Introduction

Edition 41st 22-23

Week – January 23rd to January 27th

Quote for the week:

“If in the middle of the road, in the moment you want to give up, shout out even louder:

SO WHAT.”

– Jung Hoseok.

We welcome you to our weekly newsletter!

The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. We hope that you liked our previous editions and found it to be of great value in its content. We want this newsletter to be valuable for you so, please share your feedback and suggestions to help us improve.

Further, various regulatory authorities have been proactive in bringing significant regulatory changes in recent challenging times. This week’s newsletter covers various circulars/notifications issued by certain regulatory authorities such as the Ministry of Corporate Affairs (“MCA”).

The Regulatory authorities provided various updates/relaxations, some of which being:

1. MCA vide notification dated January 19, 2023 amends the rules for the for Appointment and Management of the Key Managerial Personnel.
2. MCA vide notification dated January 20, 2023 amended the Companies (Registration Offices and Fees) Rules, 2014

We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of January 23rd to January 27th, 2023.

Thank you,

Swift team

REGULATORY UPDATES

MCA

1. MCA vide notification dated January 19, 2023 amends the rules for the for Appointment and Management of the Key Managerial Personnel
2. MCA vide notification dated January 20, 2023 amended the Companies (Registration Offices and Fees) Rules, 2014