Ministry of Corporate Affairs on 30th day of May 2025 released an update regarding launch of final set of 38 Company Forms including 13 Annual Filing forms and 6 Audit/Cost Audit forms to be effective from 14th July 2025 at 12.00 a.m. in MCA 21 V3 portal. This rollout marks the completion of MCAs migration […]
Read More →Reserve Bank of India vide its Notification No. RBI/2024-25/100, DOR.STR.REC.54/21.04.048/2024-25 dated December 31, 2024 issued Government Debt Relief Schemes (DRS). Debt Relief Schemes (DRS) refer to Schemes notified by the State Governments that entail funding by the fiscal authorities to cover debt obligations of a targeted segment of borrowers that the lending institutions are required […]
Read More →Insurance Regulatory and Development Authority of India vide Notification No. F. No. IRDAI/Reg/5/212/2025 issued Insurance Regulatory and Development Authority of India (Regulatory Sandbox) Regulations, 2025, effective from 3rd January, 2025. “Regulatory Sandbox” means an environment used in the financial services sector, which provides testing ground for new business models, processes and applications that may not […]
Read More →International Financial Services Centres Authority vide Notification No. IFSCA/GN/2024/012 dated 18th November, 2024 notified International Financial Services Centres Authority (Registration of Factors and Registration of Assignment of Receivables) Regulations, 2024. These regulations aim to provide for the manner of granting certificate of registration to Factors and filing of particulars of transactions with the Central Registry […]
Read More →Securities and Exchange Board of India (“SEBI”) has issued Master Circular for Portfolio Managers for effective regulation of Portfolio Managers vide Circular No. SEBI/HO/IMD/IMD-POD-1/P/CIR/2024/80 dated June 07, 2024 which supersedes the Master Circular for Portfolio Managers dated March 20, 2023. Applicability:- It is applicable to all Portfolio Managers and Association of Portfolio Managers in India […]
Read More →On July 15, 2024, Reserve Bank Of India issued Master Directions on Fraud Risk Management in Urban Cooperative Banks (UCBs) / State Cooperative Banks (StCBs) / Central Cooperative Banks (CCBs) superseding the earlier directions on the subject, namely, ‘Master Circular– ‘Classification and Reporting’ (DCBR.CO.BPD.MC.No.1/ 12.05.001/2015-16) dated July 1, 2015. These Directions are issued with a […]
Read More →The National Housing Bank (NHB) plays a crucial role in supporting Housing Finance Companies (HFCs) by offering refinance assistance. Let’s delve into the key aspects of this program: Purpose of Refinance Assistance Individual Housing Loans: NHB provides refinance assistance to HFCs for housing loans extended to individuals. This helps HFCs manage liquidity and continue their […]
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