Licensing Of New Small Finance Banks Now ‘On Tap’

With this ‘on tap’ facility, the RBI will now accept applications and grant licenses for SFBs throughout the year, in contrast to the erstwhile guidelines issued on November 27, 2014, where the application window was open until 16 January 2015.

Investment curbs could hurt start-up valuations

BDO India Appoints Mubin Shaikh as Partner – Cyber Security

Senior cyber security professional and expert Mubin Shaikh has joined as Partner – Cyber Security at BDO. Shaikh will be based out of Mumbai and will be looking after the western and northern regions in India.

Sebi tweaks in takeover norms to help promoters raise holding

Sebi has also reduced the gap between two QIPs to two weeks.  

Registration of charges: Corp Affairs Ministry grants moratorium for Covid-19 period

Introduces scheme to condone delay in filing of charge documents by companies and banks

Sebi relaxes preferential allotment norms for fund raising amid COVID outbreak

The market regulator relaxed preferential allotment norms for promoters till March 2021.

Handling Integrity Risks Post COVID-19

Workforces, investors, entrepreneurs, consumers and society at large are now resuming their roles alongside the risks that could impair their ability to resume with full force.

GST on company directors’ pay: CBIC brings income tax into mix; GST levy will depend on this TDS rule

The Central Board of Indirect Taxes & Customs (‘CBIC’) has finally put to rest the huge hustle created by the contrary rulings of Advance Ruling Authorities (‘ARA’) on the levy of GST on remuneration paid to Directors of a company. 

IBC suspension during Covid-19 will give firms breathing space: Experts

As per the Ordinance, the corporate insolvency resolution process cannot be initiated against a company under the IBC for defaults arising on or after March 25, 2020, for a period of six months