Note on SEBI Circular regarding Clarification on applicability of regulation 23 of SEBI (LODR) regulations, 2015 in relation to Related Party Transactions dated 30-03-2022:
INTRODUCTION : This circular seeks to provide clarification with respect to approval of related party transactions by the shareholders of a listed entity.For this purpose, scope and materiality of RPT…
Clarification on applicability of regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to Related Party Transactions
March 30, 2022 To,All entities that have listed their specified securitiesAll the Recognized Stock Exchanges 1. Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (‘LODR Regulations’)…
Clarification with respect to relaxation of provisions of rule 114AAA of Income-tax Rules, 1962 prescribing the manner of making Permanent Account Number (PAN) inoperative
Instances had come to the notice of the Income-tax Department that multiple permanent account numbers (PANs) have been allotted to one person or one PAN has been allotted to more…
Importance of Governance and Assurance Functions in Financial Institutions1 Address at CAFRAL by Shri M. K. Jain, Deputy Governor, RBI.
Introduction Delegates from various financial institutions, guest speakers and colleagues from CAFRAL, a very good morning to all. At the outset, let me thank CAFRAL for hosting this learning program.…
Extension of timelines for sale and renewal of short term Covid specific health insurance policies
28th March,2022 ToAll Life, General and Stand Alone Health Insurers (Except AIC and ECGC) 1. Reference is invited to the short term Covid specific health insurance policies permitted to be…
Operational guidelines for ‘Security and Covenant Monitoring’ using Distributed Ledger Technology (DLT)
March 29, 2022 To, Issuers who have listed and/ or propose to list Non-convertible Securities, SecuritisedDebt Instruments, Security Receipts, Municipal Debt Securities or Commercial Paper;Recognized Stock Exchanges;All Debenture Trustees registered…
Calculation of investment concentration norm for Category III AIFs
1. Regulation 15(1)(d) of SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), has been amended and notified on March 16, 2022, to provide flexibility to Category III AIFs, including large…
Product specifications pertaining to the Electronic Gold Receipts (EGR) segment in India
March 28, 2022 The Managing Directors / Chief Executive OfficersAll Recognized Stock Exchanges Dear Sir / Madam, 1. SEBI vide Circular no. SEBI/HO/CDMRD/DMP/CIR/P/2022/07 dated January 10, 2022, has issued framework…
Special Clearing operations on March 31, 2022
March 28, 2022 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks…
RVKS and Associates Newsletter – Volume 1.10
29.3.2022 Newsletter : https://drive.google.com/file/d/15jIpD_TclWvA6LKWG0UlYCtqvt47F9UV/view?usp=sharing