CORPORATE LAW UPDATES JULY 2022
GENERAL CIRCULAR NO. 07/2022, DATED 29-06-2022
MCA further extends the timeline for filing of Annual Return by LLPs up to 15.07.2022 without any additional fee
Editorial Note : The MCA has decided to further extend the timeline and allow Limited Liability Partnership (LLPs) to file e- Form 11 (Annual Return) for the financial year 2021-22 without paying additional fees up to 15.07.2022. Earlier, MCA extended the timeline for filing annual returns till 30.06.2022. As per Section 35, every LLP is required to file an annual return duly authenticated with the Registrar within 60 days of closure of its F.Y.
PRESS RELEASE NO. 21/2022, DATED 29-06-2022
SEBI allows FPIs to participate in Exchange Traded Commodity Derivatives market to enhance liquidity & market depth
Editorial Note : The SEBI, in its board meeting, has decided to allows FPIs to participate in the Exchange Traded Commodity Derivatives market to enhance liquidity & market depth. Further, the board considered and approved the amendments to the SEBI (Portfolio Managers) Regulations, 2020, to enhance prudential norms for investments by portfolio managers including investments in associates/ related parties. Also, board approved the SEBI Annual Report: 2021-22.
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