Introduction
Swift e-Bulletin
Week – February 05th to February 10th
Quote for the week:
“The truth is not always beautiful, nor beautiful words the truth.”
– Lao Tzu (Chinese philosopher and writer)
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The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. 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”), Reserve Bank of India (“RBI”), Insolvency and Bankruptcy Board of India (“IBBI”), International Financial Services Authority (“IFSCA”), Securities and Exchange Board of India (“SEBI”) and NCLAT Order(“ORDER”)
The Regulatory authorities provided various updates/relaxations, some of which being:
- MCA vide General Circular dated February 07, 2024 issued relaxation of additional fees and extension of last date of filing of Form No. LLP BEN- 2 and Form No. 4D under the Limited Liability Partnership Act, 2008.
- SEBI vide Circular dated February 08, 2024 issued revised pricing methodology for institutional placements of privately placed Infrastructure Investment Trust (InvIT).
We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements/ orders issued during the week of February 05th to February 10th.
Thank you, Swift team
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