Notification & Circulars

Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures

Notification No#RBI/2020-21/109 DOR.No.CRE.BC.47/21.01.003/2020-21 23 March 2021

Reserve Bank of India RBI/2020-21/109 DOR.No.CRE.BC.47/21.01.003/2020-21 March 23, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Deferment of applicabil..

Posted in Others

Issuance of Import Authorization for ‘Restricted’ items from DGFT HQs w.e.f. 22.03.2021 — regarding

Notification No#Trade Notice No. 47/2020-21- DGFT 23 March 2021

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Date: 23rd March, 2021 Trade Notice No. 47/2020-21- DGFT To 1. All RAs of DGFT 2. All Members of Trade & Industry Subject:- ..

Posted in Miscellaneous

Dispensing with physical signatures on proposal forms

Notification No#Ref: IRDAI/Life/Cir/Misc/055/03/2021 23 March 2021

Insurance Regulatory and Development Authority of India Ref: IRDAI/Life/Cir/Misc/055/03/2021 Date: 23-3-2021 To, All Life Insurers. Re: Dispensing with physical signatures on proposal forms. Vide IRDAI/Life/Cir/Misc/274 dated 11th November 2020, Life Insurers were allowed..

Posted in Miscellaneous

SEBI advises registered entities including MIIs to comply with TRAI’s TCCCP Regulations, 2018

Notification No#PR No. 14/2021 23 March 2021

Securities and Exchange Board of India PR No. 14/2021 SEBI advises registered entities including MIIs to comply with TRAI’s TCCCP Regulations, 2018 All SEBI registered entities including MIIs (which use bulk SMS for providing their services to the investors) are advised to ensure str..

Posted in Shares & Stock

Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020

Notification No#4/2021 23 March 2021

Circular No. 04/2021 F. No. IT(A)/1/2020-Tl'L Government ofIndia Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 23rd March, 2021 Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 - reg. With the objective to inter alia..

Posted in Income Tax

SEBI Review of delivery default norms

Notification No#SEBI/HO/CDMRD/DRMP/CIR/P/2021/35 23 March 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2021/35 March 23, 2021 To The Managing Directors / Chief Executive Officers All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Review of delivery default norms 1. SEBI ..

Posted in Shares & Stock

Trading halt at NSE on February 24, 2021

Notification No#Press Releases No. 13/2021 22 March 2021

Securities and Exchange Board of India Press Releases No. 13/2021 1. With regard to the Trading halt at NSE on February 24, 2021, NSE presented its detailed Root Cause Analysis (RCA) before SEBI Technical Advisory Committee (TAC) on March 22, 2021. 2. TAC, after due deliberations, inter-ali..

Posted in Miscellaneous

Clarification on the valuation of bonds issued under Basel III framework

Notification No#SEBI/HO/IMD/DF4/CIR/P/2021/034 22 March 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF4/CIR/P/2021/034 March 22, 2021 All Mutual Funds (MFs)/Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Madam, Subject: Clarifi..

Posted in Shares & Stock

Weekly newsletter from Chairman, CBIC dated 22/03/2021

Notification No#D.O.No.59/CH(IC)/2020 22 March 2021

M. Ajit Kumar Chairman Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. No. : +91-11-23092849, Fax No. : +91-11-23092890 E-mail : ajit.m@gov.in D.O.No.59/CH(IC)/2020 Date: 22nd March 2021 Dear Collegue ..

Posted in Others

Amendment to Schedule V of the Companies Act., 2013

Notification No#S.O. 1256(E) 18 March 2021

MINISTRY OF CORPORATE AFFAIRS Dated: 18th March, 2021 S.O. 1256(E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following amendments to Schedule V of the said Act, nam..

Posted in Corporate Law