Secretarial compliance report

SEBI has extended by one month the timeline to file the secretarial compliance report by listed entities under regulation 24-A of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. This is in view of the covid pandemic.

SEBI circular can be found here.

https://www.sebi.gov.in/legal/circulars/jun-2020/further-extension-of-time-for-submission-of-annual-secretarial-compliance-report-by-listed-entities-due-to-the-continuing-impact-of-the-covid-19-pandemic_46933.html

While SEBI & MCA & CBITC have been quite pro-active in extending compliance deadlines due to covid pandemic, the same kind of interest is not shown by RBI, India’s oldest regulator. Till today, they have not extended the timeline for filing the annual FLA return which is supposed to be filed every year and the last date for the same is 15th July, 2020. Even earlier they had not extended the time line for filing the form FC-GPR online which is supposed to be filed within one month of the date of allotment of securities. Why this lethargy from RBI is not clear.

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