Category Archives: other Acts

CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2016/90 September 21, 2016 To, The Managing Directors/Chief Executve Officers, National Commodity Derivatives Exchanges Sir/Madam, Sub: Staggered delivery, early delivery system, early pay-in facility, penalty on delivery default, fixation of FSP and changes in expiry dates 1. As per Section 131[B]of the Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like… Read More »

Bombay Stock Exchange DCS/COMP/10/2016-17 September 20, 2016 Dear Sir/Madam, Sub: Clarification by SEBI regarding Revenue recognition and Excise Duty Restrictions. SEBI had issued a circular dated November 30, 2015, wherein, it was prescribed that ‘revenue from operations’ may be disclosed net of excise duty. Subsequently, as per Schedule III of the Companies Act, 2013, which was notified on… Read More »

CIRCULAR SEBI/HO/CDMRD/DRMP/CIR /2016/88 September 20, 2016 To, The Managing Directors/Chief Executve Officers, National Commodity Derivatives Exchanges Sir/Madam, Sub: Permission for trading in futures contracts and modification in contract specifications at exchange level 1. As per Section 131 (4) of the Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by… Read More »

CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/89 September 20, 2016 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Consolidated Account Statement A. Please refer to SEBI circular dated March 18, 2016. Clause A of the aforementioned circular on consolidated account statement has been partially modified and shall read as follows: “Consolidated Account… Read More »