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Circulars

SEBI : Uniform Documentary Requirements for trading

August 26, 2004 850 Views 0 comment Print

Stock Exchanges are directed to implement the above requirements, except as laid down in para 2.3 with immediate effect. Requirement relating to tripartite agreement between broker-sub broker and clients of sub broker as stated under para 2.3 will come into effect from December 01, 2004.

SEBI : Global Trust Bank Ltd

August 25, 2004 511 Views 0 comment Print

in light of the above, the depositories shall also freeze the ISIN of GTB after the specified record date i.e w.e.f September 1, 2004. This would be necessary to ensure that no further transfers take place in the GTB scrip, including off market transactions, after the specified record date.

SEBI : Amendments to SEBI (Buy Back of Securities) Regulations, 1998 and consequent changes in draft format of standard letter of offer

August 25, 2004 367 Views 0 comment Print

This circular is being issued in exercise of powers conferred by Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 8 and Schedule III of the SEBI (Buy Back of Securities) Regulations, 1998.

Drawal of Samples of Raw Silk Imported from China by 100% EOU/SEZ

August 24, 2004 625 Views 0 comment Print

Representations have been received from the trade that EOUs are facing difficulties because of this practice as drawal of sample is being insisted by the department for every import consignment of silk by EOUs from China. The matter has been examined by the Board. Board’s Circular 39/2003- Cus was issued to deter unscrupulous importers who misdeclare the grade of silk in order to circumvent anti-dumping duty leviable.

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

August 24, 2004 487 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 544 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 1006 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 610 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 352 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 352 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.

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