logo
logo

Swift e-Bulletin

Introduction

Edition 45th 22-23

Week – February 20th to February 24th

Quote for the week:

“Please don’t be afraid, don’t worry yourself. The end and beginning, beginning and end are connected.”

– Min Yoongi.

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”) and Securities and Exchange Board of India (“SEBI”).

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

  1. MCA vide General Circular dated February 22, 2023 clarifies the filing of various prospectus related E-forms during the period of V3 portal stabilization.
  2. SEBI vide Circular dated February 22, 2023 issues advisory for SEBI Regulated Entities (REs) regarding cybersecurity best practices.

We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of February 20th to February 24th, 2023.

 

Thank you,

Swift team


Table of Contents

REGULATORY UPDATES

MCA 

  1. MCA vide General Circular dated February 22, 2023 clarifies the filing of various prospectus related E-forms during the period of V3 portal stabilization
  2. MCA vide General Circular dated February 21, 2023 extended time for filing of 45 company e-Forms PAS- 3 and SPICE+PartA in MCA 21 Version 3.0 without additional fee

SEBI

  1. SEBI vide Circular dated February 22, 2023 issues advisory for SEBI Regulated Entities (REs) regarding cybersecurity best practices

 

logo

About Swift

Swift India Corporate Services LLP (“Swift”) (Formerly known as SwiftIndiaInc Corporate Services Private Limited) established in the year 2005, is an associate entity of Nishith Desai Associates — Legal & Tax Counseling Worldwide (legal and tax consulting firm).

We are a team of professionals with rich corporate, legal and secretarial backgrounds. We are a premier corporate compliance firm that caters to the needs and demands of our global clients. Swift aims to provide quick and pragmatic corporate solutions alongside high-quality compliances.

  


 

Swift India Corporate Services LLP

 

Regd. Office: 91-92 B, Mittal Court, Nariman Point, Mumbai 400 021, India

LLPIN: AAH-4705, registered under the Limited Liability Partnership Act, 2008

Tel +91 22 6669 5000, Fax +91 22 6669 5001

 


www.swiftindiallp.com