three months from the due date of holding the AGM without requiring the companies to file applications for seeking such extention by filing the prescribed Form No. GNL-1. The Extension has also been applied to the application already filed in Form No. GNL-1 to the ROC for extension of AGM and not yet approved and also on the applications which were rejected.
  • 08, Sep, 2020 Puducherry ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 09, Sep, 2020 Industrial Employment (Standing Orders) Himachal Pradesh (Amendment) Rules, 2020
  • 22, Sep, 2020 Maharashtra Labor Welfare Board Further Extends the Date of Contribution Payment till 30th September 2020
  • 21, Sep, 2020 Waiver reduction in late fee for not furnishing FORM GSTR-10, subject to the condition that the returns are filled between 22.09.2020 to 31.12.2020
  • 21, Sep, 2020 Waiver reduction in late fee for not furnishing FORM GSTR-4 for 2017-18 and 2018-19, subject to the condition that the returns are filled between 22.09.2020 to 31.10.2020
  • 21, Sep, 2020 One time extension for the time limit provided under Section 31(7) of the CGST Act 2017 till 31.10.2020
  • 17, Sep, 2020 Online Renewal Of License Under Contract Labour (Regulation And Abolition) Act, 1970 In Telangana
  • 03, Sep, 2020 The Jharkhand Minimum Wages Notification (April 2020)
  • 21, Sep, 2020 Extension of time for sharing information by listed companies relating to System driven disclosures
  • 18, Sep, 2020 Review of Foreign Direct Investment (FDI) Policy in Defence Sector
  • 17, Sep, 2020 Bill of Entry (Forms) (Amendment) Regulations, 2020
  • 18, Sep, 2020 Extension of time for sharing information by listed companies relating to System driven disclosures
  • 18, Sep, 2020 Regulatory Measures to continue
  • 17, Sep, 2020 Exchange Rate of Foreign Currency
  • 16, Sep, 2020 NSE Clarification pertaining to submission of disclosures along with the financial statements by listed entities for the purpose of compliance with SEBI Commercial Paper circulars read with SEBI LODR Regulations,2015
  • 16, Sep, 2020 BSE Clarification pertaining to submission of disclosures along with the financial statements by listed entities for the purpose of compliance with SEBI Commercial Paper circulars read with SEBI LODR Regulations,2015
  • 14, Sep, 2020 Streamlining of Unit Quantity Codes (UQCs) in DGFT's EDI system and Customs
  • 08, Sep, 2020 Vijayawada ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Kolkata ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Uttarakhand ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Ranchi ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Patna ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Cuttack ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 Himachal Pradesh ROC extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
  • 08, Sep, 2020 ROC, Jammu and Kashmir and Ladakh extends the due date for holding of AGM for three months for the financial year ended on March 31, 2020
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