SEBI modifies the Investor Charter for stock brokers to enhance investor protection, transparency, and grievance redressal. New provisions effective immediately.
RBI invites public comments on draft circular regarding foreclosure charges and pre-payment penalties on loans. Stakeholders can submit feedback by March 21, 2025. Final circular issuance to follow public consultation.
RTI Act grants access to existing records only; public authorities need not provide opinions, clarifications, or policy recommendations, as emphasized by CIC and SC precedents.
RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of information. The authority found that inquiries regarding investigation status or actions taken by IBBI officials amounted to seeking opinions or advice, which falls outside the scope of the RTI Act.
IBBI suspends valuer Nitin Ashok Garg for six months due to valuation report discrepancies in East Coast Energy liquidation case.
IBBI suspends Sujit Shrikant Joglekar for six months due to valuation discrepancies in East Coast Energy liquidation.
Ammanamanchi Teja Swaroop withdrew its GST advance ruling application. The request was accepted without discussing the merits of the case.
MVR Constructions withdrew its GST advance ruling application under CGST & TGST Acts. The application was disposed of without addressing merits.
GMK Constructions withdrew its GST advance ruling application as related issues are pending before the High Court and appellate authorities.
Tulasi Industries withdrew its GST advance ruling request on ITC refunds under the inverted duty structure. The application was disposed of without a decision.
