Author: CS Isha Deshwal

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SEBI introduce FIFTH AMENDMENT Regulations for Social Stock Exchange – 25th July 2022

SEBI vide its notification dated 25th July, 2022 made amendments in SEBI (LODR) Regulations, 2015. These amendments will immediately come into effect and may be called  the  Securities  and  Exchange  Board  of  India  (Listing  Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2022. These amendments provides the framework for Social stock exchange which majorly provides eligibility of […]

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NO Hotels and Restaurants can force consumer to pay service charge: Central Consumer Protection Authority

The Central Consumer Protection Authority (CCPA), has been established under the Consumer Protection Act, 2019 to regulate matters relating to violation of rights of consumers, unfair trade practices and false or misleading advertisements which are prejudicial to the interest of public and consumers and to promote and enforce the rights of consumers as a class. […]

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Appointing directors from land sharing neighboring countries – Mandatory security clearance from MHA

Ministry of Home Affairs on 01st June 2022 issued a notification requiring to amending the Companies (Appointment and Qualification of Directors) Rules, 2014. In pursuant to the amendment, it will become mandatory to obtain security clearance for individuals from countries sharing land borders with India before being appointed as directors on the boards of Indian […]

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FSSAI Licence number mandatory on receipts

FSSAI issued order dated June 08, 2021 for mandating their 14- digit FSSAI license or registration number on cash receipts, purchase invoice, cash memo, bills etc by all food business operators (FBO). It further adds that in case there are two food business operators in any transaction generating different documents, the requirement to quote FSSAI […]

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Extension of time limit for deposit of Professional tax in Karnataka

The Karnataka Government   through circular dated 31st May 2021 has issued Removal of Difficulties Order, 2021 under the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976. Whereas, Sub-section (2) of section 10 specifies that the enrolled persons shall make the payment of tax due for each year as under: In respect of a […]

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COVID-19 – SEBI issues relaxations for Listed Companies

The global outbreak of corona virus (COVID-19) is an unprecedented event that has led to lockdowns and unexpected restrictions on the public as well as the corporate sector across the world. Due to this situation companies are likely to face difficulties in undertaking timely compliances of various applicable laws. Keeping in mind the aforesaid, SEBI has […]

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