INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 21st November, 2016 Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 IBBI/2016-17/GN/REG001.— In exercise of the powers conferred by sections 196, 203 and 205 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31… Read More »
MINISTRY OF URBAN DEVELOPMENT (DELHI DIVISION) ORDER New Delhi, the 21st November, 2016 S.O. 3494(E).—Whereas, the third proviso to sub-section (1) of section 20 of the Real Estate (Regulation and Development) Act, 2016 stipulates that until the establishment of a Regulatory Authority, the appropriate Government shall designate any Regulatory Authority or any officer as the… Read More »
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st November, 2016 G.S.R. 1080(E).— In exercise of the powers conferred by section 228 of the Finance Act, 2016 (28 of 2016), the Central Government hereby appoints the 22nd day of November, 2016, as the date on which the provision of section 229 of the… Read More »
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 22nd November, 2015 No. 50/2016-Service Tax G.S.R. 1082(E).—In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 of 1944), read with clause (55) of section 65B of the Finance Act 1994 (32 of 1994), rule 3… Read More »
Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 22, 2016) (Updated as on November 22, 2016) (Updated as on November 21, 2016) (Updated as on November 18, 2016) (Updated as on November 16, 2016) (Updated as on November 14, 2016)… Read More »
Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants RBI/2016-17/150 DPSS.CO.PD.No.1288/02.14.006/2016-17 November 22, 2016 All Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment Instrument Issuers Dear Madam / Sir, Special measures to incentivise Electronic… Read More »
RBI/2016-17/149 DCM (Plg) No.1346/10.27.00/2016-17 November 22, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Foreign Banks Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks. Dear Sir, Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal… Read More »
Making cash available for Rabi Crop Season – Advisory to banks RBI/2016-17/148 DCM (Plg) No.1345/10.27.00/2016-17 November 22, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks Dear Sir, Making cash available for Rabi Crop… Read More »
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Fraudulent Practices RBI/2016-17/147 DCM (Plg) No.1341/10.27.00/2016-17 November 22, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks… Read More »
Date : Nov 22, 2016 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- Exchange Facility – Reports of misuse – Caution to Public The facility for public to exchange the specified bank notes (old notes in ₹ 500 and ₹ 1000) for legal tender… Read More »