OZG Properties, UK

02/12/2024

*SECURITIES AND EXCHANGE BOARD OF INDIA (ATTESTATION OF DOCUMENTS) (AMENDMENT) REGULATIONS, 2024*

F. No. SEBI/LAD-NRO/GN/2024/212.—In exercise of the powers conferred by section 21A, section 23JA and section 31 of the Securities Contracts (Regulation) Act, 1956, section 11, section 11A, section 12, section 15JB and section 30 of the Securities and Exchange Board of India Act, 1992, section 19-IA and section 25 of the Depositories Act, 1996, and clause (f) of sub-section (2) of section 68 of the Companies Act, 2013, the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Custodian) Regulations, 1996, Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Securities and Exchange Board of India {KYC (Know Your Client) Registration Agency} Regulations, 2011, Securities and Exchange Board of India (Buy-back of Securities) Regulations 2018, Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018, Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, Securities and Exchange Board of India (Index Providers) Regulations, 2024, namely:–

1. 👁️‍🗨️ These regulations may be called the Securities and Exchange Board of India (Attestation of Documents) (Amendment) Regulations, 2024.

2. 👁️‍🗨️ They shall come into force on the date of their publication in the Official Gazette.

3. 👁️‍🗨️ In the Securities and Exchange Board of India (Custodian) Regulations, 1996, in the First Schedule, in Form A, in clause x, the words “attested as true by an authorised notary” shall be substituted with the words “self-attested”.

4. 👁️‍🗨️ In Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, in the First Schedule, in Form A, in clause 1, the words “attested as true by a notary public” shall be substituted with the words “self-attested”.

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28/10/2024

21/04/2024

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18/04/2024

OSP liberalised guidelines for Call Centers

🔖 Distinction between Domestic and International OSPs has been removed. A BPO centre with common Telecom resources will now be able to serve customers located worldwide including in India.

🔖 EPABX (Electronic Private Automatic Branch Exchange) of the OSP can be located anywhere in the world. OSPs apart from utilising EPABX services of the Telecom Service Providers can also locate their EPABX at third Party Data Centres in India.

🔖 With the removal of the distinction between Domestic and International OSP centres, the interconnectivity between all types of OSP centres is now permitted.

🔖 Remote Agents of OSP can now connect directly with the Centralised EPABX/ EPABX of the OSP/ EPABX of the customer using any technology including Broadband over wireline/ wireless.

🔖 No restriction for data interconnectivity between any OSP centres of same company or group company or any unrelated company.

🔖 No Bank Guarantees were to be furnished.

🔖 Work from Home and Work from Anywhere was also permitted.





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📌 01. Telecom Compliance Advisory Services.

📌 02. Enterprise Voice & Unified Communications Design Review - Voice, Data & Network.

📌 03. Cloud and Foreign EPABX.

📌 04. Data Privacy Regulations.

📌 05. Telecom Compliance Solution Recommendations.

📌 06. OSP Intimation Services.

📌 07. Work from Home (WFH).

📌 08. Regulatory Updates.

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02/04/2024

Following are the pertinent laws related to a foreign national as a director in an Indian company:

📌 Appointment of directors under Companies Act, 2013

Under Indian Companies Act, 2013, six types of Directors are employed in a company. These are independent directors, women directors, additional directors, small shareholders directors, and alternative and nominee directors. The Act does not restrict a foreign national from being appointed as any of the above-stated directors in Indian Companies by following the Companies Act, 2013 along with the Companies Rules, 2014 which deals with appointment and qualifications of directors.