Disclosure obligations of listed entities in relation to Related Party Transactions
November 22, 2021 To, All entities that have listed their specified securities All the Recognized Stock Exchanges Madam / Sir, 1. Vide notification dated November 9, 2021, Regulation 23 of…
Clarifications regarding amendment to SEBI (Alternative Investment Funds) Regulations, 2012
November 22, 2021 To, All Alternative Investment Funds (AIFs) Sir/ Madam, 1. Regulation 15(1)(d) of SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”) has been amended and notified on November…
Inclusion in/exclusion from the Second Schedule to the Reserve Bank of India Act, 1934 – Regional Rural Banks (RRBs)
November 22, 2021 All Regional Rural Banks Madam/Sir, We advise that the name of Baroda UP Bank has been included to and names of three erstwhile Regional Rural Banks (RRBs)…
Accrual accounting: How it works and why it’s important
By recording accruals, a company can keep track of its cash flows accurately and systematically. Managing performance is the core to success, whether it is a for-profit or not-for-profit entity.…
Addendum to SEBI Circular dated November 16, 2021 relating to Schemes of Arrangement by Listed Entities
November 18, 2021 To All Recognized Stock Exchanges (except Commodity Exchanges) All Recognized Depositories Issuer Companies Merchant Bankers and Brokers registered with SEBI Registrars to an Issue Dear Sir /…
RBI releases the Report of the Working Group on digital lending including lending through online platforms and mobile apps
November 18, 2021 The Reserve Bank of India had constituted a Working Group (WG) on digital lending including lending through online platforms and mobile apps on January 13, 2021, with…
Clarification on certain refund related issues
New Delhi, Dated the 17th Nov, 2021 To, The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All) The Principal Directors General/ Directors General (All) Madam/Sir, Various representations have…
Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020- Central Tax dated 21st March, 2020
New Delhi, dated the 17th November, 2021 To The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Directors General / Directors…
IBBI clarification on NOC from Income Tax Dept during Voluntary Liquidation.
15th November, 2021 To All Registered Insolvency Professionals All Recognised Insolvency Professional Entities All Registered Insolvency Professionals Agencies (By mail to registered email addresses and on website of the Board)…
Appointment of Internal Ombudsman by Non-Banking Financial Companies
November 15, 2021 The Chairman/Managing Director & CEO a) NBFCs-D with 10 or more branches, and b) NBFCs-ND with asset size of Rs 5,000 crore and above (excluding NBFCs given…