The allegations against CA Vivek Kapoor were that he was master-mind in a scam of providing accommodation entries to various concerns after charging commission ranging from 1% to 3%.
Consolidated Account Statement (CAS), issued to investors in accordance with Regulation 36(4) of SEBI (Mutual Funds) Regulations, 1996 and circulars thereof, at present provides information in terms of name of scheme!s where the investor has invested, number of units held and its market value, among other details. To increase transparency of information to investors, it has been decided that:
Whether granting of non-exclusive/ non-transferable right to use the system qualifies as transfer of right to use goods (consequently be outside the definition of service) when complete set of various machines/equipments were required to be installed & commissioned at site of customer and overall operation & maintenance processes shall be responsibility of customer?
The Real Estate (Regulation and Development) Bill, 2016 is finally passed by the Rajya Sabha on 10th March 2016 and is gifted to the nation by our Prime Minister, Shri Narendra Modi. How this bill will bring out cheers to our buyers? Is it doing some sort of disfavour to the Real Estate Sector? Will benefit […]
Sukanya Samridhi Account may be opened by the guardian in the name of a beneficiary who has not attained the age of ten years as on the date of opening of the Account:
The LODR Regulations serve to consolidate the provisions of the various listing agreements in operation for different segments of the capital markets, such as equity listings (Main Platform & SME), listing of debt instruments, preference shares, Indian depository receipts, securitized debt instruments, units of mutual fund and any other securities specified by SEBI time to time. Further, the Regulations have been structured to align the provision of Companies Act, 2013 with the provision of Listing Agreement.
Reserve Bank has granted general permission to foreign companies to establish Project Offices in India, provided they have secured a contract from an Indian company to execute a project in India, and i. the project is funded directly by inward remittance from abroad; or
