Disclosure obligations of listed entities in relation to Related Party Transactions

RELEVANT EXTRACT  1.Vide notification dated November 9, 2021, Regulation 23 of the SEBI (Listing Obligations and  Disclosure Requirements), Regulations 2015 (‘LODR Regulations’) was amended, inter-alia,  mandating listed entities that have listed specified securities to submit to the stock exchanges  disclosure of Related Party Transactions (RPTs)

Caution against various Co-operative societies using the word “Bank” in their names

RELEVANT EXTRACT  The Banking Regulation Act, 1949 (BR Act, 1949) was amended by the Banking Regulation (Amendment) Act, 2020 (Act 39 of 2020) which came into force on September 29, 2020. Accordingly, co-operative societies cannot use the words “bank", "banker" or "banking" as part of

Vacancy For Fresher CA/MBA As Financial Management Program – FMP With GE Aviation At Pune

Vacancy For Fresher CA/MBA As Financial Management Program – FMP With GE Aviation At Pune Vacancy For CA/CA – INTER As Forensic Accountant With J.S. Held At Mumbai Vacancy For Bachelor’s/Master’s (Accounting, Finance Or Commerce)/CA – INTER As Senior Financial Analyst With GSN Games At

Income Tax Department conducts searches in Gujarat

RELEVANT EXTRACT  The Income Tax Department has carried out a search and seizure operation on a  prominent group engaged in manufacturing of chemicals and development of real estate  on 18.11.2021. The search action covered more than 20 premises spread over Vapi and  Sarigam in Gujarat,

Further Extension of Last Date for Submitting MEF 2021-22 from November 20 to November 25, 2021

RELEVANT EXTRACT  Considering the various requests received from the Members of ICAI, it has been decided by the Professional Development Committee to extend the last date for submission of online Multipurpose Empanelment Form along with the Declaration for the year 2021-22 by another 5 days.

Income Tax Department conducts searches in West Bengal

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on 16.11.2021 on a prominent Kolkata based group engaged in manufacturing of cement and real estate. The search action covered 24 premises spread over Kolkata, Delhi and places in the states of Assam

Vacancy For Bachelor’s/Master’s (Finance) As JL2- Accountant With Volvo Group At Bangalore

1. Vacancy For Bachelor’s/Master’s (Finance) As JL2- Accountant With Volvo Group At Bangalore 2. Vacancy For MBA(F)/Post Graduate As Valuations & Pricing, Associate 2 With State Street At Bangalore 3. Vacancy For Bachelor’s (Commerce/ Accounting/ Economics)/MBA/CMA – INTER As Analyst – Finance Support  With Vestas

Vacancy For CA/CMA/MBA/Post Graduate(Finance) As FP&A Analyst With ALSTOM At Bangalore

1. Vacancy For CA/CMA/MBA/Post Graduate(Finance) As FP&A Analyst With ALSTOM At Bangalore 2. Vacancy For Bachelor’s (Finance) As Associate – Invoice Review With State Street At Bangalore 3. Vacancy For B. COM As Process Associate – Accounting OPS  With Genpact At Noida 4. Vacancy For

Income Tax Department conducts searches in Pune

RELEVANT EXTRACT  The Income Tax Department carried out a search and seizure operationon 11.11.2021 on a group at Pune which is engaged in manufacturing of heavy machinery like excavators, cranes, concrete machinery which are used in mining, piling and port, etc. Search operation has covered

Addendum to SEBI Circular dated November 16, 2021 relating to Schemes of Arrangement by Listed Entities

RELEVANT EXTRACT  .    1. SEBI vide Circular No. SEBI/HO/CFD/DIL2/CIR/0/2021 dated November 16, 2021 notified changes to the Master Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/249 dated December 22, 2020. In this regard, an addendum to the aforesaid Circular dated November 16, 2021 is placed at Annexure 1. Applicability

Income Tax Department conducts searches in Delhi and Haryana

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on  09.11.2021 in the case of a Fintech company providing instant short term personal loan  through Mobile App. The searches were conducted on the business and residential  premises in Delhi and Gurugram. During

RBI releases the Report of the Working Group on digital lending including lending through online platforms and mobile apps

RELEVANT EXTRACT  The Reserve Bank of India had constituted a Working Group (WG) on digital lending including lending through online platforms and mobile apps on January 13, 2021, with Shri Jayant Kumar Dash, Executive Director, RBI as the Chairman. The WG was set up in

Vacancy For B. COM/M. COM/MBA(F) As Associate GL Accountant/Associate Accountant With Aptean At Bangalore

1. Vacancy For B. COM/M. COM/MBA(F) As Associate GL Accountant/Associate Accountant With Aptean At Bangalore 2. Vacancy For CA As Finance And Accounts Executive With Dekra India Pvt. Ltd At Delhi 3. Vacancy For (13) Qualified CA/CMA As Chief Finance Manager/Finance Manager/Deputy Finance Manager/ Assistant

Vacancy For B. COM/M. COM/CA/CMA As Assistant Manager – GST With Amoli Organics Private Limited At Mumbai

1. Vacancy For B. COM/M. COM/CA/CMA As Assistant Manager – GST With Amoli Organics Private Limited At Mumbai 2. Vacancy For B. COM/MBA/CA – INTER As Senior Officer – Finance With Public Health Foundation Of India At Gurgaon 3. Vacancy For CMA/Semi Qualified CA As

Scheme of Arrangement by Listed Entities

RELEVANT EXTRACT  SEBI Master Circular No. SEBI/HO/CFD/DIL1/CIR/P/2020/249 dated December 22, 2020 has laid down the framework for Schemes of Arrangement by listed entities. Empowering the stock exchanges: It has been decided to provide further clarifications on the processing of draft schemes filed with the stock

Taxpayers’ Lounge of Income Tax Department set up at IITF, 2021

RELEVANT EXTRACT  A Taxpayers’ Lounge has been set up by the Income Tax Department in India  International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th – 27th  November 2021, for fostering awareness about various services provided by the  Income Tax Department to taxpayers