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Guidelines

SEBI clarifies on disclosures related to `borrowing’ by Large Corporate listed entity

April 19, 2023 11469 Views 0 comment Print

Large Corporate shall be interpreted as a listed entity having at least one credit rating of AA and above for any of its unsupported bank borrowing or plain vanilla bonds

Government Crackdown on Illegal Betting Ads: Advisory Alert

April 6, 2023 282 Views 0 comment Print

Explore the latest advisory from the Ministry of Information & Broadcasting urging media entities to refrain from promoting illegal online betting platforms. Legal implications and potential actions disclosed.

SEBI cannot issue guideline on Securities of private companies

April 5, 2023 4437 Views 0 comment Print

In terms of Securities and Exchange Board of India (Informal Guidance) Scheme, 2003, informal guidance may be provided in respect of a specific provision of any Act, Rules, Regulations, Guidelines, Circulars or other legal provisions being administered by the SEBI. Since securities of private companies are not regulated by SEBI under the aforesaid legislative instruments, […]

Procedure for implementation of innovation in insurance programme through Regulatory Sandbox

March 31, 2023 660 Views 0 comment Print

An applicant desiring to promote or implement any innovation in insurance in India shall make an application to IRDAI in Form-RG-1 in any one or more of the categories given in Regulation 4 of IRDAI (Regulatory Sandbox) Regulations, 2019.

ICEGATE Advisory for Importers to avail benefit of IGCR Rules

March 25, 2023 11550 Views 1 comment Print

Complete step-by-step guide for user to declare an advance intimation of goods to be imported, access continuity bond management module, file monthly return statements.

Generation of IGCR Intimation Number at ICEGATE under IGCR Rules

March 24, 2023 3513 Views 0 comment Print

Directorate General of Systems and Data Management CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS Dept. of Revenue, Ministry of Finance, Government of India Advisory No: 04/2023 Date: 24th March, 2023 Category: IGCR, Imports Issued by: DGoS, ICES Subject – Generation of IGCR Intimation Number (i.e. IIN) at ICEGATE under IGCR Rules for the Financial Year […]

Per client minimum investment amount requirement not apply to AI

March 23, 2023 1131 Views 0 comment Print

As per the second proviso to Regulation 23 (2) of the portfolio management (PM) Regulations, subject to appropriate disclosures in the disclosure document and the terms agreed between the client and the Portfolio Manager, the requirement of minimum investment amount per client shall not apply for an Accredited Investor (AI). Al can make investment through […]

SEBI clarifies on computation of minimum net worth

March 14, 2023 7035 Views 0 comment Print

Definition of term `networth’ in SEBI (Issue and listing of Non-convertible securities) Regulations, 2021 is linked to one provided by Companies Act, 2013. Section 2(57) of Companies Act 2013, provides for calculation of networth.

Guidelines on Statutory Branch Audit of Public Sector Banks

March 6, 2023 74394 Views 2 comments Print

Source- Unconfirmed and based on File Received from Social Media Revised RBI Guidelines for Appointment / Re-appointment of Statutory Branch Auditors of Public Sector Banks and Norms on Business Coverage under Statutory Branch Audit of Public Sector Banks for the year ending March 31, 2023. Reserve Bank of India Ref. DoS.CO.ARG/S8213/08.91.001/2022-23 March 06, 2023 The Chairman/Managing […]

Automatic drop proceedings of Suo moto cancellation of GST Registration

February 24, 2023 17253 Views 0 comment Print

GSTN has implemented a new functionality of automation of drop proceeding of suo motu cancellation of registration where the registration was suspended by GSTN for non-filing of returns through REG-17.

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