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Circulars

Quote DIN on all communication with tax payers- Kerala GST

August 4, 2020 2367 Views 0 comment Print

Generation and quoting of Document Identification Number (DIN) on any communication issued by the officers of the State Goods and Services Tax Department to tax payers and other concerned persons- reg.

Grievance Resolution between listed entities & proxy advisers

August 4, 2020 675 Views 0 comment Print

Proxy advisors, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate governance decisions and thus, furthering the achievement of the above objectives. Proxy advisors provide advice to institutional investors / shareholders of a listed entity, in relation to exercise of their rights in the company including voting recommendation on agenda items.

Issuance of Electronic Insurance Policies

August 4, 2020 1317 Views 1 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:IRDAI /Life/Cir/Misc/207/08/2020 Date:04-08-2020 To All Life Insurers Re: Issuance of Electronic Policies This has reference to the provisions of Regulation 4 of IRDAI (Issuance of e-Insurance policies) Regulations,2016. In the wake of emerging situation of Covid19 Global Pandemic and taking into account (i) and (ii) below, i) […]

IRDAI: Relaxation from Submission of Hard Copy of Regulatory Returns 

August 4, 2020 789 Views 0 comment Print

On examining the request, the Competent Authority has allowed Life insurers to upload the Regulatory Returns through BAP module without physical filing and submit a soft copy through email to Mr. S.N Jayasimhan, GM at email id snjayasimhan@irdai.gov.in , for returns up to 31st March 2021.

Procedural Guidelines for Proxy Advisors

August 3, 2020 897 Views 1 comment Print

Proxy Advisors shall formulate the voting recommendation policies and disclose the updated voting recommendation policies to its clients. Proxy Advisors shall ensure that the policies should be reviewed at least once annually. The voting recommendation policies shall also disclose the circumstances when not to provide a voting recommendation.

Issuance of Digital Surveyor and Loss Assessor Licenses

August 3, 2020 888 Views 0 comment Print

IRDAI surveyor department will issue the digitally signed license through BAP and the digitally signed SLA Licenses will be sent to the registered E-Mail ID of applicants.

Reg. Dispatch of notice by listed companies for rights issue

August 3, 2020 1275 Views 0 comment Print

In case of listed companies, which comply with relevant circulars issued by SEBI, inability to dispatch the relevant notice to shareholders through registered post or speed post or courier would not be viewed as violation of section 62(2) of the Act for rights issues opening upto 31st December, 2020.

Collection & Reporting of Margins by TM/CM in Cash Segment

July 31, 2020 1275 Views 0 comment Print

If TM / CM collects minimum 20% upfront margin in lieu of VaR and ELM from the client, then penalty for short-collection / non-collection of margin shall not be applicable. However, it is reiterated that Clearing Corporation shall continue to collect the upfront margin from the TM / CM based on VaR and 2.2 The penalty provision for short-collection / non-collection of upfront margin in cash segment shall be implemented with effect from September 01, 2020.

Use of digital signature certifications for authentication / certification of filings / submissions made to Stock Exchanges

July 31, 2020 1416 Views 0 comment Print

SEBI has received a representation from the Institute of Company Secretaries of India (ICSI) stating that due to the COVID -19 pandemic and precautionary measures for its curtailment, Company Secretaries continue to face operational challenges in carrying out certification and authentication of documents in physical form.

Clarification on applicability of regulation 40(1) of SEBI (LODR) Regulations, 2015

July 31, 2020 2910 Views 0 comment Print

SEBI has received representations from investors expressing concerns that they have not been able to participate in open offers, buybacks and delisting of securities of listed entities since the securities held by them were not in dematerialized form.

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