These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2022.
Addl Director General of Foreign trade sets aside fiscal penalty of ten crores levied on the assessee and also considers bill of export in substitution to the certificate issued by the special economic zone pertaining to EPCG scheme. Summary: An appeal was filed under section 15 of Foreign Trade (Development and Regulation) Act, 1992 before […]
Securities and Exchange Board of India Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2022/120 | Dated: September 19, 2022 To All Recognized Stock Exchanges All Recognized Depositories All Merchant Bankers and Brokers registered with SEBI All Social Enterprises All Social Impact Fund registered with SEBI All Social Audit Firms/ Institute of Chartered Accounts of India Dear Sir / Madam, Sub: Framework on […]
Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DoP/P/CIR/2022/119 | Dated: September 19, 2022 To, All Depositories All recognized Stock Exchanges and Clearing Corporations Madam / Sir, Sub: Validation of Instructions for Pay-In of Securities from Client demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations 1. In order to protect […]
As part of the overall structure for Corporate Governance, the Compliance Function serves a critical role. Therefore, it has been decided to introduce certain principles, standards and procedures for Compliance Function in UCBs, keeping in view the principles of proportionality
On the anti-smuggling side, last week saw the Directorate of Revenue Intelligence (DRI) interdict a consignment declared as ‘Floor Clean Mops’. Examination revealed more than 200,000 e-cigarettes, valued in excess of Rs. 48 Crore, concealed in container.
The withdrawal requests of Subscribers at the time of exit were hitherto executed on T+4 working/settlement days (T being the day of authorization of withdrawal request by Nodal office/PoP/Subscriber) and the timeline has been reduced to T+2.
International Financial Services Centres Authority Circular F. No. 722/IFSCA/Banking/2022-23/1 | Dated: September 19, 2022 To, All IFSC Banking Units Madam / Sir, Sub: Reporting of Transactions for India’s External Account Statistics 1. The Balance of Payment (BOP) and International Investment Position (IIP) Manual – Sixth Edition (BPM6) of the International Monetary Fund (IMF) provides a statistical framework […]
NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.
Office Order No. 204 of 2022, Dated: 19.09.2022 transfer/postings of 155 officers in the grade of Principal Commissioner of Income Tax/ Principal Director of Income Tax (Pr. CIT/Pr. DIT). F.No.A.22011/4/2022-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Office Order No. 204 of […]
