Statutory branch audit of PSBs-RBI modifies coverage norms for FY 2019-20 in view of Covid-19. Now 90% of funded /non-funded exposures only to be audited _RESERVE BANK OF INDIA DOS.ARG.No.6605 /08.91.001/2019-20 April 27, 2020 The Chief Executives of all Public Sector Banks Madam/Dear Sir, Statutory Branch Audit of …
CBDT debunks suggestions by IRS officers on tackling COVID-19 situation, calls it a violation of Conduct Rules and initiates inquiry A report/Paper was circulating in the social media in the name of FORCE (Fiscal Options and Response to COVID-19) Epidemic). Purportedly it has been issued by the Indian …
Insolvency professional to pay fee before 30th June 2020. Insolvency professional to pay fee before 30th June 2020. Board to be informed on becoming or ceasing as director or partner. Read Notification INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 20th April, 2020 …
Lockdown period not to be counted for corporate insolvency resolution process – IBBI amends Regulation INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 20th April, 2020 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020 …
SEBI Clarification on KYC Process and Use of Technology for KYC Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/73 April 24, 2020 To,All Recognized Stock ExchangesAll Recognized DepositoriesStock Brokers through Recognized Stock ExchangesDepository Participants through DepositoriesAssociation of Mutual Funds in IndiaAll Mutual funds and AMCs through AMFIPortfolio ManagersKYC …
Doctrine of mutuality was vitiated by absence of right to participate in surplus. Supreme Court explains three basic tests to be followed ABCAUS Case Law Citation:ABCAUS 3301 (2020) (04) SC Important case law relied upon by the parties:Commissioner of Income Tax, Bihar vs. Bankipur Club Ltd.Bangalore Club v. …
