Consultation paper on easing business initiatives for Portfolio Managers
The consultation paper by SEBI underscores the regulator’s commitment to fostering a conducive environment for Portfolio Managers. By soliciting public feedback, SEBI aims to ensure that regulatory reforms align with industry needs while promoting transparency and efficiency in the financial sector. It’s a step towards a more robust and business-friendly regulatory framework, ultimately benefiting both investors and market participants alike.
Investors are urged to conduct due diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary
Investors are urged to conduct due diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary.
Report on Framework for Use of Mediation under the Insolvency and Bankruptcy Code, 2016
The report recommend a mediation
framework for use in various processes under the Code.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
After the receipt of resolution plans in accordance with the Code and these regulations, the resolution professional shall provide the fair value, the liquidation value and valuation reports to every member of the committee in electronic form, on receiving an undertaking from the member to the effect that such member shall maintain confidentiality of the fair value, the liquidation value and valuation reports and shall not use the information contained in the valuation reports to cause an undue gain or undue loss to itself or any other person.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
The amended regulations are effective from 15th February, 2024.
DGFT declares Mundra Port and ICD Garhi Harsaru for import of new Vehicles
Mundra Port and ICD Garhi Harsaru are added to the existing list of 16 ports/lCDs through which import of new vehicles is permitted.
Revised policy conditions for exports of all wild animals, animal articles including their products and derivatives
Live exotic birds are not permitted to be Exported subject to exceptions. Exports if allowed shall be subject to pre- shipment inspection and CITES certificate.
MCA deploys Change Request Form (CRF) on MCA-21
This web- based Form is to be used only under exceptional circumstances, for making a request to Registrar of Companies (RoCs), for the purposes which cannot be catered through any existing form or services or functionality available either at Front Office level (users of MCA-21 services) or Back Office level (RoCs). The Form should be processed by RoCs within 03 days of its filing, after which it should be forwarded to Joint Director (e-governance cell), who shall process and decide the matter within a maximum time of 07 days.
Companies (Registration Offices and Fees) Amendment Rules, 2024
The Registrar of the Central Processing Center shall examine or cause to be examined every application or e-Form or document required or authorized to be filed or delivered as provided under sub-rule (3), for approval, registration or taking on record by the Registrar.
MCA announces that all the incorporation related services can also be accessed through the National Single Window System (NSWS)
The National Single Window System (NSWS) can be accessed through the following link: https://www.nsws.gov.in/
