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Board reports not on proper letterhead of Company- MCA imposes Penalty

July 4, 2023 30909 Views 0 comment Print

Ministry of Corporate Affairs imposes a penalty on Tanu Mercantile for not using proper company letterhead as per Companies Act, 2013. A comprehensive breakdown of case, implications, and penalty imposed.

SEBI (Issue & Listing of Non-Convertible Securities) (Second Amendment) Regulations, 2023

July 3, 2023 5583 Views 0 comment Print

Stay updated with the latest amendments to the Securities and Exchange Board of India (SEBI) regulations for Issue and Listing of Non-Convertible Securities. Learn about the changes introduced through the Second Amendment Regulations 2023. Read the full notification for more details.

IP Suspended by IBBI for Non-Submission & Lack of Cooperation

July 3, 2023 1239 Views 0 comment Print

Read the analysis and conclusion of the contraventions found in the case of Mr. Rohit Vora, including non-submission of required forms and lack of cooperation with investigating authorities. As a result, his registration has been suspended for one year. Learn more about the implications of this order and the actions taken.

CBIC Chairman’s Weekly Update: GST Anniversary and Customs Operations

July 3, 2023 984 Views 0 comment Print

Read the latest update from Vivek Johri, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), covering the 6th anniversary of GST, customs administration meetings, anti-smuggling operations, trade promotion efforts, and officer empanelment. Stay informed about the significant developments in taxation and customs enforcement.

Quota allocation procedure for Broken Rice Export: DGFT Trade Notice No. 13/2023

July 3, 2023 951 Views 0 comment Print

Learn about revised procedure for allocation of quota for export of broken rice on humanitarian and food security grounds. Find out extended application submission deadline for export licenses to Senegal, Gambia, and Indonesia. Non-compliance consequences and relevant provisions are also highlighted in this DGFT trade notice.

SEBI Repeals Ombudsman Regulations 2003

July 3, 2023 1494 Views 0 comment Print

Read about latest notification by SEBI regarding repeal of SEBI (Ombudsman) Regulations, 2003 via SEBI (Ombudsman) (Repeal) Regulations, 2023. Learn about impact of the repeal and implications for previous operations, rights, and legal proceedings.

Import Policy Relaxed for Areca Nut Imports from Bhutan via LCS Chamurchi

July 3, 2023 2784 Views 0 comment Print

Ministry of Commerce and Industry has issued a notification amending the import policy for Areca nuts under ITC(HS) code 08028010. The revised policy allows the import of 17,000 Metric Tonnes of Fresh(green) Areca nuts without a Minimum Import Price (MIP) condition from Bhutan through LCS Chamurchi (INCHMB). Stay updated with the latest import policy changes.

Import of Potatoes from Bhutan Allowed without License until June 2024

July 3, 2023 693 Views 0 comment Print

DGFT issued a notification amending import policy for Potatoes under ITC(HS) code 07019000. The revised policy allows import of Potatoes from Bhutan without any license until June 2024. Stay updated with latest import policy changes.

SEBI (Credit Rating Agencies) (Amendment) Regulations, 2023

July 3, 2023 5454 Views 0 comment Print

Gain insights into SEBI (Credit Rating Agencies) (Amendment) Regulations, 2023 for ESG rating providers. This analysis explores the applicability, registration process, categories, conditions, code of conduct, and more, ensuring transparency and reliability in ESG ratings.

IFSCA (Capital Market Intermediaries) (Amendment) Regulations, 2023

July 3, 2023 1071 Views 0 comment Print

The International Financial Services Centres Authority (IFSCA) has issued a notification announcing the introduction of the International Financial Services Centres Authority (Capital Market Intermediaries) (Amendment) Regulations for the year 2023. These amendments aim to bring important changes to the regulations governing capital market intermediaries operating within the international financial services centres. In this article, we […]

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