Notification & Circulars

Caution against various Co-operative societies using the word “Bank” in their names

Notification No#PB : 2021-2022/1230 22 November 2021

The Banking Regulation Act, 1949 (BR Act, 1949) was amended by the Banking Regulation (Amendment) Act, 2020 (Act 39 of 2020) which came into force on September 29, 2020. Accordingly, co-operative societies cannot use the words “bank", "banker" or "banking" as part of t..

Posted in Community & General

Disclosure obligations of listed entities in relation to Related Party Transactions

Notification No#SEBI/HO/CFD/CMD1/CIR/P/2021/662 22 November 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2021/662 November 22, 2021 To, All entities that have listed their specified securities All the Recognized Stock Exchanges Madam / Sir, Subject: Disclosure obligations of listed entities in relation to Relat..

Posted in Investments & Personal Finance

Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012

Notification No#SEBI/HO/IMD/IMD-I/DOF6/P/CIR/2021/663 22 November 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-I/DOF6/P/CIR/2021/663 November 22, 2021 To, All Alternative Investment Funds (AIFs) Sir/ Madam, Sub: Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012 1. Regulation..

Posted in Investments & Personal Finance

Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs)

Notification No#RBI/2021-22/133 DOR.Rur.REC.70/31.04.002/2021-22 22 November 2021

RBI/2021-22/133 DOR.Rur.REC.70/31.04.002/2021-22 November 22, 2021 All Regional Rural Banks Madam/Sir, Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 - Regional Rural Banks (RRBs) We advise that the name of Baroda UP Bank has been included to a..

Posted in Community & General

Mr. Sandip Garg takes charge as Executive Director, IBBI

Notification No#No. IBBI/PR/2021/31 22 November 2021

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA No. IBBI/PR/2021/31 22nd November, 2021 PRESS RELEASE Mr. Sandip Garg takes charge as Executive Director, IBBI. Mr. Sandip Garg took charge as Executive Director, Insolvency and Bankruptcy Board of India (IBBI) in New Delhi today. Immediatel..

Posted in LAW

CBIC Circular on Clarification on refund related issues

Notification No#Circular No. 166/22/2021-GST 17 November 2021

Circular No. 166/22/2021-GST F.No. CBIC-20021/4/2021-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing **** New Delhi, Dated the 17th Nov, 2021 To, The Principal Chief Commissioners/Chief Commissioners/Principa..

Posted in GST

CBIC Clarification on applicability of Dynamic Quick Response (QR) Code on B2C invoices

Notification No#Circular No. 165/21/2021-GST 17 November 2021

Circular No. 165/21/2021-GST CBEC-20/16/38/2020 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, dated the 17th November, 2021 To, The Principal Chief Commissioners / Chief Commissioners / Principal..

Posted in GST

SEBI (Intermediaries) (Third Amendment) Regulations, 2021

Notification No#SEBI/LAD-NRO/GN/2021/59 17 November 2021

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 17th November, 2021 SECURITIES AND EXCHANGE BOARD OF INDIA (INTERMEDIARIES) (THIRD AMENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/59. - In exercise of the powers conferred under Section 30 of the Securities and Exchan..

Posted in Investments & Personal Finance

SEBI Scheme of Arrangement by Listed Entities

Notification No#SEBI/HO/CFD/DIL2/CIR/P/2021/0000000657 16 November 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DIL2/CIR/P/2021/0000000657 November 16, 2021 To All Recognized Stock Exchanges (except Commodity Exchanges) All Recognized Depositories Issuer Companies Merchant Bankers and Brokers registered with SEBI Registrars to an I..

Posted in Investments & Personal Finance

Withdrawal of Obsolete Regulatory Circulars/ Instructions - Interim Recommendations of the Regulations Review Authority 2.0

Notification No#RBI/2021-22/131 DCM (Admin) No.S472/19.01.010/2021-22 16 November 2021

RBI/2021-22/131 DCM (Admin) No.S472/19.01.010/2021-22 November 16, 2021 The Chairman / Managing Director The Chief Executive Officer All Banks Madam / Dear Sir, Withdrawal of Obsolete Regulatory Circulars/ Instructions - Interim Recommendations of the Regulations Review Authority 2.0 ..

Posted in Community & General