“Compliance is the mark of a trustworthy organization”
G.V. and Associates, Company Secretaries & Advisory Solutionz (P) Ltd.
In this Issue (Updates for 01.06.2026 – 30.06.2026):
ISO 9001:2015 QMS Certification – Compliance Calendar – Companies Act – Securities and Exchange Board of India (SEBI) – Reserve Bank of India (RBI) – Stock Exchanges – Other Acts
We are pleased to inform that G.V. and Associates is now an ISO 9001:2015 QMS Certified Entity.
Compliance Calendar For The Month Of July 2026
| Act | Form / Regulation (Reg) No. | Applicability | Due Dates |
|---|---|---|---|
| Companies Act, 2013 | DPT 3 | Return of deposits | Within 31.07.2026 |
| Foreign Exchange Management Act | ECB-2 | LLP & Company having ECB | WITHIN 07.07.2026 |
| Foreign Exchange Management Act | FLA Return | All the entities which have received FDI and/or made FDI abroad | Within 15.07.2026 |
| SEBI (Listing Obligations and Disclosure Requirements) | Reg 31 | All the Listed Entities | Within 15.07.2026 |
| SEBI (Listing Obligations and Disclosure Requirements) | Reg 27 | Company listed in Main Board | Within 30.07.2026 |
| SEBI (Listing Obligations and Disclosure Requirements) | Reg 13 | All the Listed Entities | Within 30.07.2026 |
| SEBI (Listing Obligations and Disclosure Requirements) | Reg 76 | All the Listed Entities | Within 30.07.2026 |
| SEBI (Listing Obligations and Disclosure Requirements) | Reg 76 | All the Listed Entities | Within 30.07.2026 |
| Insolvency and Bankruptcy Board of India | Form VL | As may be Applicable | WITHIN 10.07.2026 |
| Insolvency and Bankruptcy Board of India | Form CP | As may be Applicable | WITHIN 10.07.2026 |
| Insolvency and Bankruptcy Board of India | Form LIQ | As may be Applicable | WITHIN 10.07.2026 |
Companies Act
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026
The Ministry of Corporate Affairs has widened the ambit of Schedule VII by introducing a new item no. (xiii) i.e. “Subscription to zero coupon zero principal instruments on Social Stock Exchange.” Ministry of Corporate Affairs (MCA) has facilitated Corporate Social Responsibility (CSR) through Zero Coupon Zero Principal Instrument by expanding the scope of Schedule VII of the Companies Act, 2013. Further, in order to facilitate the implementation of CSR through Zero Coupon Zero Principal Instrument, amendment in the CSR Policy Rules, 2014 has been made wherein definition of ‘Not for Profit Organization’ and ‘Zero Coupon Zero Principal Instrument’ has been introduced in Rule 2 and the criteria for Corporate Social Responsibility implementation through zero coupon zero principal instrument has been enumerated in Rule 4A.
Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2266792®=3&lang=1
Extension of time period for validity of name reservation and resubmission
Ministry of Corporate Affairs vide issuing an update has extended the time period for validity of name reservation and resubmission. The Ministry has updated its stakeholders that, in view of the capacity enhancement and restoration activities being undertaken at the Data Centre consequent to the fire incident of 05.06.2026, it has been decided to provide the following relief measures to mitigate any adverse impact on stakeholders:
- Extension of validity of approved name reservations in cases where the validity of the approved name reservation is expiring between 21.06.2026 and 30.06.2026, the validity of such SRNs shall be extended up to 10.07.2026. However, for the validity of an approved name reservation for Companies or LLPs (including applications filed through RUN, RUN-LLP and SPICe+ Part A) expired during the period from 05.06.2026 to 20.06.2026, stakeholders may seek extension of the validity period up to 10.07.2026 by raising a ticket with the MCA Helpdesk on or before 30.06.2026.
- Extension of validity of resubmissions of e-forms in cases where the last date for resubmission falls between 21.06.2026 and 30.06.2026, the validity of such SRNs shall be extended up to 10.07.2026. However, in respect of e-forms where the last date for resubmission fell between 05.06.2026 and 20.06.2026, stakeholders may seek extension of the resubmission validity period up to 10.07.2026 by raising a ticket with the MCA Helpdesk on or before 30.06.2026.
Source: https://www.mca.gov.in/content/dam/mca/pdf/Reserved-name-and-Resubmission-extension.pdf
Relaxation in paying additional fees in case of delay in filing Form DPT-3
Ministry of Corporate Affairs vide issuing general circular no. 02/2026, has stated that the due date for filing Form DPT-3 (Return of deposits) is 30th of June 2026 for the Financial Year 2025-2026. In view of the capacity enhancement/restoration activities being done at Data Center consequent to a fire incident on 05/06/2026, it has been decided to allow companies to file Form DPT -3 for the Financial Year 2025-2026 without paying additional fees up to 31st July 2026.
