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Archive: 11 January 2016

Posts in 11 January 2016

Review of prudential limits on investments by Mutual Funds

January 11, 2016 1043 Views 0 comment Print

PR No. 10/2016 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: 1.  Review of prudential limits on investments by Mutual Funds The Board deliberated the proposals relating to review of prudential limits at issuer and sector level and the need to introduce such limits for group level exposure. […]

Mandatory requirements / Exit Policy for Commodity Derivatives Exchanges

January 11, 2016 1223 Views 0 comment Print

CIRCULAR No. CIR/CDMRD/DEA/01/2016 In terms of Finance Act, 2015, the associations recognized under the erstwhile Forward Contracts (Regulation) Act, 1952 as on 28th September, 2015 are deemed to be recognized stock exchanges under the Securities Contracts (Regulation) Act, 1956. This circular applies to all such commodity derivatives exchanges as defined in the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2015.

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations,2016

January 11, 2016 1010 Views 0 comment Print

No. SEBI/LAD-NRO/GN/2015-16/29.-In exercise of the powers conferred by section 31 of the Securities Contracts (Regulation) Act, 1956 read with sections 11 and 30 of the Securities and Exchange Board of India Act, 1992, the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, namely:—

Family Pension claim not acceptable if option to join scheme was not exercised

January 11, 2016 1336 Views 0 comment Print

The Hon’ble MP High court in the above stated case placing reliance on the decision of Hon’ble Supreme court in the case of Rajasthan State Road Transport Corporation vs. President, Rajasthan Roadways Union & Anr.

Mandatory requirements/Exit Policy for Commodity Derivatives Exchanges

January 11, 2016 274 Views 0 comment Print

The concerned commodity derivatives exchange shall set aside sufficient funds in order to provide for settlement of any claims, pertaining to pending arbitration cases, arbitration awards, not implemented

Notification No. 03/2016-Customs, dated- 11th of January, 2016

January 11, 2016 1132 Views 0 comment Print

Notification No.03/2016-Customs- Seeks to rescinding Notification No. 09/95-Customs dated 06.03.1995 – Exemption to specified goods when imported into India from the Union of Myanmar

Notification No. 03/2016-Customs (N.T.), dated 11th January, 2016

January 11, 2016 463 Views 0 comment Print

Notification No. 03/2016- Customs (N.T.) Regarding goods to which the provisions of that section shall apply when they are deposited in a warehouse- (1) aviation fuel, motor spirit, mineral turpentine, acetone, methanol, raw naptha, vaporizing oil, kerosene, high speed diesel oil, batching oil, diesel oil, furnace oil and ethylene dichloride, kept in tanks;

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