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Trading Window Closure becomes mandatory for all listed entities

  Affluence Advisory    19 July 2023 at 14:20

Stock Exchanges have vide its circular dt: June 28, 2023 extended applicability of Circular to all listed entities in a phased manner



FAQs on Income tax Returns for Assessment Year 2023-24

  Affluence Advisory    14 July 2023 at 08:58

The article lists down FAQs on Income tax Returns for Assessment Year 2023-24



FAQs on Foreign Liabilities and Assets Annual Return (FLA Return)

  Affluence Advisory    13 July 2023 at 09:03

FLA is an abbreviation of Foreign Assets and Liabilities. FLA return is required to be submitted by all the companies / LLPs / AIFs / Partnership Firms / Public Private Partnerships which have received FDI and/or made overseas investments in any of the previous year(s), including the current year.



Maintenance of Documents as per Company law

  Affluence Advisory    12 July 2023 at 15:05

Documents preservation of which is permanent in nature



Can Compulsorily Convertible Debentures (CCDs) be issued under the Rights Issue?

  Affluence Advisory    08 July 2023 at 09:03

Section 62(1)(a) of the Act regulates the issuance of shares through a rights issue to the company's existing shareholders. Section 62 states that whenever a company with a share capital proposes to increase its subscribed capital by issuing further shares



SEBI notifies Compliance Report on Governance for InvITs

  Affluence Advisory    07 July 2023 at 13:01

Securities Exchange Board of India ('SEBI') vide circular SEBI/HO/DDHS-PoD-2/P/CIR/2023/100 dated June 26, 2023 issued a format of Compliance Report on Governance for Infrastructure Investment Trust ('InvITs'). This circular is applicable to InvITs whose units are listed on recognised stock exchange.



The FLDG Model and Fintech-Bank Collaboration in India

  Affluence Advisory    05 July 2023 at 08:39

The emergence of Financial Technology providers (fintechs) has revolutionized the way in which financial services are delivered. Fintech firms have leveraged te..



Mandatory Verification of Market rumours

  Affluence Advisory    01 July 2023 at 08:59

Introduction to the Amendment:Under the LODR amendment, listed entities are now required to establish a robust mechanism for rumours verification and timely dis..



Maintenance of Documents as per SEBI Regulations, 2015 and SEBI (PIT) Regulations, 2015

  Affluence Advisory    29 June 2023 at 14:26

The Board of Directors of the Company in pursuance of Regulation 9 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and other applicable provisions



Transition to XBRL filings for listed entities

  Affluence Advisory    27 June 2023 at 15:11

The BSE and the NSE have stipulated in both circulars that the XBRL submissions must be made within 24 hours following the PDF submissions.