On expiry, following mechanism shall be adopted by Exchanges for exercise of the options contracts: All In the money (ITM) option contracts shall be exercised automatically, unless ‘contrary instruction’ has been given by long position holders of such contracts for not doing so.
provisions of the circulars / directions -listed in Annex I from those issued by the Reserve Bank of India (RBI) and adopted by IFSCA vide its circular F.No.110/IFSCA/Banking Regulation/2020-21/1 dated December 4,2020, shall cease to be applicable to the IBUs from the date of coming into effect of the directions in the Handbook i.e., January 1, 2022.
SEBI has received requests from AIF Industry to extend the aforesaid timeline for applicability of the modified reporting requirements. After consideration, it has been decided that in partial modification to para 5 of the aforesaid Circular, the modified reporting requirements shall be applicable for quarter ending September 30, 2022 onwards.
Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A for financial year ended on 31.03.2021
It has been observed that the insurance intermediaries maintain multiple current accounts with banks at different operational levels, i.e., Branch offices, Corporate office, etc., for regulatory and other purposes.
SEBI issued a Circular and notified Fine to be levied in case of non-compliance(s) by issuers of listed Non-Convertible Securities and/or Commercial Papers and Action to be taken in case of non-compliances by issuers of listed Non-Convertible Securities (NCS) and/or Commercial Papers (CP). Securities and Exchange Board of India CIRCULAR SEBI/HO/DDHS_Div2/P/CIR/2021/699 December 29, 2021 To, […]
CBDT provides One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns
Promoter henceforth shall submit the said three certificates to the schedule bank operating the separate account at the time of every withdrawal from the separate account irrespective whether such real estate project is a new project or an ongoing project till the occupancy certificate/completion certificate as the case may be, in respect of the said project is obtained and the copies thereof shall be submitted online by promoters to MahaRERA Authority.
The timeline for storing of CoF data is extended by six months, i.e., till June 30, 2022; post this, such data shall be purged; and in addition to tokenisation, industry stakeholders may devise alternate mechanism(s) to handle any use case (including recurring e-mandates, EMI option, etc.) or post-transaction activity (including chargeback handling, dispute resolution, reward / loyalty programme, etc.)
It has been represented by the stakeholders that considering the nascent stage of debt market at IFSC, the levy of fees for listing of privately placed debt securities may be deferred till development of the market at IFSC.
