FAQS ON COMMODITY DERIVATIVES EXCHANGES Q1. What are the registration requirements for existing members of commodity derivatives exchanges? Ans: Existing members of commodity derivatives exchanges are required to satisfy the registration related requirements of the exchange of which it holds membership, at the time of making an application for registration to SEBI. They can apply… Read More »
PR No. 249/2015 Regulation of Commodity Derivatives Market The provisions of Part I (excluding Section 132) and Part II of Chapter VIII of the Finance Act, 2015 came into force w.e.f. September 28, 2015 and the provisions of Section 132 of the Act came into force w.e.f. September 29, 2015 in terms of Central government… Read More »
FREQUENTLY ASKED QUESTIONS ON SEBI (c) REGULATIONS, 2014 In terms of proviso to regulation 3(12) of SEBI(Share Based Employee benefits) Regulations, 2014, the un-appropriated inventory of shares which is not backed by grants but has been acquired through secondary acquisition by the trust has to be sold on the recognized stock exchange within a period… Read More »
Markets watchdog Sebi has ordered attachment of banks and demat accounts of 11 entities to recover dues worth nearly Rs 22 lakh imposed on them for violation of norms. The firms against which Sebi has passed orders are Hind Developers, Munak Galva Sheets, Navin Chemicals Manufacturing and Trading Company, Cepham Pharmaceuticals, Cepham Organics, Intercraft, Sanjay… Read More »
MINISTRY OF COAL NOTIFICATION New Delhi, the 20th October, 2015 G.S.R. 792(E).—In exercise of the powers conferred by sub-sections (5) and (6) of Section 9B of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957), the Central Government hereby makes the following rules in r/o of coal and lignite and sand for… Read More »
Section :3, read with section 2(9), of the Tamil Nadu Value Added Tax Act, 2006 Subject :Classification of goods – Branded foods Facts of the Case:- Assessee, a restaurant, got registration under Trade Marks Act, 1999 of name Zaitoon . It paid tax on entire sale of food stuff at rate of 2 per cent -.It… Read More »
Where demerger of CA firm met the rules of merger/demerger and satisfied criteria laid down by Council of ICAI, writ plea filed by petitioner-CA for quashing the demerger of CA firm was to be quashed HIGH COURT OF DELHI Arun Khanna v. Institute of Chartered Accountants of India RAJIV SAHAI ENDLAW, J. W.P.(C) NO. 9698… Read More »
Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships RBI/2015-16/210 A. P. (DIR Series) Circular No. 22 October 21, 2015 To All Authorised Dealer Category-I banks Madam / Sir, Annual Return on Foreign Liabilities and Assets (FLA Return) – Reporting by Limited Liability Partnerships Attention of Authorised Dealers Category… Read More »
RBI/2015-16/209 DCBR.CO.RCBD.BC.No. 5/19.51.026/2015-16 October 21, 2015 The Chief Executive Officer All State/Central Cooperative Banks Madam/Dear Sir, Investments in Market Infrastructure Companies by State/Central Cooperative Banks Please refer to our circulars RPCD CO RF BC 65/07.02.03/2003-04 dated February 23, 2004 and RPCD CO RF BC 26/07.02.03/2005-06 dated August 04, 2005 in terms of which guidelines were… Read More »
RBI/2015-16/211 Master Direction No.DBR.IBD.No.45/23.67.003/2015-16 October 22, 2015 Gold Monetisation Scheme, 2015 In exercise of the powers conferred on the Reserve Bank of India (RBI) under Section 35 A of the Banking Regulation Act, 1949 and in pursuance of the Central Government notification issued vide Office Memorandum F.No.20/6/2015-FT dated September 15, 2015 regarding “ Gold Monetisation… Read More »