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Solvency certificate of surety for issuance of duplicate certificates (KVP/NSC) – Reg.

July 22, 2021 8088 Views 0 comment Print

SB Order No. 22/2021 F. No. FS-61/5/2020-FS Government of India Ministry of Communications Department of Posts (F.S. Division) Dak Bhawan, New Delhi-110001 Dated:- 22 /07/2021   All Head o1 Circles/Regions Subject:- Amendment in rule 43(2)(vi) of POSB Manual Volume II regarding. Sir/Madam, This office is receiving various representations from the depositors that they are facing […]

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Third Amendment) Regulations, 2021

July 22, 2021 984 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Third Amendment) Regulations, 2021.

New Income Tax E-Filing Portal – 90 unique problems received

July 21, 2021 15753 Views 20 comments Print

Suggestions in respect of the glitches on the New Income Tax portal were invited online. More than 700 emails detailing over 2000 issues including 90 unique issues/problems in the portal were received from various stakeholders including ICAL tax professionals and tax payers. Moreover, multiple interactions have been held with the representatives from ICAI and tax professionals.

Sunset Review investigation on imports of ‘Barium Carbonate’

July 20, 2021 963 Views 0 comment Print

Case No. (AD SSR) 27/2020 Sunset Review investigation concerning imports of ‘Barium Carbonate’ originating in or exported from China PR

IBBI amends IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

July 20, 2021 552 Views 0 comment Print

Insolvency and Bankruptcy Board of India No. IBBI/PR/2021/15 20th July, 2021 Press Release Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for […]

Filing of Form CIRP 8 under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

July 20, 2021 7401 Views 0 comment Print

CIRP Regulations requires the resolution professional to file Form CIRP 8 intimating details of his opinion and determination under regulation 35A, by 140th day of the insolvency commencement date.

Master Direction – RBI CRR and SLR Directions 2021

July 20, 2021 11961 Views 0 comment Print

(a) These Directions shall be called the Reserve Bank of India Directions, – 2021 on Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). (b) These Directions shall come into effect on the day these are placed on the official website of the Reserve Bank of India.

SEBI framework for segregation & monitoring of collateral at client level

July 20, 2021 7524 Views 0 comment Print

With a view to providing visibility of client-wise collateral (for each client) at all levels, viz., TM, CM and Clearing Corporation (CC), a reporting mechanism, covering both cash and non-cash collateral, shall be specified by the CCs. Details in respect of the same are as under:

SEBI relaxes regulatory requirements by Debenture Trustees

July 20, 2021 690 Views 0 comment Print

SEBI extends the timelines for Debenture Trustees for compliance with the following regulatory requirements of the SEBI circular dated November 12, 2020 for the quarter/ half year/ year ending March 31, 2021

IFSCA Guidelines for issuance of Certificate of Deposits

July 20, 2021 915 Views 0 comment Print

International Financial Services Centres Authority F.No.110/IFSCA/Banking Regulation/2021-22/5 July 20, 2021 To All IFSC Banking Units (IBUs / BUs) Dear Sir/Madam, Subject: Guidelines for issuance of Certificate of Deposits Certificate of Deposit (CD) is a negotiable instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a BU for a […]

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