SEBI Circular on Public Issue of Equity Shares and convertibles
SEBI has decided to introduce the use of Unified Payments Interface (UPI) as a payment mechanism with Application Supported by Block Amount (ASBA) for applications in public issues by Retail Individual Investors (RIIs) through intermediaries (Syndicate members, Registered Stock Brokers, Registrar and Transfer agent and Depository Participants). A RII can submit bid-cum-application form with any of […]
Kerala Government brings ordinance to amend the Kerala Shop and Commercial Establishments Act
The Government of Kerala has through a notification dated October 4, 2018 issued the Kerala Shops and Commercial Establishments Amendment Ordinance, 2018 (“Ordinance”) which is to take effect immediately Key Highlights of the Ordinance Every person employed in a shop or commercial establishment will be allowed in each week a holiday of one whole day. […]
DGFT released SOP on application for export of restricted items
Directorate General of Foreign Trade (DGFT) issued Trade Notice 35/2018 on 25th October, 2018 which provides Standard Operating Procedure(SOP) for export of Restricted items under Foreign Trade Policy (FTP) / ITC(HS) Schedule 2 Export Policy 2018. It provides detailed procedure to file online application as well as offline application. Online Application: i ). Visit the Home page […]
