Monday, November 9, 2020

SEBI INVESTOR GRIEVANCE NOTIFICATION & EXTENSION OF LLP SETTLEMENT SCHE...


AND STOCK EXCHANGES SHOULD MONITOR AND KEEP RECORDS NOW.

SEBI Circulars Investor Grievance Redressal Mechanism (November 6, 2020)

In order to further strengthen the Investor Grievance Redressal Mechanism, SEBI has issued clarification to its circular dated August 11, 2010, February 09, 2011, and September 26, 2013 where it has clarified that Stock Exchange shall ensure that the investor complaints shall be resolved within 15 working days from the date of receipt of the complaint. Additional information, if any, required from the complainant, shall be sought within 7 working days from the date of receipt of the complaint. Stock Exchange shall maintain a record of all the complaints addressed/redressed within 15 working days from the date of receipt of the complaint/additional information.

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MCA Notification for extension of LLP Settlement Scheme 2020 –

MCA Circular 37/2020 dated 9 November 2020

In continuation to this Ministry’s General Circular no 13/2020 dated 30-3-2020 and in the General Circular No 31/ 2020 dated 28-9-2020 , the scheme was extended till 31st December 2020 in view of large scale disruption caused by the Covid-19 pandemic and after due examination , it has been decided to extend the date on applicability of defaulting LLP and therefore, in serial number 3, para 8A, sub-para (iii) of the said circular dated 30-3-2020 , belated documents due for filing till 30th November 2020 shall be substituted. All other requirements provided in the said circulars shall remain unchanged.

 


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