RTA to comply with norms pertaining to ‘Transmission of Securities’ as provided in Cos. Act: SEBI

SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/644, Dated 18.10.2021 The market regulator, SEBI has been observed in some cases that due … Continue reading “RTA to comply with norms pertaining to ‘Transmission of Securities’ as provided in Cos. Act: SEBI”

Debt listed entities under new requirement of quarterly financial results – Implications and actionables

[2021] 130 taxmann.com 382 (Article) The SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, … Continue reading “Debt listed entities under new requirement of quarterly financial results – Implications and actionables”

SCN issued to a respondent under FEMA after 10 years of committing an offence under FERA was rightly quashed: HC

Case details: Union of India v. Atul Lall major – [2021] 131 taxmann.com 86 (Karnataka) … Continue reading “SCN issued to a respondent under FEMA after 10 years of committing an offence under FERA was rightly quashed: HC”

CIRP plea admitted as corporate debtor committed default in repayment of loan facility disbursed by financial creditor

Case Details: DMI Finance (P.) Ltd. v. Abloom Infotech (P.) Ltd. – [2021] 131 taxmann.com … Continue reading “CIRP plea admitted as corporate debtor committed default in repayment of loan facility disbursed by financial creditor”

Writing off security deposit is allowable if Co. discontinued its business for which such deposit was made: HC

Case Details:CIT v. Pricol Ltd. – [2021] 130 taxmann.com 459 (Madras) Judiciary and Counsel Details … Continue reading “Writing off security deposit is allowable if Co. discontinued its business for which such deposit was made: HC”

CBIC issued exemption on import of Crude Soya-bean oil, Crude Palm oil etc. from Customs Duty and AIDC

Notification No. 48/2021-Customs and Notification No. 49/2021-Customs Dated October 13th, 2021 The CBIC has issued … Continue reading “CBIC issued exemption on import of Crude Soya-bean oil, Crude Palm oil etc. from Customs Duty and AIDC”