Judgement under Section 12A of the Code can be allowed, even if promoter is ineligible under Section 29A of the Code.
Subject Insolvency and Bankruptcy Code, 2016 Case Shweta Vishwanath Shirke & Ors. Vs The Committee of Creditors & Anr Corporate Debtor M/s. Sterling Biotech Ltd Adjudicating Authority NCLAT, New Delhi…
Segregation and Monitoring of Collateral at Client Level – Extension of timeline
1. SEBI, vide circular no. SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021 issued certain provisions in the subject matter. The para 50 of the said circular reads as under : “ The…
Approach to securities market data access and terms of usage of data provided by data sources in Indian securities market
February 25, 2022 To All Recognized Stock Exchanges, Depositories, Stock Brokers through RecognizedStock ExchangesAll Mutual Funds/ Asset Management Companies (AMCs), Association of MutualFunds in India (AMFI)All Registrars to an Issue…
Swing pricing framework for mutual fund schemes – Extension of timeline
February 25, 2022 All Mutual Funds/Asset Management Companies (AMCs)/Trustee Companies/Boards of Trustees of Mutual Funds/Association of Mutual Funds in India (AMFI) Sir/ Madam, 1. SEBI, vide Circular No. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/631…
Implementation of ‘Core Financial Services Solution’ by Non-Banking Financial Companies (NBFCs)
February 23, 2022 All Non-Banking Financial Companies Madam / Dear Sir, A reference is invited to para 3.2.3 (j) of the Reserve Bank’s Circular Ref. DOR.CRE.REC.No.60/03.10.001/2021-22 dated October 22, 2021…
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Sikkim State Co-operative Bank Ltd.
February 18, 2022 All State Co-operative Banks/Central Co-operative Banks Madam/ Sir, We advise that the name of ‘Sikkim State Co-operative Bank Ltd.’ has been included in the Second Schedule to…
RBI cautions public against Prepaid Payment Instruments (non-closed) issued by unauthorised entities
February 22, 2022 It has come to the notice of Reserve Bank of India (RBI) that sRide Tech Private Limited, a company having its registered office at 1201, Tower-7, Close…
Communique NewsLetter – Volume 1.5
22.2.2022 Newsletter : https://drive.google.com/file/d/1wICxWI1qBDFEnB70T3IeeJO1W7z93Ikm/view?usp=sharing
Corrigendum to Master Circular for Depositories dated February 05, 2021 on Opening of demat account in case of HUF
February 17, 2022 To, All Depositories Dear Sir / Madam, 1. Please refer to SEBI Master Circular for Depositories No. SEBI/HO/MRD2/DDAP/CIR/P/2021/18 dated February 05, 2021. 2. In partial modification, Subsection…
New Definition of Micro, Small and Medium Enterprises – Clarification
February 18, 2022 The Chairman/ Managing Director/Chief Executive OfficerAll Commercial Banks(including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/District Central Co-operative Banks…