Day: July 6, 2021
SEBI issues SoP for listed subsidiary company desirous of getting delisted through Scheme of Arrangement SEBI issues Standard Operating Procedure for listed subsidiary company desirous of getting delisted through a Scheme of Arrangement wherein the listed parent holding company and the listed subsidiary are in the same line …
ICAI issues Guidance Note on Accounting for Derivative Contracts ICAI has formulated a ‘Guidance Note on Accounting for Derivative Contracts’ for uniform accounting principles for accounting of derivative contracts. The Guidance Note provides guidance on accounting for financial and commodity derivative contracts consistent with the extant international practices. …
Non renewed Fixed Deposits to attract less interest – RBI Directions RBI has revised its Instruction with respect to where a Fixed / Term Deposit matures and remains unpaid/unclaimed As per the existing instruction, if a Term Deposit matures and proceeds are unpaid, the amount of left unclaimed …