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RBI issues Guidelines for Appointment of Statutory Auditors

April 27, 2021 17556 Views 0 comment Print

Issue of Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs Reserve Bank of Indiaand NBFCs (including Housing Finance Companies)

SEBI Policy on Provisional Credit Rating Rating for Debt Instruments

April 27, 2021 954 Views 0 comment Print

All Provisional Ratings (‘long term’ or ‘short term’) for debt instruments shall be prefixed as ‘Provisional’ before the rating symbol in all communications viz. rating letter, press release / rating rationale, etc.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021

April 27, 2021 552 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, 27th April, 2021 No. IBBI/2021-22/GN/REG074.—In exercise of the powers conferred by sections 196, 203 and 205 read with section 240 of the Insolvency and Bankruptcy Code, 2016 […]

IBBI (Insolvency Professionals) (Amendment) Regulations, 2021

April 27, 2021 813 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

Contactless Customs Processing during COVID-19 pandemic

April 27, 2021 855 Views 0 comment Print

it is decided that the requests relating to various items of work shall be received only through online by way of email to the concerned Deputy Commissioner / Assistant Commissioner along with a copy to the Additional Commissioner / Joint Commissioner, who will be the Nodal Officer.

RBI Guidelines for Appointment of Statutory Auditors – FAQs

April 27, 2021 2877 Views 0 comment Print

As per Para 6.4, whether the time gap of one year between any non-audit works by the SCAs/SAs for the Entities or any audit/non-audit works for its Group Entities has to be ensured for all the Entities in the Group or the RBI Regulated Entities in the Group?

IRDAI fines IFFCO Tokio General Insurance Company Ltd

April 27, 2021 1254 Views 0 comment Print

Penalty amount of Rs. 5 lakh shall be remitted by IFFCO Tokio General Insurance Company Ltd by debiting the shareholders’ account within a period of forty five days from the date of receipt of this order through NEFT/RTGS.

Definitive Anti-dumping duty on imports of Toluene Di-isocyanate

April 27, 2021 1155 Views 0 comment Print

Seeks to impose definitive anti-dumping duty on imports of Toluene Di-isocyanate (TDI) having isomer content in the ratio of 80:20, originating in or exported from European Union, Saudi Arabia, Chinese Taipei and UAE, for a period of 5 years from the date of imposition of provisional ADD, i.e. 2nd Dec, 2020 vide Notification No. 28/2021-Customs […]

Notification No. 27/2021-Customs (ADD) Dated: 27.04.2021

April 27, 2021 2385 Views 0 comment Print

Seeks to rescind the notification No. 43/2020-Customs(ADD) dated the 2nd December, 2020 vide Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021 G.S.R. 298(E).—In exercise of the powers conferred by sub-sections (2) and (5) of section 9A of the Customs […]

Anti-dumping duty on import of 1-phenyl-3-methyl-5-Pyrazolone

April 27, 2021 1131 Views 1 comment Print

Seeks to impose definitive anti-dumping duty on import of 1-phenyl-3-methyl-5-Pyrazolone originating in or exported from China PR for a period of 5 years from the date of imposition of provisional ADD, i.e. 9th June, 2020 vide Notification No. 26/2021-Customs (ADD) Dated: 27th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 26/2021-Customs […]

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