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Archive: March, 2022

Posts in March, 2022

HC explains provisions under which insurance company can file appeal against award passed by MACT

March 28, 2022 6879 Views 0 comment Print

insurance company can file appeal against award passed by the MACT only on the grounds mentioned in the provisions of Section 96(2) of the Motor Vehicles Act, 1988. Now the only manner of avoiding liability provided for in Sub-section (2) is by successfully raising any of the defences therein mentioned. It comes then to this that the insurer cannot avoid his liability except by establishing such defences.

SEBI (Buy Back of Securities) Regulations, 2018 For CS Executive

March 28, 2022 32757 Views 0 comment Print

‘Buy-back’ means the purchase of its own shares or other specified securities by a company. A buy-back represent a more flexible way of returning surplus cash to its shareholders as it is governed by a process laid down by law.

Modified version for filing Online Complaints under MahaRera

March 28, 2022 1575 Views 0 comment Print

Modified version for filing Online Complaints under MahaRera, shall now ask the complainants while creating a new registration for Complainant Name, Complainant Middle Name, Complainant Last Name, Complainant Mobile Number and Complainant Email ID in addition to such other details.

Calculation of investment concentration norm for Category III AIFs

March 28, 2022 1443 Views 0 comment Print

Existing Category III AIFs may opt for calculating investment concentration norm based on investable funds with the approval of their trustees or board of directors or designated partners, as the case may be, and inform the same to their investors within 30 days from the date of the issuance of this circular.

Product specifications pertaining to Electronic Gold Receipts

March 28, 2022 390 Views 0 comment Print

The framework, inter-alia, states that the entire transaction in EGR segment has been divided into three tranches. In tranche 1, physical gold will be converted into EGR; in tranche 2, EGR shall be traded on stock exchanges; and in tranche 3 – EGR can be converted into physical gold.

SARFAESI Act can be applied even in respect of loan agreements entered into before it was brought into force

March 28, 2022 3897 Views 0 comment Print

Poorti Rent a Car and Logistics Pvt. Ltd. Vs Kotak Mahindra Bank Ltd. (Bombay High Court) Provisions of the SARFAESI Act can be applied even in respect of loan agreements entered into before such enactment was brought into force, we see nothing in any law to hold that the provisions thereof can never be resorted […]

Special Bank Clearing operations on March 31, 2022

March 28, 2022 1686 Views 0 comment Print

Further, to facilitate accounting of all the Government transactions for the current financial year (2021-22) by March 31, 2022, it has been decided to conduct Special Clearing exclusively for Government Cheques across the three CTS grids on March 31, 2022

Atal Pension Yojana

March 28, 2022 6984 Views 1 comment Print

Atal Pension Yojana, launched on 9th May 2015, is a Government of India pension scheme. The Atal Pension Yojana, basically, focuses on the unorganized sector workers. The Yojana encourages and enables the applicant to save for their retirement. Notably, the Atal Pension Yojana is administered by the Pension Fund Regulatory and Development Authority via NPS […]

Constitution (Scheduled Castes and Scheduled Tribes) Orders (Second Amendment) Bill, 2022

March 28, 2022 3339 Views 0 comment Print

Constitution (Scheduled Castes and Scheduled Tribes) Orders (Second Amendment) Bill, 2022 seeks to amend the Constitution (Scheduled Castes) Order, 1950 and the Constitution (Scheduled Tribes) (Uttar Pradesh) Order, 1967, by mending the lists of Scheduled Castes and Scheduled Tribes in respect of the State of Uttar Pradesh.

E-Aadhaar Card – 8 Things you must know

March 27, 2022 2790 Views 0 comment Print

Q.1 How to validate digital signatures in e-Aadhaar? Ans. Computer must be connected to internet while validating digital signature. Right click on the ‘validity unknown’ icon and click on ‘Validate Signature’ You will get the signature validation status window, click on ‘Signature Properties’. Click on ‘Show Certificate.’ Verify that there is a certification path named […]

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