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Wednesday, April 7, 2010

SEBI's guide to Understand Prospectus, its concepts, structure, etc... [read offer documents in public issues now]

Guide to understand an Offer Document This sub‐section attempts to inform the structure of presentation of the content in an offer document. The...

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Tamil new year becomes public holiday because of Ambedkar birthday! Can an AGM be held on subsequently declared holiday?

Subject: Declaration of Holiday on 14th April, 2010 & Birthday of Dr. B.R. Ambedkar. It has been decided to declare Wednesday, the 14th...

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Tuesday, April 6, 2010

Debentures/Bonds by Indian Infrastructure companies to Non Resident Entities following ECB (structured obligations/novated loans)

External Commercial Borrowings (ECB) Policy – Structured Obligations Borrowing and lending of Indian Rupees between two persons resident in India does not attract...

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Download RBI Notification & Guidelines on Stripping/Reconstitution of Government Securities, a good read

RBI Guidelines on Stripping/Reconstitution of Government Securities Please refer to paragraph No.101 of the Annual Policy Statement for the year 2009-10. As indicated...

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Date of deposit of cheque & opening PPF account by Minor, RBI clarification

Public Provident Fund Scheme, 1968: 1) Clarification regarding reckoning of the date of deposit 2) Reiteration of instructions on opening of an account...

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Again an option to Buyback / Prepayment of FCCB under RBI Approval Route till June 2010

Buyback / Prepayment of Foreign Currency Convertible Bonds (FCCBs) Attention of Authorised Dealer Category – I (AD Category – I) banks is invited...

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Practising CS CA CWA to give COP & list of documents for KYC regarding Bank Account for Sole Proprietorship Concerns

Know your Customer (KYC) guidelines - accounts of proprietary concerns A reference is invited to Para 2.4(a) of the Master Circular on KYC/AML/CFT/Obligation...

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ASBA for Mutual Funds, NFO 15 days, Corporate Governance norms, No revenue sharing arangement & No dividend from Unit Premium Reserve

To All Mutual Funds (MFs)/Asset Management Companies (AMCs) 1. Brokerage and commission paid to associates i. Regulation 25 (8) of SEBI (Mutual Funds)...

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New definition of PIO includes Mother & Grandmother for FEMA, RBI notification as per Immovable Property Second Amendment 2009

Purchase of Immovable Property in India by Persons of Indian Origin (PIOs) – Amendment of the definition The term PIO is defined under...

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FIU-IND transaction reporting under Money Laundering for Rs.10 lakh or Rs.50,000 as per Amendment Rules, 2009

Prevention of Money-laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing...

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Money deposit schemes are illegal, RBI cautions public about Unincorporated bodies

RBI cautions public : Not to deposit money in unincorporated bodies It has come to the notice of the Reserve Bank of India...

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Understand listing agreement amendments with new sub-clauses in 41 & 49 (position before & after 5th April 2010)

As part of a review of the extant policies of disclosure requirements for listed entities and  also  to  bring  more  transparency  and  efficiency ...

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CS Updatin...

See Yes -> Yes, ACS

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