Investigation timelines require staged document collection, escalation, security deposit and CRD registration to ensure timely SVB case processing.
Procedural guidelines divide SVB work into four groups-Preliminary Scrutiny, Documents Collection & Follow up, Final Investigation, and File & Data Management-each with prescribed duties: screening and checklist preparation, persistent requisition and escalation including EDD and summons, timely preparation and approval of investigation reports with extension protocols, and CRD entry plus weekly/monthly reporting; Annexure-1 provides a detailed documentary checklist tied to Annexure-A/B to standardize evidence collection and tracking.

Relaxation of meeting gap extended; boards and audit committees must still meet at least four times annually.
Relaxation of the maximum permitted interval between consecutive board and Audit Committee meetings is extended to cover meetings up to July 31, 2020, while requiring boards and audit committees of listed entities to hold at least four meetings per year; stock exchanges must notify listed entities and disseminate the circular, which takes immediate effect and is issued under SEBI's regulatory powers subject to the Companies Act and related rules.

Animal quarantine sample collection procedures updated: customs to draw, seal and centralize samples for quarantine NOC processing.
Procedure for drawl and collection of livestock product samples for Animal Quarantine NOC is standardized: samples are drawn in presence of a customs officer and broker/importer, sealed, and collected by Customs Central Sample Cell (CSC) from CFSs to CSC. An Animal Quarantine officer will daily attend CSC for half a day to accept sealed samples and process the NOC; importers/CBs need not deliver samples to the off site quarantine office.

GST registration and pandemic compliance deadlines govern IRP changes, merchant-exporter exports, and job-work reporting requirements.
GST registration is not required afresh for an IRP/RP where all FORM GSTR-1 statements and FORM GSTR-3B returns for periods before appointment have been furnished under the corporate debtor's existing registration. A subsequent change of IRP/RP is treated as a change of authorised signatory and does not require another registration. Merchant-exporter export conditions expiring during the specified COVID-19 period, and FORM GST ITC-04 for the quarter ending March 2020, are extended to 30 June 2020.

Registered-supplier threshold for real estate promoters governs GST payment on shortfall value through FORM GST DRC-03.
Payment of GST by a real estate promoter or developer is required on the value of inward supplies that fall short of the prescribed 80 per cent registered-supplier threshold for inputs and input services, excluding specified land-rights and fuel-related supplies. The tax on the shortfall must be discharged electronically through the common portal by the end of the quarter following the financial year. The prescribed form for reporting and payment of this shortfall tax is FORM GST DRC-03.

Digital delivery of IEC services mandates user registration and mandatory digital signature linking for online IEC processing.
An online platform for IEC services requires username/password registration linked to registered mobile and email with OTP/email authentication; users must link logins to specific IECs using Digital Signature/Aadhaar e-Sign, which is mandatory for applying or modifying IECs and managing IEC-linked users. The platform will migrate legacy data for online processing and monitoring, include a chatbot for queries, and additional trade modules will be rolled out after the first phase stabilises. Regional Authorities must ensure staff have official email accounts and updated mobile numbers for Back Office access and promote awareness and training. IEC application and modification services will be temporarily suspended for the go-live cutover.

Extension of filing deadline for Annual Secretarial Compliance Report to July 31 due to COVID 19; exchanges to notify.
Extension of timeline for submission of the Annual Secretarial Compliance Report by listed entities is granted for one additional month to July 31, 2020, following representations received and continuing operational difficulties due to the COVID 19 pandemic. The Circular is effective immediately and requires Recognized Stock Exchanges to notify and disseminate the extension to all listed entities that have issued specified securities.

Paperless Customs: electronic Shipping Bill and e Gatepass PDFs replace printed copies, enabling QR based authenticity verification.
Electronic transmission of the PDF Shipping Bill bearing the Final LEO copy and the e Gatepass replaces routine printing and physical docket maintenance; PDFs will include a digitally signed encrypted QR code with key shipment details and a version number for authenticity checks via ICEGATE/ICETRAK. LEO messages will be sent to custodians integrated with ICEGATE; exporters must upload all supporting documents to e Sanchit and physical collection of dockets is dispensed with.

Paperless Customs expands electronic transmission of digitally signed Shipping Bill and eGatepass PDFs to exporters and brokers.
Electronic transmission of digitally generated PDF copies of the Shipping Bill bearing Final LEO and the eGatepass will replace mandatory printing and physical dockets. PDFs will include a digitally signed, encrypted QR code encoding key shipment details and a version number for authenticity and tamper-evidence; custodians integrated with ICEGATE will receive LEO messages electronically. All supporting export documents must be uploaded to eSanchit and field units must ensure custodian registration and operational support for the paperless process.

Video conferencing personal hearings enabled for tax proceedings, with emailed notices, ID requirements and an electronic record requirement.
Personal hearings under SGST proceedings will be conducted by video conferencing with notices served by email and advance communication of meeting links and assistance contacts. Representatives must file scanned vakalatnama and photo ID by official email; hearings use approved VC applications and departmental VC facilities. Oral submissions will be reduced to a written "record of personal hearing," emailed as a PDF within one day; parties may amend and return the signed record within three days or be deemed to have accepted it. The emailed record is recognised under the Information Technology Act, 2000.

