Corporate Updates – 18-10-2016


SEBI has issued a circular easing rules on bullion as collateral. SEBI said that Clearing members of commodity derivatives bourses can now keep a higher quantum of up to 30 per cent of their total liquid assets bullion as commodities collateral. Earlier, clearing members were permitted to have only up to 15 per cent of their total liquid assets as collateral.


MCA has revised “Simplified Proforma for Incorporating Companies Electronically” (SPICe) Forms along with electronic MoA (SPICe MoA) and electronic AoA (SPICe AoA). The revised SPICe Forms will be available w.e.f 18th October, 2016 for filing purposes on MCA portal. Stakeholders are requested to use the latest version of SPICe forms and plan their filing accordingly.

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