Category Archives: other Acts

Third party premium rates for battery driven e carts or e rickshaws

By | November 6, 2015

Ref:IRDA/NL/CIRI/MOTP/196/11/2015 Date:04-11-2015 The Motor Vehicles Amendment Act, 2015, as notified in the Gazette of India on 20th March 2015, brings the e-carts and e-rickshaws under its ambit. As per the amendment, e-carts or e-rickshaws are special purpose battery powered vehicles not exceeding 4000 watts, having three wheels for carrying goods or passengers, as the case… Read More »

Detection and Reporting of Counterfeit Notes

By | November 6, 2015

RBI/2015-16/162 DCM (FNVD) No. 776/16.01.05/2015-16 August 27, 2015 The Chairman / Managing Director / Chief Executive Officer All Banks Madam / Sir, Detection of Counterfeit Notes Please refer to our Circular DCM (FNVD) No. 5840/16.01.05/2012-13 dated June 27, 2013 on “Detection and Reporting of Counterfeit Notes”. The procedure for detection of counterfeit notes has been… Read More »

All software exporters can now file single as well as bulk SOFTEX form

By | November 5, 2015

RBI/2015-16/231 A.P. (DIR Series) Circular No.27 November 05, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir Software Export – Filing of bulk SOFTEX-further liberalisation Attention of Authorised Dealers is invited to A.P. (DIR Series) Circular No. 80 dated February 15, 2012, A.P. (DIR Series) Circular No. 66 dated January 01, 2013and A.P.… Read More »

Relaxation of facilities for residents for hedging of foreign currency borrowings

By | November 5, 2015

RBI/2015-16/232 A.P. (DIR Series) Circular No. 28 November 5, 2015 To, All Authorised Dealer Category – I banks Madam / Sir, Risk Management & Inter-Bank Dealings: Relaxation of facilities for residents for hedging of foreign currency borrowings Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative… Read More »

Sovereign Gold Bonds 2015 16 Operational Guidelines issued by RBI

By | November 4, 2015

RBI/2015-16/222 IDMD.CDD.No.968/14.04.050/2015-16 November 4, 2015 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Sovereign Gold Bonds, 2015-16 – Operational Guidelines This has reference to the GoI notification F.No.4(19)-W&M/2014 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015 on the Sovereign Gold Bonds, 2015-16. FAQs in this regard have been placed on… Read More »

Format for quarterly holding pattern issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/9/2015 November 04, 2015 To The Managing Director/Executive Director, All recognised Stock Exchanges. The Managing Director/Executive Director, All Depositories. Dear Sir/Madam, Sub: Format for quarterly holding pattern, disclosure norms for corporate governance report and manner for compliance with two-way fungibility of Indian Depository Receipts (IDRs) 1. In terms of sub regulation (1) of regulation… Read More »

Format for Business Responsibility Report (BRR) issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/10/2015 November 04, 2015 To All Listed Entities All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Format for Business Responsibility Report (BRR) 1. At a time and age when enterprises are increasingly seen as critical components of the social system, they are accountable not merely to their shareholders from a revenue and profitability perspective… Read More »

Format for Voting Results of General Meeting for listed entities issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/8/2015 November 4, 2015 To All Listed Entities All the Recognised Stock Exchanges Dear Sir/Madam, Sub: Format for Voting Results 1. Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Listing Regulations”), has prescribed that the listed entity shall submit to the stock exchange, within forty eight… Read More »

Non compliance of award of Insurance Ombudsmen or Order of MACT or Consumer Fora: IRDA issues instructions- regarding

By | November 4, 2015

Ref: IRDA/CAD/CIR/MISC/194/11/2105 Date: 03-11-2015 IRDAI has been receiving complaints from policyholders against the insurers regarding non-compliance of Orders/Awards passed by Judicial/Quasi-judicial bodies such as (a)Orders of Consumer Forums (b) Orders of the Motor Accident Claims Tribunals(MACT) and (c) Awards of the Insurance Ombudsmen . 2. Considering the fact that the complainant is already aggrieved, further delay in compliance… Read More »