Source: https://www.mca.gov.in/bin/dms/getdocument?mds=4SQtX5BW0SiRdGUtbQZgRA%253D%253D&type=open
Securities And Exchange Board Of India
SEBI Press Release – Transaction in Securities of Unlisted Public Limited Companies on various Platforms
It has come to the notice of SEBI that certain electronic platforms and/ or websites are facilitating transactions/ trading in unlisted securities of public limited companies. SEBI has earlier issued Press Releases dated December 09, 2024 and August 30, 2016 which, inter-alia, advised the investors against conducting any transactions and sharing sensitive personal details on such platforms. Further, SEBI has also issued Press Releases on unauthorised virtual trading platforms offering virtual trading/paper trading/fantasy games and unregistered online platforms offering unlisted debt securities, which inter alia cautioned the public against such activities. Investors are once again cautioned about the risks in conducting any transactions/ trading on such electronic platforms or sharing any sensitive personal details on the same as these platforms are neither authorized nor recognized by SEBI. It is to re-iterate that only recognized stock exchanges are authorised to provide a platform for fund raising and trading in securities. The details of SEBI recognized stock exchanges are available on the SEBI website www.sebi.gov.in.
Investors may note that for any kind of disputes relating to participation on such platforms, none of the following recourses will be available to investors of such platforms:
Benefits of investor protection under SEBI/ Exchange(s) Jurisdiction
Investor grievance redressal mechanism administered by Exchange(s) or the online dispute resolution mechanism administered by Exchanges/Depositories (smartodr.in).
Launch of Securities Market TechSprint at Global Fintech Fest 2026
SEBI, in collaboration with leading market infrastructure institutions and industry bodies, has launched the Securities Market TechSprint as part of the Global Fintech Fest 2026 (GFF’26). Under the theme “Innovation in Action: Shaping Securities Market for Tomorrow”, this initiative aims to harness India’s technological talent to address real-world challenges within the securities market. The TechSprint invites innovators to design and build cutting-edge, digital solutions focused on empowering retail investors and bolstering transparency, efficiency, compliance and accessibility across India’s vibrant capital markets. Participants are challenged to develop solutions addressing the key problem statements. Securities Market TechSprint offers a platform for participants to showcase their groundbreaking solutions at the Global Fintech Fest and win cash prizes. Shortlisted innovations will also be considered for mentorship through the SEBI Innovation Sandbox.
Reserve Bank Of India
Modification of Returns / Reporting requirements under FEMA, 1999
1.Attention of Authorised Persons is invited to the provisions contained in the Foreign Exchange Management (Authorised Persons) Regulations, 2026, Master Direction – Money Changing Activities, Master Direction – Money Transfer Service Scheme (MTSS), and Master Direction – Reporting under Foreign Exchange Management Act, 1999, as amended from time to time.
- 2. On a review, it has been decided to rationalise certain reporting requirements, and prescribe/modify reporting formats pursuant to the Foreign Exchange Management (Authorised Persons) Regulations, 2026.
- 3. The formats for submission of various returns are provided in the Annex to this circular. The following additional instructions shall apply:
i) The revised format of FLM-8 shall also capture details relating to write-off of foreign currency notes. The requirement of obtaining prior approval of the Reserve Bank for write-off of foreign currency notes exceeding USD 2000 has been discontinued. Entities maintaining Nostro accounts and reporting the relevant transactions through FETERS shall not submit FLM-8 returns.
ii) Authorised Persons having franchisee arrangements shall submit a list of such arrangements within 15 days from the end of each calendar quarter. iii) Indian Agents under MTSS shall submit the list of Sub-Agents on a quarterly basis within 15 days from the end of each calendar quarter. Master Direction – Money Changing Activities and Master Direction – Reporting under FEMA are being updated separately to reflect the above changes. The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13550&Mode=0
Insolvency And Bankruptcy Code, 2016
IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2026
Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2026 which makes amendments in Regulations 16(2), 31B, 39(3) and inserted following new regulation in the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016:
“Regulation 16E: Assistance to committee where creditors other than scheduled banks or public financial institutions hold significant voting share. Where creditors, other than a scheduled bank or a public financial institution as defined in Section 2(72) of the Companies Act, 2013, hold more than sixty-six per cent of the voting share in the committee, the resolution professional shall—
- a. invite the five largest unrelated operational creditors, which shall include the three largest authorities to whom statutory dues are owed, by value of admitted claims, to attend the meetings of the committee as observers with no voting rights; and
- b. record their observations, if any, in the minutes of the meetings of the committee.”
