2 Archive - 25 January 2022

"25 January 2022" Archive

Issuance of Securities in dematerialized form in case of Investor Service  Requests

Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 25/01/2022

As an on-going measure to enhance ease of dealing in securities markets by investors, it has been decided that listed companies shall henceforth issue the securities in dematerialized form only (vide Gazette Notification no. SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022) while processing the following service request....

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Merger of PMC bank with Unity Small Finance Bank ltd Approved

Notification No. G.S.R. 45(E) 25/01/2022

(1) This Scheme may be called the Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022. (2) It shall come into force on 25th day of January, 2022....

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Insolvency Resolution Process cannot continue against Personal Guarantor after his Demise

Alchemist Asset Reconstructions Company Vs Deepak Puri (NCLT Delhi)

Alchemist Asset Reconstructions Company Vs Deepak Puri (NCLT Delhi) We have considered the report and the provision of law as projected by the Ld. Counsel for the RP, we concur with the reasoning given by the RP that the Personal Guarantor in this case is an individual, who stood guarantee to the Corporate Debtor and […]...

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Posted Under: SEBI | |

Setting up of CRU at central location, and CRU Email address for each Commissionerate of Mumbai Customs Zone-II

Public Notice No. 06/2022-JNCH 25/01/2022

Correspondence or dak in physical form may be delivered by Post, Courier, special messenger, or officers from other formations themselves. The correspondence may be received from the trade (importers, exporters), trade bodies, stakeholders such as Customs Brokers, shipping lines, custodians, from other Commissionerates, Directorates of th...

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Notification No. 11/2022-Income Tax [S.O. 345(E)], Dated: 25.01.2022

Notification No. 11/2022-Income Tax [S.O. 345(E).] 25/01/2022

The earnings of the assessee shall be credited either to the account of the Government of Abu Dhabi or to any other account designated by that Government so that no portion of the earnings inures to any private person barring any payment made to creditors or depositors for loan or borrowing [as defined in sub-clause (a) of clause (ii) of ...

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Food Safety and Standards (Packaging) First Amendment Regulations, 2022

Notification No. F.No. Std/SP-08/A-1.2019/N-01 25/01/2022

(1) These regulations may be called the Food Safety and Standards (Packaging) First Amendment Regulations, 2022. (2) They shall come into force on the date of their publication in the official Gazette....

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Guideline for Enhancement of Competitiveness in Indian Capital Goods Sector

Notification No. 16/1/2017-HE & MT 25/01/2022

The objective of Phase II of the ―Scheme for Enhancement of Competitiveness of the Capital Goods Sector‖ is to expand and enlarge the impact created by Phase I pilot scheme, thereby providing greater impetus through creation of a strong and globally competitive capital goods sector that contributes at least 25% to the manufacturing se...

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SEBI (Mutual Funds) (Amendment) Regulations, 2022

Notification No. SEBI/LAD-NRO/GN/2022/70 25/01/2022

1. These Regulations may be called the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette:...

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ICAI Guidance Note on Division II – Ind AS Schedule III to Companies Act 2013

The Government is bringing out several changes in the Companies Act, 2013 from time to time to enhance transparency by way of mandating additional disclosures. Towards the same, the Ministry for Corporate Affairs has issued a Notification dated 11.10.2018 wherein amendments have been brought in to the Schedule III to the Companies Act, 20...

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Posted Under: SEBI |

CCI imposes penalty on maritime transport companies for cartelisation

CCI imposes penalty on maritime transport companies for indulging in cartelisation The Competition Commission of India (‘CCI’) passed a final order against four maritime transport companies namely Nippon Yusen Kabushiki Kaisha (‘NYK Line’), Kawasaki Kisen Kaisha Ltd. (‘K-Line’), Mitsui O.S.K. Lines Ltd. (‘MOL’) and Nissan...

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Posted Under: SEBI |

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