Legal Updates
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RBI allows banks not to make dividend payment from profits on equity share for FY ending on March 31, 2020
RBI allows banks not to make any dividend payment on equity shares from the profits pertaining to the financial year…
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SEBI – Non-compliance provisions & Penalty Chart related to continuous disclosures
OVERVIEW Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2020/231 issued and publishes dated…
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Alert for Companies employing women for Night jobs – Karnataka Shops and Commercial Establishments (Amendment) Act, 2020
In view of rising cases of offences against women and with a view to prioritize the safety of working women,…
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SEBI modifies Dividend options incase of mutual fund schemes
SEBI modifies the accounting policies which would be followed for determining distributable surplus and accounting the sale and repurchase of…
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42nd GST Council meeting outcome : Key highlights dated 5th October, 2020
The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video…
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SEBI clarifies the timeline for securities issued on private placement basis
SEBI decides to stipulate the timelines for listing of securities issued on a private placement basis. Below is the timeline :- …
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SEBI provides relaxation to Credit Rating Agencies only for lenders/ investors who are defaulting in restructuring of debt solely due to COVID -19
SEBI provides relaxation to Credit Rating Agencies in recognition of default for restructuring by the lender/ investors solely due to…
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SEBI extends timeline for Trading members & Clearing Members to submit Undertaking cum Indemnity bond
SEBI extends timeline for Trading members & Clearing Members for submitting undertaking cum indemnity bond by a period of one…
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SEBI extends timeline for compliance with regulatory requirements
SEBI extends timeline for compliance with regulatory requirements due to Covid – 19 pandemic. Below are the details of the…
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SEBI extends deadline for the validity of observation and revision of issue size
SEBI extends the expiration of validity of SEBI observations upto 31st March 2020 subject to undertaking from the lead manager …
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