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Notifications/Circulars

Investment adviser may provide implementation services to advisory clients but not for fees

August 5, 2021 2487 Views 0 comment Print

There is restriction under the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 for a registered IA to charge any implementation fees from its clients, at IA’s group or family level. Further, as per the Securities and Exchange Board of India (Investment Advisers) Regulations, 2013, the lAs cannot receive any consideration, by whatever […]

SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2021

August 5, 2021 4044 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2021.

CBIC Notifies Rate of Exchange of Foreign Currencies wef 06.08.2021

August 5, 2021 1209 Views 0 comment Print

  CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 6th August, 2021, vide Notification No. 65/2021 – Customs (N.T.) | Dated: 5th August, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi ***** Notification No.65/2021 – Customs (N.T.) | […]

MCA exempts foreign & companies incorporated outside India from provisions of sections 387 to 392

August 5, 2021 5454 Views 0 comment Print

Exemption from Chapter XXII: Companies Incorporated Outside India Central Government hereby exempts (a) foreign companies; (b) companies incorporated or to be incorporated outside India, whether the company has or has not established, or when formed may or may not establish, a place of business in India,, from the provisions of sections 387 to 392 (both […]

Companies (Registration of Foreign Companies) Amendment Rules, 2021

August 5, 2021 2967 Views 0 comment Print

MCA notifies Companies (Registration of Foreign Companies) Amendment Rules, 2021 vide Notification No. G.S.R. 538(E) dated 5th August, 2021. In Rule 2(1)(c) of the Companies (Registration of Foreign Companies) Rules, 2014, the following explanation is inserted: “Explanation– For the purposes of this clause, electronic based offering of securities, subscription thereof or listing of securities in the […]

Companies (Specification of definitions details) Third Amendment Rules, 2021

August 5, 2021 2430 Views 0 comment Print

Wlectronic based offering of securities, subscription thereof or listing of securities in the International Financial Services Centres set up under section 18 of the Special Economic Zones Act, 2005 (28 of 2005) shall not be construed as ‘electronic mode’ for the purpose of clause (42) of section 2 of the Act.

SEBI (Mutual Funds) (Second Amendment) Regulations, 2021

August 5, 2021 1248 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 5th August, 2021 SECURITIES AND EXCHANGE BOARD OF INDIA (MUTUAL FUNDS) (SECOND AMENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/36.—In exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of […]

The National Commission For Homoeopathy (Amendment) Bill, 2021

August 5, 2021 918 Views 0 comment Print

The National Commission for Homoeopathy was constituted on the 5th July, 2021 and on the same date, the Homoeopathy Central Council Act, 1973 was repealed and the Central Council of Homoeopathy was superseded. Though a decision was taken that subsequent to the repeal of the said Act, it is not appropriate to move a replacement […]

National Commission for Indian System of Medicine (Amendment) Bill, 2021

August 5, 2021 1332 Views 0 comment Print

The National Commission for Indian System of Medicine was constituted on the 11th June, 2021 and on the same date, the Indian Medicine Central Council Act, 1970 was repealed and the Central Council of Indian Medicine was superseded. Though a decision was taken that subsequent to the repeal of the said Act, it is not […]

Central Universities (Amendment) Bill, 2021

August 5, 2021 1839 Views 0 comment Print

Central Universities (Amendment) Bill, 2021 is introduced in lok Sabha on 05/08/2021. The Central Universities (Amendment) Bill, 2021 seeks to amend the Central Universities Act, 2009 inter alia to provide for the establishment of a University in the name of ‘Sindhu Central University’ in the Union territory of Ladakh. AS INTRODUCED IN LOK SABHA Bill […]

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