Companies (Filing of Documents and Forms in Extensible Business reporting Language) Amendment Rules, 2016

Central government has exempted banking Companies, insurance Companies, power sector Companies, non-banking financial companies and housing finance companies from filing of Documents and forms in Extensible Business Reporting Language under rule 3 of Companies (Filing of Documents and Forms in Extensible Business reporting Language)  Rules, 2015 via notification dated 4th April, 2016.

http://www.mca.gov.in/Ministry/pdf/Rules_06042016.pdf

Comments

Post a Comment

Popular posts from this blog

Continuous Disclosure Requirements for Listed Entities - Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

SEBI has issued Circular dated September 09, 2015 on Continuous Disclosure Requirements for Listed Entities - Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 keeping in view the need of uniformity in disclosures made by listed entities to ensure compliance in letter and spirit. CIRCULAR NO. CIR/CFD/CMD/4/2015 ISSUED BY SEBI
Read more

ENSURING INVESTOR CONFIDENCE THROUGH EFFECTIVE GRIEVANCE REDRESSAL MECHANISM

In today's securities market, investor confidence is paramount, and an efficient grievance redressal mechanism is essential to ensure that investors have faith in the system. According to Regulation 13 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a listed entity shall ensure that adequate steps are taken for the expeditious redressal of investor complaints. The listed entity shall also register on the SCORES platform or another electronic platform mandated by the Board to handle investor complaints electronically. The entity shall file a statement with the recognized stock exchange(s) on a quarterly basis, indicating the number of investor complaints pending, received, disposed of, and unresolved during the quarter. An efficient grievance redressal mechanism is vital for investor confidence. Investors must feel that their concerns and complaints are heard and addressed in a timely and effective manner. The pr...
Read more

APPOINTMENT AND IMPORTANCE OF COMPLIANCE OFFICERS IN LISTED ENTITIES

  In the world of securities and exchange, the appointment of a qualified compliance officer is not only a regulatory obligation but a crucial step towards ensuring the letter and spirit of the law. As per Regulation 6 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, every listed entity is required to appoint a qualified company secretary as the compliance officer. The compliance officer is tasked with various responsibilities that range from ensuring conformity with regulatory provisions, co-ordination with the board, stock exchanges and depositories, to monitoring the grievance redressal division. From a legal perspective, the role of the compliance officer in a listed entity cannot be overstated. The compliance officer ensures that the correct procedures have been followed, which leads to the accuracy, authenticity, and comprehensiveness of information, statements, and reports filed by the listed entity under ...
Read more