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Archive: 2001

Posts in 2001

Reg. anti-dumping duty on import of Hydroxyl Amine Sulphate

March 28, 2001 1015 Views 0 comment Print

In the matter of import of Hydroxyl Amine Sulphate, falling under sub-heading No. 2825.10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), originating in, or exported from, the United States of America, Japan and the European Union, the designated authority vide its preliminary findings, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 4th August, 2000 had come to the conclusion.

SEBI : Revised slabs for incremental ALBM and incremental MCFS margins

March 28, 2001 445 Views 0 comment Print

It has now been decided that the incremental MCFS /incremental ALBM/ incremental BLESS margin would be calculated and 7collected on a gross basis at client level based on the data generated from the system.

SEBI : issued guidelines for the valuation of securities and identification and provisioning for non-performing assets.

March 28, 2001 7735 Views 0 comment Print

When trading in an equity/equity related security (such as convertible debentures, equity warrants, etc.) in a month is both less than Rs. 5 lacs and the total volume is less than 50,000 shares.

SEBI : Copy of Gazette Notification dated January 23, 2001

March 28, 2001 709 Views 0 comment Print

We are enclosing a copy of the Gazette notification dated January 23, 2001 pertaining to valuation and provisioning of non-performing assets (NPAs) for your information.

SC Decision on Limitation of Companies Act in case of oppression and mismanagement

March 27, 2001 9425 Views 0 comment Print

Hanuman Prasad Bagri & Ors vs Bagress Cereals Pvt. Ltd. & Ors (SC) Sections 397 & 398 of the Companies Act, 1956 [hereinafter referred to as the Act] was filed before the Calcutta High Court on grounds of oppression and mismanagement. The learned Company Judge held that the Petitioners grievance in regard to ouster from the management of the company is legitimate and justified; that respondent No.3 had manoeuvred the matters in such a manner to result in the ouster of the Petitioner No.1 from the management of the Company.

Notification No. 14/2001-Customs (N.T.), dated: 27.03.2001

March 27, 2001 586 Views 0 comment Print

In exercise of the powers conferred by sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 5/2001-NT-Customs, [S.O.160(E)] dated the 23rd February, 2001 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st April, 2001.

Notification No. 13/2001-Customs (N.T.), dated: 27.03.2001

March 27, 2001 475 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of Section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.4/2001-NT-Customs, [S.O.159(E)] dated the 23rd February, 2001 the Central Government hereby.

Notification No. 14/2001-Central Excise (N.T.) Dated 27-3-2001

March 27, 2001 583 Views 0 comment Print

In exercise of the powers conferred by clause (i) of Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944(1 of 1944), read with clause (8) of rule 2 of the Central Excise Rules, 1944, and in supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.397/86-Central Excise, dated the 26th August 1986

Notification No. 13/2001-Central Excise (N.T.) Dated 27-3-2001

March 27, 2001 544 Views 0 comment Print

In exercise of the powers conferred by clause (i) of Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944(1 of 1944), read with clause (8) of rule 2 of the Central Excise Rules, 1944, the Central Government hereby specifies SEEPZ Special Economic Zone, Mumbai in the State of Maharashtra as a free trade zone

Notification specifies Kandla Special Economic Zone, as a “free trade zone”. (Superseded vide Notification No. 62/2001-C.E. (N.T.), dated 13-9-2001)

March 27, 2001 904 Views 0 comment Print

In exercise of the powers conferred by clause (i) of Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944(1 of 1944), read with clause (8) of rule 2 of the Central Excise Rules, 1944, the Central Government hereby specifies Kandla Special Economic Zone

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