Some of the investments made by mutual funds may become non-performing (NPAs) or illiquid at the time of maturity/closure of schemes. In due course of time, these NPAs and illiquid securities may be realised by the mutual funds .
Section 269 of the Companies Act, 1956 stipulates that no appointment of managing or whole-time director or a manager in a public company or a private company which a subsidiary of a public company shall be made except with the approval of the Central Government unless such appointment is made in accordance with the conditions specified in Parts I and II of Schedule XIII to the Companies Act.
Note 1 of paragraph 3.7.2 of the Exim Policy prescribes that units who export to countries in Latin America , Commonwealth of Independent States (CIS) and Sub Saharan Africa would be granted the status of an Export House provided they achieve an average FOB/ FOR value of Rs 5 crore during the preceding three licencing years.
The matter has been examined. Goods, namely, “Bentonite” in natural or crude form is classifiable under sub-heading 2508.10 whereas decolourising earth would be classifiable
I am directed to refer to Circular No.6/2002-Cus., dated 23.1.2002 on the above mentioned subject. In this connection, a number of references has been received from the trade, seeking clarification
These instructions may be brought to the notice of all concerned by way of issue Public Notices/Standing Orders. Difficulties, if any, in implementation of these instructions may be brought to the notice of the Board.
Please refer to circular no. D&CC/FITTC/CIR-05/2001 dated December 26, 2001 regarding the list of scrips, which shall trade under the normal rolling settlement mode of the stock exchanges.
The amendment of the Guidelines shall come into force with immediate effect The amended Guidelines are also available in SEBI website at www.sebi.gov.in. All concerned are advised to esure compliance of these requirements.
directed to forward herewith copies of the following three Notifications published in the Gazette of India (Extraordinary) for your information and necessary action.
directed to forward herewith copies of the following two Notifications published in the Gazette of India (Extraordinary) for your information and necessary action
