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Notifications/Circulars

SEBI releases Investor Charter – Public Issue of Debt Securities

November 26, 2021 828 Views 0 comment Print

With a view to provide investors relevant information about the various activities pertaining to primary market issuances in the debt market, an Investor Charter has been prepared by SEBI in consultation with Merchant Bankers.

SEBI: Grant of recognition to BASL as an Accreditation Agency

November 26, 2021 1209 Views 0 comment Print

Post examination of their application, BSE Administration and Supervision Limited (BASL), a wholly owned subsidiary of BSE Limited (BSE) has been granted recognition as an Accreditation Agency under Regulation 2(1) (aa) of SEBI (Alternative Investments Funds) Regulations, 2012

Broker dealers incorporated in IFSC permitted to access exchanges outside IFSC

November 25, 2021 2109 Views 0 comment Print

IFSCA decided that registered broker dealers incorporated in IFSC shall be permitted to access exchanges in jurisdictions outside IFSC, subject to compliance with Chapter V of the CMI Regulations and the conditions laid out in this circular No. F. No. 416/IFSCA/Global Access/2021-22 Dated: November 25, 2021. International Financial Services Centres Authority CIRCULAR F. No. 416/IFSCA/Global […]

CBIC notifies Rate of Exchange of Turkish Lira wef 26.11.2021

November 25, 2021 669 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 26th November, 2021 vide Notification No. 94/2021- Customs (N.T.) | Dated: 25th November, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 94/2021 – Customs (N.T.) New Delhi, dated the […]

Guideline on TDS/TCS under Section 194O, section 194Q & Section 206C

November 25, 2021 25827 Views 0 comment Print

Guidelines under sub-section (4) of section 194-0, sub-section (3) of section 194Q and sub­section (1-I) of section 206C of the Income-tax Act, 1961

No violation by IP if he appoints internal auditor for ensuring transparency

November 25, 2021 1989 Views 0 comment Print

The DC notes the submission of Mr. Garg as to the allegation of charging the fee of the independent auditors to CIRP cost that there was a complete mistrust between the allottees & the Corporate Debtor. To bridge that mistrust between the Corporate Debtor & the allottees and for ensuring disclosure and greater transparency in […]

ROC Imposes 1.5 Crore Penalty for Violation of section 42 of Companies Act, 2013

November 24, 2021 14988 Views 0 comment Print

As per the provisions of Sub-Section (10) of Section 42 of Companies Act, 2013, if a company makes an offer or accepts monies In contravention of this section, the company, its promoters and directors shall be liable for a penalty which may extend to the amount Involved In the offer or Invitation or two crore […]

Filing of list of creditors under IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

November 24, 2021 2130 Views 0 comment Print

IBBI issued the Circular No. IBBI/CIRP/36/2020 dated 27th November, 2020 directing the IP to file the list of creditors and modification thereof in the stipulated format on electronic platform viz. www.ibbi.gov.in.

CBIC Notifies Rate of Exchange of Foreign Currencies wef 25.11.2021

November 24, 2021 2052 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 25th November, 2021 vide Notification No. 93/2021- Customs (N.T.) | Dated: 24th November, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 93/2021 – Customs (N.T.) New Delhi, dated the […]

A person cannot register as valuer if serious criminal proceeding pending against him

November 24, 2021 1638 Views 0 comment Print

Pendency of the serious criminal proceeding against the applicant, as noted above, adversely impacts his reputation and makes him a person who is not ‘fit and proper’ to be eligible as a registered valuer. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central Government under section 458 of the Companies Act, 2013) ORDER […]

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