Notification & Circulars


The Lakshmi Vilas Bank Ltd. placed under Moratorium

 Notification No#2020-2021/645     17 November 2020

Reserve Bank of India Date : Nov 17, 2020 The Lakshmi Vilas Bank Ltd. placed under Moratorium The financial position of The Lakshmi Vilas Bank Ltd. (the bank) has undergone a steady decline with the bank incurring continuous losses over the last three years, eroding its net-worth. In a..

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The Lakshmi Vilas Bank Ltd.: RBI announces Draft Scheme of Amalgamation

 Notification No#2020-2021/647     17 November 2020

Reserve Bank of India Date : Nov 17, 2020 The Lakshmi Vilas Bank Ltd.: RBI announces Draft Scheme of Amalgamation The Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of The Lakshmi Vilas Bank Ltd. (LVB) with DBS Bank India Ltd. (DBIL), a..

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Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999

 Notification No#RBI/2020-21/67 A.P. (DIR Series) Circular No. 06     17 November 2020

RBI/2020-21/67 A.P. (DIR Series) Circular No. 06 November 17, 2020 To All Category-I Authorised Dealer Banks Madam / Sir Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999 The attention of Authorized Dealer Category-I (AD Category-I) bank..

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Maintenance of Escrow Account with a Scheduled Commercial Bank

 Notification No#RBI/2020-21/68 DPSS.CO.PD.No.660/02.14.008/2020-21     17 November 2020

Reserve Bank of India RBI/2020-21/68 DPSS.CO.PD.No.660/02.14.008/2020-21 November 17, 2020 All Scheduled Commercial Banks / Authorised Prepaid Payment Instrument Issuers / Payment Aggregators / Payment System Providers / System Participants Madam / Dear Sir, Maintenance of Escrow Ac..

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IBBI (Information Utilities) (Amendment) Regulations, 2020

 Notification No#No. IBBI/2020-21/GN/REG065     13 November 2020

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 13th day of November, 2020 Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2020. No. IBBI/2020-21/GN/REG065. - In exercise of the powers conferred by section 196 read with se..

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The Insolvency and Bankruptcy Board of India amends Regulations relating to corporate insolvency proceedings

 Notification No#No. IBBI/PR/2020/16     13 November 2020

Insolvency and Bankruptcy Board of India No. IBBI/PR/2020/16 13th November, 2020 Press Release The Insolvency and Bankruptcy Board of India amends Regulations relating to corporate insolvency proceedings The Insolvency and Bankruptcy Board of India (IBBI) notified the following Ame..

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Corrigendum to Notification No. 86/2020–Central Tax

 Notification No#F. No. CBEC-20/06/04/2020-GST     13 November 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) CORRIGENDUM New Delhi, the 13th November, 2020 G.S.R. 712(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 86/2020-Central Tax, dated ..

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Corrigendum to Notification No. 82/2020–Central Tax

 Notification No#F. No. CBEC-20/06/04/2020-GST     13 November 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) CORRIGENDUM New Delhi, the 13th November, 2020 G.S.R. 711(E). - In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 82/2020-Central Tax, dated the ..

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Non-compliance with provisions related to continuous disclosures

 Notification No#SEBI/HO/DDHS/DDHS/CIR/P/2020/231     13 November 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/DDHS/DDHS/CIR/P/2020/231 November 13, 2020 To, All Recognized Stock Exchanges All Depositories All issuers of listed Non-Convertible Debt Securities and/or Non-Convertible Redeemable Preference Shares All Issuers of l..

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IBBI (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020

 Notification No#No. IBBI/2020-21/GN/REG066     13 November 2020

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 13th day of November, 2020 Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2020. No. IBBI/2020-21/GN/REG066. —In exercise of th..

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