Introduction: The Securities and Exchange Board of India (SEBI) has issued a circular (SEBI/HO/DDHS/DDHS-RAC-1/P/CIR/2023/178) on November 08, 2023, addressing the procedural framework for dealing with unclaimed amounts in Infrastructure Investment Trusts (InvITs). The circular outlines regulations and procedures for the transfer of unclaimed distributions, verification of claims, and the process involved in handling unclaimed amounts […]
Read SEBI’s latest circular on handling unclaimed amounts in Real Estate Investment Trusts (REITs). Learn the procedural framework, claim process, and more
Learn about SEBI’s procedural framework for unclaimed amounts in non-convertible securities, including the transfer to Escrow Accounts and Investor Education and Protection Fund
Understand how Changeability of Income Tax affects Family Investment Funds (Company/LLP) in the IFSCA Fund Management Regulations. Learn how the set up of a FIF in IFSC’s can help you invest globally with a closer to the ground Indian approach.
Breaking news: Western Carriers (India) Limited penalized ₹30.88 Lakh by MCA for employing the same person as KMP in multiple companies. Details on violations, penalties, and appeal process.
Government of Indias Ministry of Corporate Affairs penalizes Delta International Ltd with a Rs. 25 Lakh penalty for non-appointment of whole-time Company Secretary. Detailed analysis and consequences.
Demystifying Section 5 & 6 of Indian Competition Act 2002 – Understand how big business deals, mergers, and acquisitions protect consumers in India. Combination & regulations explained w/real-life examples.
Punjab and Haryana High Court ruled in Deepak Sales Corporation vs. Union of India that no interest or penalty is applicable when input tax credit is not utilized.
Delhi High Court upholds deletion of disallowance on expenses incurred during the pre-operative stage in the case of PCIT vs. Imperative Hospitality Pvt Ltd.
Delhi High Court sets aside Income Tax transfer orders for administrative convenience. Highlights the need for speaking orders with reasons and DIN compliance.
