Alerts & Updates 13th Feb 2025

Private companies breathe easy temporarily on demat requirement | SEBI suggests easing RPT norms and secretarial compliance

Authors

Manendra Singh Partner | Mumbai
Aditi Ladha Senior Associate | Mumbai

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MCA has provided a much-needed breather for private companies to comply with the dematerialisation requirement by extending the deadline from September 30, 2024 to June 30, 2025.

Additionally, in furtherance of the recent amendments to the LODR Regulations, SEBI has released a consultation paper proposing changes with the objective of facilitating the ease of doing business. Among the changes suggested, significant ones include applicability of RPT provisions and revisions in the thresholds requiring audit committee approval for RPTs, with respect to subsidiaries of listed entities. The consultation paper has also proposed changes to secretarial compliance norms to achieve transparency among stakeholders.

Read the detailed update here

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