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SEBI reduces face value for debt securities & non-convertible redeemable preference shares

October 28, 2022 3798 Views 0 comment Print

Face value of listed debt security and non-convertible redeemable preference share issued on private placement basis traded on a stock exchange or OTC basis shall be Rs. One lakh.

SOP under SEBI (PIT) Regulations, 2015 for compliance with SDD

October 28, 2022 20109 Views 0 comment Print

SOP, FAQS & SDD compliance certificate under SEBI (PIT) Regulations, 2015 for ensuring compliance with Structured Digital Database (SDD)

IFSCA (AML/CFT and KYC) Guidelines, 2022

October 28, 2022 9255 Views 0 comment Print

International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 i.e. IFSCA (AML/CFT and KYC) Guidelines, 2022. INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 28th October, 2022 IFSCA/2022-23/GN/GL001.—International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022 TABLE OF CONTENTS Sl. No. […]

CBDT extends due date for filing of TDS statement in Form 26Q for Q2

October 27, 2022 39705 Views 0 comment Print

CBDT extends due date for filing of TDS statement in Form 26Q for the second quarter of Financial Year 2022-23  This is to inform that Central Board of Direct Taxes (CBDT) has extended the due date of filing of form 26Q for the second quarter of financial year 2022-23 from 31st October’2022 to 30th November’2022 […]

Block Mechanism in demat account of clients undertaking sale transactions – Clarification

October 27, 2022 1983 Views 0 comment Print

SEBI introduced block mechanism in demat account of clients undertaking sale transactions, for ease of operations in Early Pay-in mechanism.

Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2022

October 27, 2022 1902 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2022.

Effect of disciplinary proceedings on benefits from accumulated pension corpus under NPS

October 27, 2022 972 Views 0 comment Print

Provisions relating to effect of disciplinary proceedings on the benefits from accumulated pension corpus under National Pension System and gratuity in respect to Central Government employees covered under NPS.

e-CoO issued electronically is a valid to claim preferential benefit under India-UAE CEPA

October 27, 2022 1323 Views 0 comment Print

e-CoO, issued electronically by the Issuing Authority of UAE, is a valid document for the purpose of claiming preferential benefit under India-UAE CEPA, provided that the e-CoO has been issued in the prescribed format, bears electronically printed seal and signatures of the authorized signatory of the Issuing Authority

Penalty imposed for default in compliance with requirements of Section 161 under Companies Act 2013

October 27, 2022 1971 Views 0 comment Print

Registrar of Companies in his order of adjudication has stated that the Company has appointed Mr. Sachin Bansal as the Managing Director and CEO of the Company (KMP) vide its Board Resolution dated 27.02.2020 for a period of five years from 06.03.2020. However, by inadvertence, the Board had omitted to Co opt him as Additional Director before appointing him as Managing Director.

Master Circular IRDA (Investment) Regulations, 2016

October 27, 2022 10443 Views 0 comment Print

The Insurer has to adhere to the Client level and Participant level position limits prescribed by SEBI and stock exchange while undertaking SLB. Insurer can only lend securities to the extent of not more than 10% quantity of those “scrips” of that particular fund(s). These prescribed limits shall be adhered at the time of lending

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