Clearing Corporation’s Contribution to ‘Settlement Guarantee Fund’ Must Form Part of Its Net Worth, IFSCA Clarifies

Circular no. IFSCA/CMD-DMIIT/SGF/2024-25/001; Dated: 07.03.2025 … Continue reading “Clearing Corporation’s Contribution to ‘Settlement Guarantee Fund’ Must Form Part of Its Net Worth, IFSCA Clarifies”

SEBI Mandates the Applicability of ICDR Norms to All Rights Issues by Listed Issuers, Removing the ₹50 Crore Threshold

Notification F. No. SEBI/LAD-NRO/GN/2025/233, Dated: … Continue reading “SEBI Mandates the Applicability of ICDR Norms to All Rights Issues by Listed Issuers, Removing the ₹50 Crore Threshold”

Order to Be Set Aside to the Extent of ‘Security Wages’ as Issue Was Not in SCN and Raised Without Hearing to Assessee | HC

Case Details: Gem Granites vs. … Continue reading “Order to Be Set Aside to the Extent of ‘Security Wages’ as Issue Was Not in SCN and Raised Without Hearing to Assessee | HC”

Provisional B/S Referring to Position as on 30-09-2005 Can’t Be Said to Be Incriminating Material for AY 2004-05 & 2005-06

Case Details: Principal Commissioner of … Continue reading “Provisional B/S Referring to Position as on 30-09-2005 Can’t Be Said to Be Incriminating Material for AY 2004-05 & 2005-06”