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Thursday, April 30, 2009
Wednesday, April 29, 2009
[FEMA]Non-resident Depositors/Any can get loan upto 100 lakhs against NR(E)RA & FCNR(B) deposit accounts now
Foreign Exchange Management (Deposit) Regulations, 2000- Loans to Non Residents / third party against security of Non Resident (External) Rupee Accounts [NR (E)...
[FCCB]Buy back upto USD 100 million under RBI Approval Route based on larger discounts
RBI/2008-09/461 A. P. (DIR Series) Circular No 65 dated 28th April 2009 The total amount of permissible buyback of FCCBs, out of internal...
[ECB]All-in-cost ceilings dispensed till 31st December 2009 under Approval Route
[ECB]All-in-cost ceilings dispensed till 31st December 2009 under Approval Route
RBI/2008-09/460 A.P. (DIR Series) Circular No. 64 dated 28th April 2009 Now, it has been decided to extend the relaxation in all–in-cost ceilings,...
Tuesday, April 28, 2009
Prepaid Instruments-Debit/smart cards shall comply with RBI directions now
Prepaid Instruments-Debit/smart cards shall comply with RBI directions now
Issuance and Operation of Pre-paid Payment Instruments in India (Reserve Bank) Directions, 2009 All persons proposing to operating payment systems involved in the...
Certified Copies of Entries / Print out to Courts as Evidence by co-operative banks under Bankers Books Act
All State and Central Co-operative banks should comply with the provisions of the Bankers' Books Evidence Act, 1891 while furnishing certified copies and...
Saturday, April 25, 2009
New Clause 5A&20A in Listing Agreement as amended-unclaimed shares,common notice period, dividend per share basis&voting rights pattern are the updates…
Click here for the amendments in Listing Agreement as on 24th April 2009 http://www.sebi.gov.in/circulars/2009/circfd04.pdf All the following amendments shall come into force with...
Friday, April 24, 2009
[IDR]Only audited financial statements, neither affairs/status & IOSCO recognised & Interim audit, if more than 180 days
G.S.R 251 (E) - Companies (Issue of Indian Depository Receipts) (Second Amendment) Rules, 2009. dated 15th April 2009 In the Schedule to IDR...
[FEMA]FC-TRS reporting amended & is subject to KYC & to be submitted within 60 days of consideration for transfer of equity instruments involving foreign nationals or NRI’s
Foreign Direct Investment in India - Transfer of Shares / Preference Shares / Convertible Debentures by way of Sale - Modified Reporting Mechanism...
Wednesday, April 22, 2009
[ECB] No objection for Corporate Guarantee after Board Resolution
[ECB] No objection for Corporate Guarantee after Board Resolution
External Commercial Borrowings Policy – Liberalization Issue of Guarantee for operating lease As all of you aware that in term of AP DIR...
Supreme Court gives statutory shield to SEBI from SAT
Supreme Court gives statutory shield to SEBI from SAT
THE Supreme Court on Tuesday said the Securities Appellate Tribunal (SAT) has no discretionary power to interfere with orders passed by market regulator...
File Offer Documents (50 crores) at SEBI Western Regional Office, Ahmedabad from 1st May 2009
Schedule XXII of SEBI (DIP) Guidelines, 2000 (click here for the latest guideline) got amended enabling Merchant Bankers to file the draft offer...