The Ministry of Micro, Small, and Medium Enterprises (MSME) vide notification dated 07th November 2024 has mandated all Companies with a turnover exceeding ₹250 crore, and all Central Public Sector Enterprises (CPSEs), to register themselves on Trade Receivables Discounting System (TReDS) platform. The required Companies shall onboard themselves as "Buyers" on any of the three available TReDS platforms by March 31, 2025: 1. www.invoicemart.com 2. www.m1xchange.com 3. www.rxil.in #CorporateLawupdates #MSMEUpdates
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CSR-2 Due Date Preponed: The due date for filing CSR-2 for financial 2023-24 has been preponed to 31st December 2024, from the usual deadline of 31st March 2025. While the current notification pertains solely to FY 2023-24, reporting companies are encouraged to anticipate this change becoming permanent, in line with the vision set forth by the High-Level Committee (HLC) on CSR. 📅 Notification Date: 24th September 2024. #CorporateLawUpdates hashtag #CorporateLaws hashtag #CSRupdates hashtag #CompanyLaw