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Archive: December, 2023

Posts in December, 2023

IFSCA Draft Guidelines: Assets, Liabilities & Solvency for Financial Services Centers

December 21, 2023 1014 Views 0 comment Print

Explore the proposed guidelines by IFSCA for assets, liabilities, and solvency in financial services centers. Share your views and suggestions. Deadline: January 10, 2024.

RBI Seeks Input on Draft Omnibus Framework for SRO Recognition

December 21, 2023 771 Views 0 comment Print

Explore the Reserve Bank of India’s draft framework for recognizing Self-Regulatory Organizations (SROs). Provide feedback by January 25, 2024, to shape the final framework.

Clarity on Minimum Value Addition for Spices in FTP 2023

December 21, 2023 1077 Views 0 comment Print

Get the latest update from DGFT on minimum value addition for spices under FTP 2023. Learn about Para 4.09 (v) and its implications for exporters and importers.

Customs Exchange Rates effective from 22nd December, 2023

December 21, 2023 3108 Views 0 comment Print

Stay informed with Customs Notification 93/2023. Updated exchange rates for foreign currencies, impacting imports and exports. Effective from 22nd December 2023.

Govt Extends Concessional Import Duties on Masur Dal until March 31, 2025

December 21, 2023 897 Views 0 comment Print

Govt extends the existing concessional import duties on Masur Dal up to and inclusive of the 31st March, 2025. The same was earlier extended upto 31st March, 2024 vide notification No. 65/2022-Customs, dated the 29th December, 2022.

ESG: A way to combating Greenwashing and build a more ethical portfolio

December 21, 2023 1038 Views 0 comment Print

Explore the significance of ESG in investments, its impact on sustainable finance, and strategies to combat greenwashing. Learn the key challenges and opportunities for ethical portfolios.

M/s Modipon Limited vs SEBI: Landmark Ruling on ‘Promoter Group’ Definition

December 21, 2023 2595 Views 0 comment Print

Explore the key aspects of the M/s Modipon Limited v. SEBI case, a landmark ruling that redefined the interpretation of ‘promoter group’ in Indian securities regulations, emphasizing clarity and fairness.

IBBI Suspends IP for conducting auctions in an improper manner

December 21, 2023 672 Views 0 comment Print

DC finds that Mr. Nirav Anupam Tarkas has conducted the auctions in an improper manner in CD-1 by inviting bids for already sold vehicles and reducing the reserve price beyond permissible prescribed limits. With regard to the CD-2 and CD-3, the DC finds that Mr. Nirav Anupam Tarkas failed to perform his duties as per […]

RBI tightens norms for lenders investing in Alternate Investment Funds (AIFs)

December 21, 2023 1011 Views 0 comment Print

Explore RBI’s latest circular tightening norms for lenders investing in Alternative Investment Funds (AIFs). Learn about restrictions, liquidation mandates, and capital fund deductions.

IBBI Circular: Insolvency Professionals’ Declarations – Form C Clarification

December 21, 2023 1155 Views 0 comment Print

Explore IBBI’s latest circular clarifying the submission of declarations by insolvency professionals in Form C for initiating insolvency resolution processes. Key details for creditors and professionals.

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