E-Form AOC-04 for filing Annual Financial Statement is likely to be amended w.r.t filing of CSR expenditure details. The revised AOC-04 eForm is likely to be available on MCA portal by 3rd week of Jul-2016. Stakeholders are requested to note that filing CSR details are mandatory. Therefore, Annual filing may be planned as per revised AOC-04.Corporate
The Securities and Exchange Board of India has issued Consultation paper for Disclosure of financial information in offer document/ placement memorandum and for Valuation in respect of SEBI (Infrastructure investment trusts) Regulations, 2014. The SEBI (Infrastructure investment trusts) Regulations, 2014 (InvIT Regulations) were notified on September 26, 2014, thereby providing a regulatory framework for registration and regulation of InvITs in India. The regulations, inter alia, prescribe conditions for making a public offer and private placement and broad guidelines for making initial and continuous disclosures including disclosures of financials of the InvIT.
The Department has invited Suggestions/ Comments on the consultation paper. Further, Comments may also be forwarded by email to firstname.lastname@example.org or may be sent by post to the address latest by July 31, 2016.
The Central Board of Reserve Bank of India has discussed the outline for constitution of the Monetary Policy Committee (MPC). A panel with the mandate to decide the benchmark interest rates. The RBI Governor will head the MPC and three (3) Members will be from RBI. Besides the Governor, there will be a deputy Governor and an executive Director from RBI. The other three members will be nominated by the Government after recommendations of a search-cum-selection committee.