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Archive: 25 January 2023

Posts in 25 January 2023

RBI discussion Paper on Securitisation of Stressed Assets Framework

January 25, 2023 942 Views 0 comment Print

Discussion Paper on Securitisation of Stressed Assets Framework (SSAF) broadly covers nine relevant areas of the framework including asset universe, asset eligibility, minimum risk retention, regulatory framework for special purpose entity and resolution manager, access to finance for resolution manager, capital treatment, due diligence, credit enhancement, and valuation.

ADD on Phthalic Anhydrid import from China, Indonesia, Korea RP & Thailand Reg.

January 25, 2023 1002 Views 0 comment Print

Phthalic Anhydride‘ originating in, or exported from China PR, Indonesia, Korea RP and Thailand, falling under tariff item 2917 35 00 of the First Schedule to Customs Tariff Act, 1975

IBBI warns IP & directed to  strictly comply with applicable provisions & Regulations of IBC 

January 25, 2023 630 Views 0 comment Print

IBBI disposes of the SCN cautioning IP, Mr. Rajagurusami Maheswaran to be more careful in future and directs him to strictly comply with applicable provisions of IBC Code and its underlying Regulations while performing his duties.

SEBI underlines need for analysis & disclosure of risks of trading in F&O

January 25, 2023 717 Views 1 comment Print

There has been a significant increase of over 500% in the number of individual traders in the equity F&O segment in FY 2021-22, as compared to FY 2018-19. 98% of individual traders in the equity F&O segment traded in options during FY 2021-22.

SOP under SEBI (PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database

January 25, 2023 4875 Views 0 comment Print

The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are applicable, the Secretarial Auditor of those entities shall also specifically confirm compliance with the requirement of SDD by the listed entities in its Annual Secretarial Audit Report. Listed companies are advised to bring to the knowledge of their Secretarial Auditor the above requirement.

Presidential Award of Appreciation Certificates & Medals announced to CBIC officers on Republic Day, 2023

January 25, 2023 1713 Views 0 comment Print

Presidential Award of Appreciation Certificates and Medals announced on the occasion of Republic Day, 2023 vide Notification No. 06/2023-Customs (N.T.)  Dated:  25 January, 2023 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS NEW DELHI 5 MAGHA, 1944 SAKA Notification No. 06/2023-Customs (N.T.) | Dated: 25 January, 2023 […]

Corporate Espionage – A Strategic Move or A Crime?

January 25, 2023 3942 Views 1 comment Print

Dive into the realm of Corporate Espionage—a strategic move or a crime? Uncover the unethical theft of business trade secrets, its impact on industries, and the evolving landscape of economic espionage. Explore the need for legislation in India, potential reforms, and the role of regulations like SEBI (Prohibition of Insider Trading) in curbing such practices. Stay informed and vigilant in the corporate world.

ASM Audit & Its Importance in Clean Credit Culture

January 25, 2023 32955 Views 2 comments Print

Appointment of Agencies for specialized monitoring (ASM) was one of major key reforms under EASE 3.0 Agenda Smart, Tech-enabled banking for aspiring India

Foreign Exchange Fluctuation Gain not changeable to tax: ITAT Mumbai

January 25, 2023 10647 Views 1 comment Print

Explore the latest ITAT Mumbai ruling on Foreign Exchange Fluctuation Gain, affirming that gains arising from the repayment of personal loans in foreign currencies are capital receipts and not taxable. Delve into the case analysis, judgment, and its implications for taxpayers. Stay informed on tax nuances and legal insights.

Whether breach of settlement agreement can trigger CIRP?

January 25, 2023 5136 Views 0 comment Print

Corporate Insolvency Resolution Process (CIRP) is a legal process that is triggered when a company is unable to pay its debts as and when they fall due.

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