Month: June 2020
Participation of Mutual Funds in Commodity Derivatives Market in India-No Mutual fund schemes to invest in physical goods except in ‘gold’ through Gold ETFs Securities & Exchange Board of India CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2020/96 June 05, 2020 To, All Recognized Stock Exchanges/ All Custodians/ All Mutual Funds/ Asset Management Companies …
SEBI introduces framework for Regulatory Sandbox. Eligibility, application & approval process CIRCULAR SEBI/HO/MRD-1/CIR/P/2020/95 June 05, 2020 To,All Stock Exchanges, Clearing Corporations and Depositories All Intermediaries Dear Sir/Madam, Subject: Framework for Regulatory Sandbox 1.Participants in the capital market in India have been early adopters of technology. SEBI believes that …
ICAI gives option to pay advance Membership/COP fee in exact amount for 10 years ICAI Announcement 5th June 2020 The ICAI Council has decided to give an option to pay advance Membership/COP fee in exact amount for 10 years along with GST as a final payment and in …
Extension of validity of AEO certification expired/expiring between 01.03.2020 and 31.05.2020 to 30.06.2020 for ease of renewal process Circular No. 27/2020- Customs F.No. D-20/DIC/AE0/16/2017Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsDirectorate of International Customs New Delhi, June 2, 2020 All Pr. Chief Commissioner/ …
Extension of relaxation in compliance by AIFs & VCFs. Regulatory filings for March, April, May and June 2020 to be done on or before August 07, 2020 SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2020/92 June 04, 2020 To,All Alternative Investment Funds (AIFs)All Venture Capital Funds (VCFs) Dear …
RBI extends timeline for compliance with various payment system requirements Extension of timeline for compliance with various payment system requirements Reserve Bank of India (RBI) had in past issued instructions on Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPI-MD), enhancing security of card transactions, harmonisation …
Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2020 2nd June, 2020 Corporate Insolvency The Insolvency and Bankruptcy Board of India (Board) is required under the Insolvency and Bankruptcy Code, 2016 (Code) to recommend name of an Insolvency Professional (IP) …
Period of limitation under Rule 68B for sale of attached immovable property-Supreme Court admits SLP due to contrary view of High Courts ABCAUS Case Law Citation:ABCAUS 3316 (2020) (06) SC Important case law relied upon by the parties:M.U. Joshi Vs. Tax Recovery Officer & Ors.Noorudin Vs. Tax Recovery …
Investors claim applications in PACL Ltd. – Last date for checking status and rectifying deficiencies is 31.07.2020 for investors with claims upto Rs. 5000 The Justice (Retd.) R. M. Lodha committee (“Committee”) was constituted as per the direction of the Hon’ble Supreme Court for disposing of the land …
Changing Prospective Restoration of ICAI Membership/ COP to Retrospective Restoration ICAI Announcement on Changing Prospective Restoration to Retrospective Restoration Recently, ICAI had allowed retrospective restoration of ICAI Membership/ COP for 2019-2020 and it was announced that Form 9 and Form 101 for retrospective restoration of membership / certificate …
