The Securities and Exchange Board of India (SEBI) on Friday 11th Sep 2020 announced a detailed structure for multi-cap Mutual Funds. How these changes in Multi cap funds impact you as an Investor? What is the opportunity in Direct Equity in Mid and Small cap? What action is to be taken in response to this announcement? Do we need to change portfolio allocation? Do we stop SIP in Multi cap funds? We answer all the above questions for you in the most simplistic manner. ..
Sustainability Reporting Standards Board The Institute of Chartered Accountants of India September 10th, 2020 ANNOUNCEMENT Invitation of Comments on SEBI Consultation Paper on The Format for Business Responsibility and Sustainability Reporting In November 2018, the Ministry of Corporate Affairs (MCA) constituted a committee for finalising busin..
Overview Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/168 issued and publish dated 09th September, 2020, has published - Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 - System driven disclosures.” in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with regulations 4(3) and 11 of t..
Format of application to ROC for seeking extension due to covid -19 by companies. To, &..
Guidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018 The Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018, [Regulations] provide for appointment of Insolvency Professionals (IPs) as Administrators for the purposes specified therein. A cop..
We keep on working throughout our life to earn and accumulate more and more assets / Investment but very few of us are serious of the fact about the protection of this hard-earned wealth. Here comes a million-dollar question! What happens to these investments after the death of the persons who own/inherit such as investment or properties? How a person can deal with his assets/investments? The following key points suggest some ways to deal with one's assets/..
Introduction Indian policymakers seem to have realized the importance of manufacturing in providing jobs but it is also equally important to realize that the path leading to higher manufacturing employment has to necessarily cross a difficult bridge called labour reforms. Labour laws in India are perceived by trade and industry circles as complex, archaic, and not conducive to promoting the interests of the industry. Some of the labour laws are both enacted and enforced by the Cen..
These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Buy-back of Securities) Regulations, 2018 ['Buyback Regulations']. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding opinion/guidance from the Securities and Exchange Board of India ['SEBI']. For full particulars of laws governing the buyback of securities, please refer to actual text of the ..
When a resident Indian gains non-resident Indian status, it is mandatory by the law to change the residential status in the bank accounts. FEMA rules for NRIs do not allow holding a savings bank account in India. NRIs need to set up an NRO or NRE Account as stipulated by the Reserve Bank of India (RBI). If you continue holding the residential bank account even after your residential status is changed for a long duration, you may have to pay penalties for it. But before even discussi..
The Real Estate (Regulation and Development) Act (hereinafter referred to as the Act) came into force in 2016 with an objective to regulate the capital intensive market of the Real Estate Sector. It establishes an authority (Real Estate Regulation Authority) (hereinafter referred to as the Authority) to keep the check and balances along with a central advisory council and an appellate tribunal thus providing for adjudication. Though the primary objective of the act is to protect the interests..
SEBI has issued a notification dated 17th July, 2020 on Amendment to SEBI (Prohibition of Insider Trading) Regulations, 2015 effective from aforesaid date. We give below a summary of the major amendments, for your information: I. Structured Digital Database (SDD) Regulation 3 (5) (Communication or procurement of unpublished price sensitive information)has been substituted. <..
The Reserve Bank of India released a bi-monthly monetary policy yesterday because of the ongoing pandemic COVID-19. Here are the key points that were announced by the RBI Governor : Central Bank will form an expert committee headed by former ICICI Bank CEO KV Kamath to suggest ways in which the restructuring will be implemented Personal loans have also been included March 1 has been set..