Corporate Updates – 30-03-2015


Ministry of Corporate affairs has issued notification relating to Appointment of Registrar of Companies as adjudicating officers for the purposes of the Companies Act in respect of jurisdictions indicated against each Registrar. The Appeals, if any, filed before the concerned Regional Director having jurisdiction over the adjudicating offices shall be disposed of in accordance with the guidelines framed by the Ministry of Corporate Affairs.


SEBI has formulated guidelines to facilitate and regulate financial services relating to securities market in an International Financial Services Centre set up under Section 18(1) of Special Economic Zones Act, 2005 and matters connected therewith or incidental thereto. These guidelines may be called the SEBI (International Financial Services Centres) Guidelines, 2015 which shall come into force on April 01, 2015. For the purpose of these guidelines “International Financial Services Centre" or "IFSC" shall have the same meaning as assigned to it in clause (q) of section 2 of the Special Economic Zones Act, 2005.

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