Category: Corporate Laws (Company Law, SEBI & FEMA)

It may be recalled that the Securities and Exchange Board of India (SEBI) had previously issued a Circular called “Common and simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, …

Read More "NSE publicises certain Norms issued by SEBI"

Listed entities are requested to ensure that the intimation regarding any corporate action is separately intimated to the Exchange. A separate tab for Corporate Actions is available on the NEAPS Portal. Thus, all intimation regarding …

Read More "NSE clarifies on the Path of filing of disclosures related to Corporate Action on NEAPS Portal"

SEBI may consider grant of certificate to an applicant, notwithstanding that another entity in the same group has been previously granted registration by SEBI

All intermediaries who send bulk SMS may be sensitized about the guidelines.

The Master Circular now defines “Politically Exposed Persons (PEPs)” and assigns them the meaning as per the Prevention of Money Laundering (Maintenance of Records) Rules, 2005. Further, the present Circular directs the insurers to take …

Read More "IRDAI amends Master Guidelines on AML/CFT"

The Circular, inter alia, stipulates for market wide applicable limit, member security specific limits and applicable haircut rates for each of the securities.

The revised list of approved securities, GOI securities, open ended mutual funds, corporate bonds and list of approved banks for issuance of bank guarantees (BG)/fixed deposit receipts (FDR) comprises 7 annexures enumerated in the Circular.

It is advised that in the ‘Part B’ of GST Registration Form ‘REG-01’, applicant may select (Constitution of Business under ‘Business Details’ tab using dropdown list) option “Others”, if the taxpayer wants to register for …

Read More "Advisory for the taxpayer wishing to register as “One Person Company” in GST"

Tribunal clarified that such creditors are treated differently, then all secured creditors would dissent in the CoC.

Measures taken to facilitate a more conducive policy environment for more competitive domestic steel making and exports.