Source: https://ibbi.gov.in/uploads/legalframwork/9ff2e33e257d8f22ab3dc142ccce6e29.pdf
IBBI Guidelines for Conducting Valuation under the IBC
Valuation reports prepared under the Insolvency and Bankruptcy Code, 2016 (Code) are critical element to insolvency framework and the reliability, credibility and adequacy of valuation reports are fundamental to achieving the objective of value maximisation under the Code. Various provisions of IBBI Regulations under the Code provides that a registered valuer shall prepare the valuation report and maintain such documentation as per the format notified by the Board through circular. Accordingly, the IBBI vide circular dated 15th June, 2026 specifies the Guidelines for conducting valuation under the IBC.
- Part-I of the Guidelines sets out the general requirements regarding documentation to be maintained by the registered valuer; the minimum content of the valuation report; key parameters to be considered while valuing receivables; and duties of registered valuers towards designated coordinating valuer.
- Part II of the Guidelines contains the asset-specific formats for the valuation report;
- Part III provides the guidelines for coordinating valuer for determination of fair value of the corporate debtor under the IBC.
Every registered valuer appointed under the Code and the regulations made thereunder is required to prepare valuation reports and maintain documentation in accordance with these Guidelines.
Source: https://ibbi.gov.in/uploads/whatsnew/9d426e3d5c806a7a8f763103960345ea.pdf
Stock Exchanges
NSE and BME collaborate to advance India’s Non-Ferrous Metal Derivatives Market ecosystem
National Stock Exchange of India Limited (NSE) has signed a Memorandum of Understanding (MoU) with the Bharat Metal Exchange Ltd. (BME) (formerly known as Bombay Metal Exchange Ltd) to jointly promote the development, awareness, and adoption of non-ferrous metal derivatives in India. The MoU was signed by Mr. Sushil Kothari, President –BME, on behalf of BME. BME carries a rich legacy of more than nine decades and has established a strong global network across the non- ferrous metals trade and industry ecosystem. The collaboration brings together NSE’s robust derivatives market infrastructure and BME’s longstanding expertise and deep engagement with India’s physical non-ferrous metals ecosystem. The partnership aims to strengthen market participation, enhance price risk management practices, and support the development of efficient hedging tools for stakeholders across the non-ferrous metals value chain. India is one of the world’s largest consumers of industrial metals such as copper, aluminium, zinc, lead, and nickel. As domestic manufacturing, infrastructure development, renewable energy, and electric mobility continue to expand, market participants increasingly require transparent and efficient mechanisms to manage price volatility. Through this collaboration, NSE and BME will work together to develop new products in the non-ferrous metals space and promote awareness focused on price risk management using tools such as exchange-traded non-ferrous metal derivatives. The collaboration will facilitate engagement with producers, consumers, processors, traders, importers, exporters, industry associations, and financial market participants to encourage broader adoption of exchange-based risk management solutions.
Source: https://www.nseindia.com/resources/exchange-communication-press-releases
NSE takes a Lead to Accelerate Social Transformation by Earmarking 10% of its CSR Corpus through NSE – Social Stock Exchange
National Stock Exchange of India (NSE) announced its decision to earmark 10% of its annual Corporate Social Responsibility (CSR) corpus for deployment through projects listed on the NSE Social Stock Exchange (NSE-SSE), reaffirming its commitment towards strengthening India’s social impact ecosystem through transparent, accountable and outcome-oriented philanthropy. In March 2026, the CSR Committee of NSE had agreed, in principle, to deploy 10% of NSE’s annual CSR corpus through the NSE-SSE platform, subject to enabling regulatory provisions. Following the Ministry of Corporate Affairs’ Gazette Notifications dated 27 May 2026 permitting companies to undertake CSR expenditure through subscription to Zero Coupon Zero Principal (ZCZP) Instruments listed on the Social Stock Exchange, NSE has now operationalize this commitment. The commitment reflects NSE’s belief in the transformative potential of the Social Stock Exchange as a market-based platform for channelizing capital towards credible social sector organisations through a transparent and regulated framework. Leading through deployment of its own CSR corpus, NSE aims to catalyse wider institutional participation and contribute towards SSE and similar innovative social financing alternatives to support India’s developmental aspirations at scale.
Source: https://www.nseindia.com/resources/exchange-communication-press-releases
Disclaimer: This newsletter is prepared by G.V. and Associates, Company Secretaries & Advisory Solutionz (P) Ltd. for knowledge sharing and compliance awareness. It does not constitute legal opinion or formal advisory.