Ministry of Corporate Affairs (MCA)

Relaxation on levy of additional fees in filing of e-forms  AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and  MGT-7/MGT-7A for the financial year ended on 31.03.2021 under the Companies Act, 2013 (Feb 14, 2022)

MCA has relaxed the levy of additional fees for annual financial statement/return filings required to be done for the financial year ended on 31.03.2021. It has been provided that no additional fees shall be levied up to 15.03.2022 for the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and up to 31.03.2022 for filing of e-forms MGT-7/MGT-7A in respect of the financial year ended on 31.03.2021 respectively. During the said period, only normal fees shall be payable for the filing of the aforementioned e-forms.



SEBI Circulars


Standard Operating Guidelines for the Vault Managers and Depositories - Electronic Gold Receipts (EGR) segment
 (Feb 14, 2022)

In order to ensure ease of compliance for the market  participants in the EGR ecosystem, SEBI has issued 
Standard Operating Guidelines under Regulation 28 of SEBI (Vault Managers) Regulations, 2021 read with Regulation 97 of SEBI (Depositories and Participants)  Regulations, 2018. The Standard Operating Guidelines are laid down in Annexure-1 to this circular. Further, as per Chapter IV of the Vault Managers Regulations, the Vault Managers are mandated for creation and extinguishment of EGR. The modalities for deposit of gold, creation of EGR, withdrawal of gold and extinguishment of EGR are stipulated in Annexure-2 to this circular.


Banking and Finance

Finance Minister addresses the Central Board of Directors of Reserve Bank of India (Feb 14, 2022)

The 593rd meeting of the Central Board of Directors of Reserve Bank of India was held on February 14, 2022 at New Delhi under the Chairmanship of Shri Shaktikanta Das, Governor. Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance & Corporate Affairs, addressed the Directors of the Central Board. The Hon’ble Finance Minister in her address outlined the thinking behind the Union Budget 2022-23 and the priorities of the Government. The Board in its meeting reviewed the current economic situation, global and domestic challenges.



Market Today  (as on 15.02.2022 )

BSE Sensex                          58142.05 (+1,736.21)
Nifty 50                                17352.45 (+509.65)

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