Circular No. CFD/DIL/DIP/35/2009/20/04 – ith the opening of a Western Regional Office at Ahmedabad, the allocation of regions for processing of draft offer documents for public/ rights issues, stands modified. 2. Accordingly, in exercise of the powers conferred under sub-section (1) of Section 11 of the Securities and Exchange Board of India Act, 1992, it has been decided to amend Schedule XXII of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 (hereinafter referred to as “the SEBI (DIP) Guidelines”) vide this circular, as indicated in Annexure I.3. Merchant Bankers are therefore advised to file the draft offer documents of size up to Rs. 50 crores, of the companies whose registered office falls in Gujarat and Rajasthan, with the regional office of SEBI in Ahmedabad, at the following address:
Whereas, in the matter of import of Soda Ash falling under sub-heading 2836 20 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) from the People”s Republic of China, the Director General (Safeguard), in preliminary findings published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 30th January, 2009, vide number G.S.R. 62 (E), dated the 30th January, 2009, had come to the conclusion that increased imports of Soda Ash into India from the People”s Republic of China had caused and threatened to cause market disruption to domestic industry of Soda Ash and it necessitates the imposition of provisional safeguard duty on imports of Soda Ash into India from People”s Republic of China
The Department of Food & Public Distribution, Ministry of Consumer Affairs, Food & Public Distribution, have intimated that the Central Government w.e.f. 1.1.2001 had been regulating the export of sugar through export release order mechanism issued by the Directorate of Sugar. In view of the excess production of sugar in 2006-07 and 2007-08 sugar seasons and also to facilitate expeditious export of sugar. The requirement of obtaining release orders from the Directorate of Sugar for export of sugar was dispersed with vide Notification No. S.O.4310-(E) dated 31.7.2007 upto 30.09.2008 which was subsequently extended vide Notification No. S.O 2709 (E) dated 21.11.2008 upto 31.12.2008 or till further orders in respect of exports under OGL and till further orders in cases of exports under advance authorization schemes.
In order to file electronic returns, the dealers are required to enroll themselves for the e services offered by the Department. It is noticed that some of the dealers have approached sales tax department with their difficulties regarding e enrollment or e filing of returns. The difficulties encountered by these dealers have been given due consideration.
The Institute of Chartered Accountants of India (ICAI) is all set to launch its Risk Management Committee by mid-May, this year. The committee will work with state governments and corporates in putting up a risk management structure in these entities. The institute has been working in this regard since November, last year. “Around 70 per cent […]
Holding global auditors Price Waterhouse guilty of wrongdoings in the multi-crore Satyam scam, the Serious Fraud Investigation Office has informed the government that the bookkeepers were involved in falsification of accounts of the IT firm. Detailing the role of Price Waterhouse partners in the scam involving thousands of crores of rupees, the probing arm of the Corporate Affairs Ministry has concluded after a three month long investigation that the auditors kept silent despite knowing about the failure of the IT firm’s audit system in 2007.
Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the year 2009-10. The new form has been comprehensively revised to make it user friendly and ensure that members do not face any problem in submitting the form. Apart from making form simple and user friendly members may note […]
The Andheri police on Friday arrested a ch a r t e re d accountant (CA) for cheating a leading private bank of Rs 12.15 lakh. The accused, Bipin Thakkar, fraudulently obtained eight credit cards from HDFC Bank and used them to withdraw the money. The police are now on the lookout for Thakkar’s accomplice, […]
NSDL has hiked the fees for E-Filing of TDS, TCS & AIR Return & TAN application. Revise fees structure is as follows:-
Applying for a loan? Check if you’ve paid your telephone bill or insurance premium first. Soon, your loan proposals will not depend only on your credit card and debt payment record with banks but also on whether you’ve paid your phone bill, insurance premium and stock broker dues on time.The Reserve Bank of India on […]
