SEBI Consultation Paper on the proposal to review Qualified Institutional Buyer status of Alternative Investment Funds, Venture Capital Funds and Foreign Venture Capital Investors discusses the proposal to review the Qualified Institutional Buyer (QIB) status of Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs), and Foreign Venture Capital Investors (FVCIs) registered under various regulations of […]
SEBI released a consultation paper seeking public comments on enhancing the investor grievance handling mechanism. The proposal aims to strengthen the process by integrating the SEBI Complaint Redressal System (SCORES) with recently approved online dispute resolution (ODR) mechanism
The Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing measures to enable direct participation by clients/participants in the tri-party repo segment for corporate bonds. The objective is to enhance liquidity in the corporate bond market and develop an active repo market. The proposal seeks to allow entities such as bodies […]
ITAT Guwahati held that submission of documents proved the identity of the creditors, however, genuineness of the transactions is not proved. Matter set aside for fresh consideration.
ITAT Jaipur held that there cannot be a second round of penalty for same defaults. Accordingly, penalty imposed u/s 271(1)(b) of Income Tax Act for second time is unsustainable.
Stay informed about E-Way Bill offences and penalties in Tamil Nadu under the GST Act. Understand the various sections, rules, and compliance nuances to ensure a smooth movement of goods.
