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Notifications/Circulars

NBFCs can pool gold jewellery from different branches for Auction

January 21, 2020 828 Views 0 comment Print

On a review, it has been decided that NBFCs can pool gold jewellery from different branches in a district and auction it at any location within the district, subject to meeting the following conditions:

Deposit of unclaimed dividends and / or undistributed proceeds of voluntary liquidation process

January 20, 2020 1299 Views 0 comment Print

Deposit of unclaimed dividends and / or undistributed proceeds of voluntary liquidation process in accordance with regulation 39 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.

Certain provisions of penalty under SEBI Act w.e.f. 20th Jan 2020

January 20, 2020 6084 Views 0 comment Print

Central Government hereby appoints the 20th day of January, 2020, as the date on which the provisions of Part III and sections 183, 184 and 185 of Part IX of Chapter VI of Finance (No. 2) Act, 2019 shall come into force

Introduction of Rupee derivatives at IFSC

January 20, 2020 1449 Views 0 comment Print

RBI allows Rupee derivatives (with settlement in foreign currency) to be traded in International Financial Services Centres (IFSCs), starting with Exchange Traded Currency Derivatives (ETCD).

Reg. Detention of vehicles pertained to Parcel/ Transporting / Courier Agencies having GST registration

January 19, 2020 2001 Views 0 comment Print

Section 129 mandates joint and several liability on the Consignee, Consignor, Transporter and the Person in Charge of the Vehicle to carry the requisite documents as per the GST Act. Sub-section (1) of Section 129 provides that all such goods and conveyance used as a means of transport for carrying the goods, while they are in transit, in contravention of the provisions of the Act or Rules made thereunder, is liable for detention and seizure.

Rajasthan Investment Promotion Scheme- 2019

January 17, 2020 15363 Views 0 comment Print

RAJASTHAN INVESTMENT PROMOTION SCHEME – 2019- In order to generate employment opportunities and promote rapid, sustainable and balanced economic growth in the State of Rajasthan

Mention specific HS Codes at 8 digit level if exist in Bill of entry

January 17, 2020 2517 Views 0 comment Print

It is advised that All importers should file their Bills of Entry with specific codes available for the imported items under ITC(HS), 2017, Schedule — I (Import Policy) at 8 digit level, and to avoid as far as possible ‘Others’ category.

Guidelines for rights issue of units by a listed InvIT

January 17, 2020 2262 Views 0 comment Print

Regulation 2(1)(zw) of Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations), defines a rights issue as an offer of units by a listed InvIT to the unitholders of the InvIT as on the record date fixed for the said purpose. This circular details the guidelines in respect of a rights […]

Guidelines for rights issue of units by a listed REIT

January 17, 2020 1338 Views 0 comment Print

Regulation 2(1)(zq) of Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 (REIT Regulations), defines a rights issue as an offer of units by a listed REIT to the unitholders of the REIT as on the record date fixed for the said purpose. This circular details the guidelines in respect of a […]

Statement of Deviation in use of proceeds of issue of listed NCDs or NCRPs

January 17, 2020 2856 Views 0 comment Print

SEBI notifies Format for Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities (NCDs) or listed non-convertible redeemable preference shares (NCRPs) alongwith its salient features. Securities and Exchange Board of India Circular No. SEBI/HO/DDHS/08/2020 Dated: January 17, 2020 To All entities whose debt securities are listed All […]

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