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Circulars

Clarification on applicability of LODR regulation to Related Party Transactions

March 30, 2022 4029 Views 0 comment Print

For an RPT that has been approved by the audit committee and shareholders prior to April 1, 2022, there shall be no requirement to seek fresh approval from the shareholders.

Non linking of PAN with Aadhaar | Rule 114AAA | Inoperative PAN – Clarification

March 30, 2022 29229 Views 5 comments Print

in case of failure to intimate the Aadhaar Number by the last extended notified date i.e. 31.03.2022, the PAN allotted to the person shall be made inoperative in accordance with provisions of Income Tax Act.

Timelines for Rebalancing of Portfolios of Mutual Fund Schemes

March 30, 2022 2334 Views 0 comment Print

n the event of deviation from mandated asset allocation mentioned in the Scheme Information Document (SID) due to passive breaches (occurrence of instances not arising out of omission and commission of AMCs), rebalancing period across schemes shall be as follows:

SEBI Operational guidelines for ‘Security & Covenant Monitoring’ using DLT

March 29, 2022 2718 Views 0 comment Print

As the backbone of the DLT system would be uniqueness of assets recorded in the DLT system, a system generated unique identifier (Asset ID) shall be allotted for each asset offered by Issuer as security for the non-convertible securities.

Issuance of orders of provisional GST attachment and restoration thereof on BO System

March 29, 2022 1872 Views 0 comment Print

It is hereby instructed that from 01st April, 2022 the provisional attachment orders in DRC-22 and restoration order in DRC-23 shall be only be issued on BO system.

Extension of timelines for sale & renewal of short term Covid specific health insurance policies

March 28, 2022 927 Views 1 comment Print

Corona Kavach Policies offered as per Guidelines on Covid Standard Indemnity based Health Policy and Corona Rakshak Policies offered as per Guidelines on Covid Standard benefit based Health Policy are permitted to be offered and renewed by all insurers up to 30.09.2022.

Modified version for filing Online Complaints under MahaRera

March 28, 2022 1635 Views 0 comment Print

Modified version for filing Online Complaints under MahaRera, shall now ask the complainants while creating a new registration for Complainant Name, Complainant Middle Name, Complainant Last Name, Complainant Mobile Number and Complainant Email ID in addition to such other details.

Calculation of investment concentration norm for Category III AIFs

March 28, 2022 1539 Views 0 comment Print

Existing Category III AIFs may opt for calculating investment concentration norm based on investable funds with the approval of their trustees or board of directors or designated partners, as the case may be, and inform the same to their investors within 30 days from the date of the issuance of this circular.

Product specifications pertaining to Electronic Gold Receipts

March 28, 2022 471 Views 0 comment Print

The framework, inter-alia, states that the entire transaction in EGR segment has been divided into three tranches. In tranche 1, physical gold will be converted into EGR; in tranche 2, EGR shall be traded on stock exchanges; and in tranche 3 – EGR can be converted into physical gold.

Special Bank Clearing operations on March 31, 2022

March 28, 2022 1698 Views 0 comment Print

Further, to facilitate accounting of all the Government transactions for the current financial year (2021-22) by March 31, 2022, it has been decided to conduct Special Clearing exclusively for Government Cheques across the three CTS grids on March 31, 2022

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