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Circulars

RBI reduces reverse repo rate by 25 basis points to 3.75 per cent

April 17, 2020 342 Views 0 comment Print

As announced in Governor’s Statement today, it has been decided to reduce the interest rate on fixed rate reverse repo under the Liquidity Adjustment Facility (LAF) by 25 basis points from 4.00 per cent to 3.75 per cent with immediate effect.

SEBI relaxes time lines for compliance by trading/clearing members

April 16, 2020 1644 Views 0 comment Print

It has been decided to extend the due date for the following regulatory filings and compliance requirements by their trading members / clearing members:

SEBI Further relaxes time periods due to Lockdown Extension

April 16, 2020 1527 Views 0 comment Print

SEBI vide Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/62 dated 16th April, 2020, has provided Relaxation in time period for certain activities carried out by depository participants, RTAs / issuers, KRAs, stock brokers. Text of the Circular is as follows:- Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/62 Dated: April 16 , 2020 To, 1. Stock Brokers through […]

Nedical insurance for workers to be made mandatory – MHA

April 16, 2020 10437 Views 2 comments Print

ii. As per clause no. 5 of Annexure – II of the said SOP for social distancing for offices, workplace, factories and establishments, medical insurance for the workers to be made mandatory.

No change in FPI investment Limit for G-secs & SDLs for FY 2020-21

April 15, 2020 801 Views 0 comment Print

The limits for FPI investment in Government securities (G-secs) and State Development Loans (SDLs) shall remain unchanged at 6% and 2%, respectively, of outstanding stocks of securities for FY 2020-21.

Motor Third Party renewal insurance premium allowed to be made till 15.05.2015

April 15, 2020 660 Views 0 comment Print

Central Government issues Notifications allowing  Motor (Third Party) insurance policyholders to make premium payments till May 15th which are due for renewal during COVID19 lockdown. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 15th April, 2020 S.O. 1258 (E).—In exercise of powers conferred by sub-sections (1) and (5) of section 64VB of the […]

Extension of Submission Date of Share Capital Audit Report for Q4 of 2019-20

April 14, 2020 2769 Views 2 comments Print

Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020 till 31st May, 2020 BSE vide Circular no. LIST/COMP/1/2020-21 dated 14.04.2020 informed listed companies on Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19 which was provided by SEBI Ciruclar No.SEBI/HO/MIRSD/RTAMB/CIR/P/2020/59 Dated April 13, 2020.  […]

Lockdown Extension- SEBI relaxation to get extended by Equal No. of days

April 13, 2020 4974 Views 0 comment Print

In the event of further extension in the lock down period as directed by Government of India / State Governments, additional relaxation in prescribed timelines for equal number of extended days in lock down is also being given to intermediaries / market participants.

e-Communication of Gatepass & OoC Copy of BoE to Custom Brokers/Importers

April 13, 2020 11091 Views 0 comment Print

The Final eOoC copy of BoE and eGatepass copy will be emailed to the concerned Customs Broker and/or importer, if registered, once the Out of Charge is granted. The eGatepass copy will be used by the Gate Officer or the Custodian to allow physical exit of the imported goods from the Customs area.

MCA further clarifies on passing of ordinary & special resolutions- COVID-19

April 13, 2020 18090 Views 0 comment Print

Further Clarification vide General Circular No 17/2020 on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-19

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