Note on SEBI levying Fine on three entities for flouting venture capital fund Rules
Background Capital markets regulator SEBI slapped a fine of Rs 3 lakh on three entities
RBI Update: Amendment to Master Direction on Prepaid Payment Instruments
1. This has reference to the Master Directions CO.DPSS.POLC.No.S-479/02.14.006/2021-22 dated August 27, 2021, on Prepaid Payment Instruments
RBI Update: Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit
Kindly refer to the instructions issued vide DOR.STR.REC.93/04.0 2.001/2021-22 dated March 8, 2022 and DOR.STR.REC.39/04.02.001/2022-23 dated
RBI Update: Inclusion of Clearing Corporation of India Limited as a Financial Information Provider under Account Aggregator Framework
1. RBI launched the Retail Direct Scheme (‘Scheme’) on November 12, 2021, to facilitate retail investors
IBBI Update – Deposit and withdrawal of unclaimed dividends and/or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations)
To facilitate the request received from a stakeholder, under sub-regulation (7) of regulation 46, who claims
IBBI Update – Enhancing Transparency and Stakeholder Engagement in Liquidation Process
Circulation of progress reports to stakeholders is hereby directed that the liquidator shall also share
RBI Update: Formation of a new district in the State of Assam – Assignment of Lead Bank Responsibility
The Government of Assam has notified the formation of a new district, viz., Hojai in
SEBI Update: Centralization of certifications under the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) at KYC Registration Agencies (KRAs)
1. The Ministry of Finance states that the reporting financial institution (RFI) [as defined under
MCA Update: – Deployment and usage of Change Request Form (CRF) on MCA-21 – reg.
Stakeholders are informed that the Change Request Form (CRF) has been made available on the
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
Regulation Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.