NCLT:
MCA has altered the Territorial Jurisdiction of National Company Law Tribunal Bench. In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, 2013 (18 of 2013), the Central Government hereby amends the notification of the Ministry of Corporate Affairs. Accordingly all cases pertaining to State of Haryana, shall be omitted from the Jurisdiction of National Company Law Tribunal, New Delhi Bench and shall be a under the jurisdiction of National Company Law Tribunal, Chandigarh Bench.
SEBI:
SEBI has issued guidelines for providing dedicated debt segment in the stock exchange for trading, clearing and settlement of debt securities including trading, clearing and settlement of corporate bonds. Further stock exchanges are directed to take necessary steps and put in place necessary systems for implementation of this circular immediately, make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision; bring the provisions of this circular to the notice of the member brokers of the stock exchange and also to disseminate the same on the website.
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