Notification & Circulars

Exclusion of “Allahabad Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company

Notification No#RBI/2020-21/44 DOR.No.Ret.BC.17/12.07.150/2020-21 30 September 2020

RBI/2020-21/44 DOR.No.Ret.BC.17/12.07.150/2020-21 September 30, 2020 All Banks Madam/Sir Exclusion of “Allahabad Bank” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company We advise that “Allahabad Bank” has been exc..

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Limited Insolvency Examination - Syllabus w.e.f 1st January, 2021

Notification No#No. IBBI/PR/2020/13 30 September 2020

Insolvency and Bankruptcy Board of India (Press Release) No. IBBI/PR/2020/13 30th September 2020 Limited Insolvency Examination w.e.f 1st January 2021 The Insolvency and Bankruptcy Board of India hereby publishes the syllabus and details of the Limited Insolvency Exami..

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Exclusion of “Oriental Bank of Commerce” and “United Bank of India” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company

Notification No#RBI/2020-21/46 DOR.No.Ret.BC.19/12.07.150/2020-21 30 September 2020

RBI/2020-21/46 DOR.No.Ret.BC.19/12.07.150/2020-21 September 30, 2020 All Banks Madam/Sir Exclusion of “Oriental Bank of Commerce” and “United Bank of India” from the Second Schedule to the Reserve Bank of India Act, 1934 and cessation as banking company We adv..

Posted in Others

Relaxation with respect to Validity of SEBI Observations and Revision in issue size

Notification No#SEBI/HO/CFD/DIL1/CIR/P/2020/188 29 September 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DIL1/CIR/P/2020/188 September 29, 2020 To All Registered Merchant Bankers All the Nationwide Stock Exchanges All Market Participants Dear Sir/Madam, Sub: Relaxation with respect to Validity of SEBI Observations and Revi..

Posted in Shares & Stock

Guidelines under section 194-O(4) and section 206C(1-I) of the Income-tax Act, 1961

Notification No#17/2020 29 September 2020

Circular No. 17 of 2020 F. No.370133/22/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 29th September, 2020 Sub.: Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax ..

Posted in Income Tax

SEBI Board Meeting on 29.9.20 - IMP decision

Notification No#Press Release No. 52/2020 29 September 2020

Securities and Exchange Board of India Press Release No. 52/2020 SEBI Board Meeting The SEBI Board met in Mumbai today. The out of station Members joined the meeting through video conferencing. The Board, inter-alia, took the following decisions: I. Amendments to SEBI (Debenture Tru..

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Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Notification No#No. 38 OF 2020 29 September 2020

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 29th September, 2020/Asvina 7, 1942 (Saka) The following Act of Parliament received the assent of the President on the 29th September, 2020 and is hereby published for general information:— THE TAXATION AND OTHER LAW..

Posted in Income Tax

The Companies (Amendment) Act, 2020.

Notification No#No. 29 of 2020 28 September 2020

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 28th September, 2020/Asvina 6, 1942 (Saka) The following Act of Parliament received the assent of the President on the 28th September, 2020 and is hereby published for general information:— THE CO..

Posted in Corporate Law

The Bilateral Netting of Qualified Financial Contracts Act, 2020.

Notification No#NO. 30 OF 2020 28 September 2020

Posted in LAW

Recovery of assets of defaulter member and recovery of funds from debit balance clients of defaulter member for meeting the obligations of clients / Stock Exchange / Clearing Corporation

Notification No#SEBI/HO/MIRSD/DPIEA/CIR/P/2020/186 28 September 2020

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DPIEA/CIR/P/2020/186 September 28, 2020 To, All Recognised Stock Exchanges All Recognised Clearing Corporations Madam/Sir, Subject: Recovery of assets of defaulter member and recovery of funds from debit balance cl..

Posted in Shares & Stock