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Circulars

Policy Circular No. 44 (RE-2004)/2002-2007, Dated: 24.08.2004

August 24, 2004 274 Views 0 comment Print

A number of representations were being received from the various associations of marble manufacturers/processors for review of the import entitlement of rough marble blocks/slabs. This matter has been considered in detail and decided to allow 50% import of the rough marble blocks of the total imports of rough marble blocks / slabs made during the two years’ period (i.e. 1999-00 & 2000-01), when this item was under SIL.

SEBI : Time duration for transfer of funds and securities from member to client

August 24, 2004 343 Views 0 comment Print

. make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately.4.2. bring the provisions of this circular to the notice of the member brokers/clearing members of the Exchange and also to disseminate the same on the website.

SEBI : Proof of Identity (POI) and Proof of Address (POA) for opening a Beneficiary Owner (BO) Account for non-body corporates.

August 24, 2004 583 Views 0 comment Print

SEBI has been continuously stressing the importance of exercising utmost care and caution while opening a BO Account. In this regard, SEBI, vide circular No.SMDRP/Policy/Cir-36/2000 dated 4th August, 2000, prescribed the documents that may be accepted as POI and POA while opening a BO Account.

SEBI :Implementation of Securities Transaction Tax

August 23, 2004 280 Views 0 comment Print

This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

SEBI : (Central Database of Market Participants) Regulations, 2003

August 16, 2004 208 Views 0 comment Print

specified investors, specified intermediaries and their related persons, who are required to obtain a UIN under the said Regulations, may contact NSDL or any Point of Service (POS) mentioned in the Annexure for the purpose of making an application.

SEBI : Exemption of Depository Participants(DPs) from giving hard copies of transaction statements to Beneficiary Owners(BOs)

August 16, 2004 205 Views 0 comment Print

This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

Administrative control over ICDs/CFSs-reg

August 13, 2004 298 Views 0 comment Print

The matter has been examined by the Board. It is observed that the office of Commissioner of Customs, Mangalore is about 400 km away from Belgaum where the ICD is located. It has , therefore, been decided that in respect of Inland Container Depot at Desur, District Belgaum, notified vide Notification No.89/2004-Cus., dated 21.7.2004 under clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962.

Investors’ Education Protection Fund (IEPF)

August 10, 2004 808 Views 0 comment Print

In the said circular it was also clarified how, when and the date from which the unpaid and unclaimed dividend due for payment prior to and after the amendment of Section 205A and the enactment of Section 205 C by the Companies (Amendment) Act, 1999 should be transferred to IEPF.

SEBI : To All Stock Exchanges / NSDL / CDSL and RAIN

July 29, 2004 460 Views 0 comment Print

As you are aware, the Central Government has issued an Order of Moratorium in respect of Global Trust Bank Ltd (GTB) till October 23, 2004. In terms of the order of Moratorium, depositors of GTB will be permitted to withdraw up to Rs 10,000/- only from their accounts with the bank during the period of moratorium.

Clarification on the revocation of the DEPB rates suspended by Public Notice No 71 dated 12.07.2004

July 28, 2004 208 Views 0 comment Print

Attention is invited to Public Notice No 71 dated 12.07.2004 wherein the suspension of DEPB rates of notified products in the Engineering Product Group made vide Public Notice No 54 dated 28.02.2004 and amended by Public Notice No 56 dated 10.03.2004 was revoked.

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