MCA
Ministry of Corporate Affairs has notified new version of e-Forms of LLP Form 3 (Information with regard to limited liability partnership agreement and changes, if any, made therein), LLP Form 4 (Notice
of appointment, cessation, change in name/ address/designation of a
designated partner or partner. and consent to become a
partner/designated partner), LLP Form 8 (Statement of Account & Solvency) and LLP Form 15 (Notice for change of place of registered office) and INC-1 (Application for reservation of name), INC-7 (Application for Incorporation of Company (Other than OPC), DIR-3 (Application for allotment of Director Identification Number), MGT-6 (Persons not holding beneficial interest in shares) w.e.f 24th April,
2016. Stakeholders are advised to download the latest version before
filing. Form- wise date of last version change is available at on the
website of MCA.
SEBI
To
streamline procedures for issuance of debt securities on private
placement basis, enhancing efficiency, transparency of the price
discovery mechanism and improving liquidity in the secondary market, SEBI has made electronic book mechanism mandatory for all private placements of debt securities in primary market with an issue size of Rs.500 crores and above, inclusive of green shoe option, if any. Electronic
book mechanism will be optional for the issues below Rs 500 crore, but
the issuers will have to disclose the coupon, yield, amount raised,
number of investors and category of investors to the Electronic Book
Provider or to the information repository for corporate debt market, in
the format specified by SEBI. The circular will be effective from July 1.
Thanks & Regards,
Meetesh Shiroya
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