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Guidelines

SEBI reply on query related to Ratification of existing & Prospective material related party transactions

December 16, 2021 2088 Views 0 comment Print

All material related party transactions shall require approval of the shareholders through resolution and no related party shall vote to approve such resolutions whether the entity is a related party to the particular transaction or not

Govt issued advisory to States in view of new Covid variant Omicron

November 27, 2021 1908 Views 0 comment Print

As a proactive step, Government has already placed countries where this VoC has been found in the category of ‘At-Risk’ countries for additional follow up measures of international travelers coming into India from these countries.

SEBI registered IA cannot provide services of creating & rebalancing stacks

November 12, 2021 1452 Views 0 comment Print

It is stated that on the basis of submissions made by SVC, the proposed services by SVC, i.e., creating and rebalancing stacks for a US Company which provides an online platform for customers, including Indian Customers, to purchase and invest in foreign securities, and receiving compensation for the same in the form of commission or […]

Guidelines for disallowing debit of electronic credit ledger under Rule 86A

November 2, 2021 16845 Views 0 comment Print

CBIC issued Guidelines for disallowing debit of electronic credit ledger under Rule 86A of the CGST Rules, 2017. It explains Grounds for disallowing debit of an amount from electronic credit ledger, Proper authority for the purpose of Rule 86A, Procedure for disallowing debit of electronic credit ledger/blocking credit under Rule 86(A) and Allowing debit of […]

Salient features of SEBI NCS Regulations, 2021

November 2, 2021 10833 Views 0 comment Print

SEBI NCS Regulations, 2021 has made in-principle approval of the Stock Exchange(s) mandatory for listing of non-convertible securities, whether issues under public issue or on private placement basis. [Regulation 6]

Reg. Multiple requests made for change in CFS for particular bill of lading /consignments

October 20, 2021 621 Views 0 comment Print

It is hereby instructed to all concerned that in cases of multiple requests made for change in CFS for particular bill of lading /consignments, the latest request for change of CFS shall be taken as final request.

Guidelines for Re-Opening of Schools in Mumbai

September 30, 2021 3132 Views 0 comment Print

Guidelines (SOP) for safely starting Schools with Classes 8th to 12th in the Greater Mumbai Municipal Corporation area for the academic year 2021-2022

Exercise of control not relevant for Classification From Promoter To Public Group: SEBI

September 22, 2021 1038 Views 0 comment Print

Board of directors of the Company has received Letters from a constituent of promoters and promoter Group in the matter of Re-classification of their shareholding from Promoter category to Public Category. Stock exchanges shall permit reclassification of status of a promoter to public only upon compliance with the procedural requirements laid down under regulations 31A […]

Procedure for handling Faceless Assessment transferred to Jurisdictional AO

September 6, 2021 21876 Views 0 comment Print

Procedure for handling of assessment by Jurisdictional Assessing Officers in respect of assessments/penalties transferred out of Faceless Assessment u/s 144B(8) of the Income-tax Act,1961/Faceless Penalty Scheme, 2021 respectively. F. No.225/97/2021 /ITA-II | Dated: 6th September, 2021 F. No.225/97/2021 /ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, […]

IRDAI Guidelines: Quick Insurance Claims Process for Maharashtra Flood Victims

August 6, 2021 1020 Views 0 comment Print

Read IRDAI’s guidelines urging General Insurance Companies to expedite claims for July 2021 floods in Maharashtra. Steps, contacts, and awareness highlighted for efficient claim settlement.

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