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Archive: 2004

Posts in 2004

SEBI :(Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999

July 22, 2004 2452 Views 0 comment Print

In a case falling under clause 22.7, if the subsidiary reimburses the cost incurred by the holding company in granting options to the employees of the subsidiary, both the subsidiary as well as the holding company shall disclose the payment or receipt, as the case may be, in the ‘notes to accounts’ to their financial statements.

Amends notification No.12/97-Customs (N.T.), dated: 02.04.1997

July 21, 2004 349 Views 0 comment Print

In exercise of the powers conferred by clause (aa) of sub-section (1) read with sub-section (2) of section 7 of the Customs Act, 1962 (52 of 1962), the Board hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/97-CUSTOMS (N.T.), dated the 2nd April, 1997.

Notification No. 88/2004-Customs (N.T.), Dated: 21.07.2004

July 21, 2004 688 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby appoints the Commissioner of Customs (Export), Jawahar Customs House, Nhava Sheva, to act in each of the matters specified in columns (2) and (3) of the Table below as officer specified in corresponding entry in column (4) of the said Table for the purpose of adjudication of the matters relating to the Show Cause Notices issued by Additional Director General, Directorate of Revenue Intelligence, Zonal Unit, Mumbai in the matters so specified.

SEBI : (Central Database Of Market Participants) (Amendment) Regulations 2004

July 21, 2004 409 Views 0 comment Print

In order to remove any difficulties in the application or interpretation of these regulations, the Board may issue clarifications and guidelines in the form of circulars or notes.

SEBI : Risk containment measures, position limits and broad eligibility criteria of Stocks and Index on which futures and options could be introduced.

July 16, 2004 850 Views 0 comment Print

. At the end of each day during which the ban on fresh positions is in force for any scrip, the Exchange shall test whether any member or client has increased his existing positions or has created a new position in that scrip.

SEBI : Trading by FIIs in Exchange Traded Equity Index Derivative Contracts

July 16, 2004 520 Views 0 comment Print

RBI vide circular A.P.(DIR Series) Circular No.13, dated September 1, 2003 has specified that Foreign Institutional Investors (FIIs) may trade in all exchange traded derivative contracts approved by SEBI from time to time subject to the limits prescribed by SEBI.

SEBI : Establishment of connectivity with both NSDL and CDSL- Shifting from Trade for Trade Segment (TFTS) to Normal Rolling Segment (NRS)

July 16, 2004 514 Views 0 comment Print

The Stock Exchanges may shift these companies from TFTS to NRS provided there are no other specific grounds for continuation of the trading in these scrips in TFTS.

SEBI (Interest Liability Regularisation) Scheme, 2004

July 15, 2004 460 Views 0 comment Print

The Board has followed up vigorously to obtain turnover data in respect of all brokers, past and present, for the relevant years in order to enable it to assess registration fee liability of the stock brokers.

Policy Circular No. 40 (RE-2003)/2002-2007, Dated: 14/07/2004

July 14, 2004 580 Views 0 comment Print

Policy Circular No. 40 clarifies the classification of Hexane under Chapter 29 of the ITC (HS) Export and Import Items list, 2002-2007.

SEBI : Printing of Grievances Redressal Mechanism on Delivery Instruction Form Book

July 14, 2004 349 Views 0 comment Print

Therefore you should know whom you should turn to get your grievance redressed. SEBI takes up grievances related to issue and transfer of securities and non-payment of dividend with listed Companies.

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