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Archive: 14 August 2015

Posts in 14 August 2015

SEBI (Delisting of Equity Shares) (Second Amendment) Regulations, 2015

August 14, 2015 581 Views 0 comment Print

In exercise of the powers conferred by section 31 read with section 21A of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), section 30, sub-section (1) of section 11 and sub-section (2) of section 11A of the Securities and Exchange Board of India Act, 1992 (15 of 1992),the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2015

August 14, 2015 757 Views 0 comment Print

No. SEBI/LAD-NRO/GN/2015-16/011. Dated- 14.08.2015 – In exercise of the powers conferred by sub-section (1) of section 30 read with sub-section (1) of section 11, clause (ba) and clause (c) of sub-section (2) of section 11 and sub-section (1) and (1B) of section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012,

In respect of Non-rural advances both provision and bad debts actually written off are allowable simultaneously

August 14, 2015 1003 Views 0 comment Print

The ITAT Hyderabad in the case of State Bank of Hyderabad vs. DCIT held that the proviso to section 36(1)(vii) applies to bad debts written off relating to rural advances, the same cannot be applied for disallowing deduction claimed on account of write off of bad and doubtful debts relating to non-rural/urban advances.

SEBI (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2015

August 14, 2015 517 Views 0 comment Print

No. SEBI/LAD-NRO/GN/2015-16/012. Dated- 14.08.2015 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, namely:-

SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2015

August 14, 2015 5032 Views 0 comment Print

Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2015 106W. (1) The provisions of this chapter shall apply to entities which seek listing of their specified securities exclusively on the institutional trading platform either pursuant to a public issue or otherwise.

Section 11A mandatory for recovering refund granted pursuant to the order which subsequently declared as unsustainable – HC

August 14, 2015 448 Views 0 comment Print

In the case of The CC&CE V/s M/s. Panyam Cements & Minerals Industries Ltd., Kurnool, it was held by Andhra Pradesh High Court that invoking Section 11A is mandatory for recovering the refund granted pursuant to the adjudication order passed under section 11B which subsequently declared as unsustainable

Preparation Strategy for CA Final Law. .!!

August 14, 2015 109321 Views 18 comments Print

During my interaction with many students of CA Final and their questions are how to prepare for Corporate and Allied law, I come across difficulties faced by them. More particularly, what to read, how to read, what are important topics and what kind of language should be used while writing paper.

Types Nuisance and Its Remedies

August 14, 2015 43436 Views 1 comment Print

We are living in modern world, where some degree of nuisance are tolerable relating to noise, dust, pollution, smell, smoke and escape of effluents etc. We are daily facing various types of nuisance and we ignore to some extent. Nuisance may come from your neighbours, your locality, and your state or even from various other authorities.

Value of Cleanliness in Life

August 14, 2015 9893 Views 0 comment Print

To many people in the modern world, Cleanliness means an outdated concept of duty. They feel the efforts and time spent on cleaning could be used for making money and enjoying the life. It’s an unimportant task that can be got done by paying a paltry sum.

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