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Circulars

FAQ’s- Disclosure of holding of specified securities and Holding of specified securities in dematerialized form

June 30, 2022 5340 Views 0 comment Print

National Stock Exchange of India Circular Ref. No.: NSE/CML/2022/31 | Date: June 30, 2022 The Company Secretary All Listed Companies Subject: FAQ’s – Disclosure of holding of specified securities and Holding of specified securities in dematerialized form Dear Sir/ Madam, This is in furtherance to the circular number SEBI/HO/CFD/PoD-1/P/CIR/2022/92 dated June 30, 2022 in relation […]

IRDAI Repeals 19 Old circulars

June 29, 2022 1470 Views 0 comment Print

In light of the regulatory framework already in force, the 19 IRDAI circulars / guidelines attached to this circular stands repealed.

Last date for filing of LLP Form 11 without additional fee extended

June 29, 2022 21594 Views 0 comment Print

In continuation of MCA General Circular no. 04/2022 dated 27.5.2022 on the captioned subject, it has been decided to further extend the timeline and allow LLPs to file e-Form 11 (Annual Return) for the Financial Year 2021-2022 without paying additional fees up to 15th July, 2022.

Refund of security deposit to Broker Dealers on surrender of membership

June 28, 2022 2526 Views 1 comment Print

On approval of application for surrender of Broker Dealer’s registration by IFSCA, the Stock Exchange shall release Security Deposit of the Broker Dealer (engaged in trading on behalf of clients) after twelve months from the date of approval of surrender application by IFSCA.

Adjustment in derivative contracts for dividend announcements

June 28, 2022 933 Views 0 comment Print

Based on the recommendations of SMAC, it has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market value of underlying stock.

Section 194S TDS on transactions other than those taking place on or through an Exchange

June 28, 2022 67593 Views 0 comment Print

CBDT Order under section 119 of the Income-tax Act, 1961 (the Act) in relation to tax deduction at source under section 194S of the Act for transactions other than those taking place on or through an Exchange

Committees at Market Infrastructure Institutions (MIIs) in IFSC

June 28, 2022 684 Views 0 comment Print

The MII shall ensure that on every Committee, except IGRC, the number of Public Interest Directors (PIDs) shall not be less than the total of number of Shareholder Directors, Key Management Personnel (KMPs), independent external persons, etc. put together, wherever Shareholder Directors, KMPs, independent external persons, etc. are part of the concerned Committee.

DGFT clarifies on Chip Import Monitoring System (CHIMS)

June 27, 2022 6930 Views 2 comments Print

A. Whether multiple consignments against a CHIMS registration can be imported within the validity period of CHIMS Registration? Response: Importer may include multiple products in one registration number. However, for each shipment a separate registration number is required.

SEBI extends timeline for Validation of KYC records by Registered Intermediaries

June 24, 2022 1431 Views 0 comment Print

2.1. KYC records of all existing clients (who have used Aadhaar as an OVD) shall be validated within a period of 180 days from August 01, 2022. 2.2. The validation of all KYC records (new and existing) shall commence from August 01, 2022.

Guidelines for Large Value Fund for Accredited Investors & Requirement of Compliance Officer for Managers of all AIFs

June 24, 2022 1551 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/AFD/RAC/CIR/2022/088 | Dated: June 24, 2022 To, All Alternative Investment Funds (AIFs) Sir/ Madam, Sub: Guidelines for Large Value Fund for Accredited Investors under SEBI (Alternative Investment Funds) Regulations, 2012 and Requirement of Compliance Officer for Managers of all AIFs A. Guidelines for Large Value Fund for Accredited Investors […]

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