SEBI Clarifies Applicability of Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to Related Party Transactions.
In order to facilitate listed entities to align their processes to conduct AGMs and obtain omnibus shareholders’ approval for material RPTs, it has been decided to specify that the shareholders’ approval of omnibus RPTs approved in an AGM shall be valid upto the date of the next AGM for a period not exceeding fifteen months.
SEBI notifies SOP for dispute resolution available under the stock exchange arbitration mechanism.
In respect of disputes in matters where Registrar and Share Transfer Agents (RTA) are offering services to shareholders on behalf of listed companies, the RTAs must continue to be subjected to the stock exchange arbitration mechanism.
UGC directs all higher educational institutions to ensure compliance of UGC (Grant of Degrees and Other Awards by Universities) Regulations, 2008.
The Degree award date/s shall be within 180 days of the date/s by which the students are expected to qualify and become eligible for them.
RBI to operationalise Standing Deposit facility (SDF) with effect from 8th April 2022.
Under the SDF, the eligible entities can place deposits with the RBI on an overnight basis. The RBI, however, retains the flexibility to absorb liquidity for longer tenors under the SDF with appropriate pricing, as and when the need arises.
RBI issues statement on Developmental and Regulatory Policies.
To encourage card-less cash withdrawal facility across all banks and all ATM networks / operators, it is proposed to enable customer authorisation through the use of Unified Payments Interface (UPI) while settlement of such transactions would happen through the ATM networks.
Master Circular to Urban Co-operative Banks on Management of Advances
CICs are directed to formulate appropriate policies with the approval of their Boards to share the credit information relating to SHGs or SHG members, on an aggregate basis with the Government agencies, NABARD, banks and MFIs for the purpose of credit planning and research.
FSSAI directs strict action against FBOs mixing Mustard oil with other edible oil
Authorities shall carry out enforcement and surveillance drives periodically at manufacturing and marketing levels.