CSR contribution to PM CARES Fund: amendment to Schedule provisions renders prior office memorandum redundant and superseded.
The circular confirms that the amendment to Schedule VII of the Companies Act is deemed to have come into force on 28 March 2020, and accordingly the Office Memorandum CSR-05/1/2020-CSR_MCA dated 28.03.2020 is redundant and stands superseded.

Order-to-trade ratio limits for algorithmic trading: higher OTR slabs allowed with deterrent penalties and temporary cooling-off.
SEBI allows stock exchanges to introduce higher OTR penalty slabs with deterrent incremental penalties and requires a cooling-off measure whereby a member recording three instances of OTR at or above the higher threshold within a rolling thirty-day period is prohibited from placing orders for the first fifteen minutes of the next trading day; exchanges must amend their byelaws, rules or regulations as needed.

Extension of filing deadline for listed entities' financial results due to COVID-19; regulator grants further compliance relief.
The timeline for submission of quarterly and annual financial results for the period ending 31 March 2020 under the Listing Obligations and Disclosure Requirements is extended by one month; the same extension applies to entities with listed non convertible debt instruments and similar securities for half yearly and annual submissions. The circular takes immediate effect and stock exchanges are directed to notify and disseminate the extension, issued under the regulator's statutory powers and applicable listing regulations.

Custodian appointment renewed: custodian and CCSP status maintained subject to regulatory compliance and AEO-linked bank guarantee terms.
Renewal appoints M/s. Seabird Marine Services Pvt. Ltd. as Custodian and as Customs Cargo Services Provider under the Customs Act and HCCAR 2009, reaffirming custody of imported goods until clearance, warehousing or transshipment and custody of export cargo for examination and stuffing. The renewal is conditional on compliance with the Customs Act and HCCAR 2009, a fixed five-year term, a bank guarantee waiver tied to the CFS's AEO-LO accreditation (with obligation to furnish a bank guarantee if AEO status lapses), and the Commissioner's right to review or revoke approval for non-compliance or governmental direction.

Paperless Customs: digital Shipping Bill and e Gatepass with tamper proof QR to replace printouts, and mandatory e Sanchit upload enforced.
Customs shall electronically transmit PDF Final LEO copies of the Shipping Bill and e Gatepass PDFs to registered exporters and customs brokers, replacing routine printing and physical dockets. The Final LEO PDF will include a digitally signed, encrypted QR code with key shipment details and a version number; custodians must integrate with ICEGATE or register. e Gatepass PDFs will carry summary logistics details and QR codes for the document and each container/package. All supporting export documents must be uploaded to e Sanchit; exceptional printouts require Commissioner approval.

Paperless customs: electronic Shipping Bill and e Gatepass PDFs with secure QR codes replace routine printed copies.
Electronic transmission replaces routine printing: the Directorate General of Systems will email the Final LEO PDF and the e Gatepass PDF to registered exporters and customs brokers. Each PDF carries a digitally signed, encrypted QR code with key shipment details and a version number for authenticity checks; e Gatepass PDFs include both document-level and package/container-level QR codes. LEO messages are sent to ICEGATE integrated custodians, all supporting documents must be uploaded to e Sanchit, and exceptions for printing require approval by the relevant Commissioner.

GST compliance for construction services: developers must pay tax on procurement shortfalls using the prescribed electronic form.
Tax liability arises where a promoter/developer fails to procure the prescribed portion of inputs and input services from a registered supplier for construction of residential apartments; such shortfalling value is taxable and must be paid electronically on the common portal using Form DRC-03 within the period prescribed for the quarter following the financial year.

Reduced GST interest rates and conditional late fee waivers extend relief for delayed GST returns under amended notifications.
The circular explains amended notifications that alter interest and late-fee relief for delayed GST returns: for taxpayers above the aggregate turnover threshold a brief nil-interest grace period is followed by a reduced interest rate until a cut-off date and then the normal rate; for taxpayers below the threshold extended nil-interest windows and a subsequent reduced rate apply until a later cut-off date. The waiver of late fee is conditional on filing FORM GSTR-3B by specified dates, otherwise late fee is payable from the original due date until filing.

Temporary relaxation in FPI document processing extended under regulatory authority; DDPs and custodians must notify clients.
Temporary relaxation in processing of documents pertaining to FPIs is extended to August 31, 2020, with all other terms and conditions of the March 30, 2020 circular remaining unchanged; DDPs and custodians are required to notify their FPI clients and to continue applying the authorized relaxed document acceptance and verification measures under the regulator's powers to protect investors and accommodate AML record keeping flexibility.

Defaulted debt securities: transactions permitted after issuer or debenture trustee intimation, with mandatory disclosure and timelines.
Issuers must promptly intimate payment status of debt securities; Stock Exchanges suspend trading two working days before redemption and Depositories restrict transfers on and after maturity until status is determined. If issuers do not notify, Debenture Trustees shall assess and report payment status within nine working days of maturity. Upon intimation of default, Depositories and Exchanges shall lift restrictions within two working days, flag the ISIN as "ISIN-defaulted in redemption," disseminate the status, permit reporting of OTC trades with explicit default warnings, and notify account holders of the defaulted status.