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Exclusion of period of lockdown. IBBI (Liquidation Process) (Second Amendment) Regulations, 2020. New Regulation 47A inserted PUBLISHED BY AUTHORITY NEW DELHI, 17TH APRIL 2020 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 17th April, 2020 Insolvency and Bankruptcy Board of India …
SEBI Further relaxes compliance with Listing Regulations (LODR) due to CoVID -19 Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/63 April 17, 2020 To All listed entities All Recognized Stock Exchanges Madam / Sir, Subject: Additional relaxations / clarifications in relation to compliance …
CBDT revising ITR forms to enable benefits of various timeline extension given due to Covid-19 Finance Ministry Press Release CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19 In order to enable income taxpayers to avail full benefits of various timeline extensions …
Govt. amends Foreign Direct Investment policy to check opportunistic takeovers/ acquisitions of Indian companies due to COVID-19 pandemic The Government of India has reviewed the extant FDI policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic. It is believed that this step has been …
RBI prohibits banks from dividend declaration for FY ended 31.03.2020 RBI prohibits banks from dividend declaration RBI has prohibited banks from making any further dividend declaration/payouts from the profits pertaining to the financial year ended March 31, 2020 until further instructions. In India, Banks have been granted general …
COVID19 Regulatory Package – Review of Resolution Timelines under the Prudential Framework on Resolution of Stressed Assets RESERVE BANK OF INDIA RBI/2019-20/219DOR.No.BP.BC.62/21.04.048/2020-21 April 17, 2020 All Scheduled Commercial Banks (excluding Regional Rural Banks);All India Financial Institutions (NABARD, NHB, EXIM Bank, and SIDBI);All Systemically Important Non-Deposit taking Non-Banking Financial …
RBI COVID19 Regulatory Package – Relaxation in Asset Classification & Provisioning RESERVE BANK OF INDIA RBI/2019-20/220DOR.No.BP.BC.63/21.04.048/2020-21 April 17, 2020 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative BanksAll All-India …
No Penalty u/s 271(1)(c) merely due to quantum addition without making fresh verification during penalty proceedings ABCAUS Case Law Citation:ABCAUS 3299 (2020) (04) ITAT Important case law relied upon by the parties:National Textiles Vs. CIT 249 ITR 125. The issue involved in this case was related to penalty …
Relaxation in time period for certain activities carried out by depository participants, RTAs / issuers, KRAs, stock brokers SECURITIES AND EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/62 April 16, 2020 To, 1. Stock Brokers through Stock Exchanges 2. Depository Participants (DPs) through Depositories 3. Registrars to …
SEBI gives relaxation in timelines for compliance with regulatory requirements by trading members / clearing members Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/61 Dated: April 16, 2020 To,All Recognised Stock Exchanges and Clearing Corporations (including those in International Financial Services Centres) Madam / Sir, Subject: Relaxation in timelines for compliance …
