Category - Others

Integrated Reporting by Listed Entities

CIRCULAR SEBI/HO/CFD/CMD/CIR/P/2017/10 February 6, 2017 Sub: Integrated Reporting by Listed Entities SEBI has mandated the requirement of submission of Business Responsibility Report (‘BRR’) for top 500 listed entities under Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI LODR"). The key principles which are required to be reported by the entities pertain… Read More

Removal of limits on withdrawal of cash from Saving Bank Accounts

RBI/2016-17/224 DCM (Plg) 3107/10.27.00/2016-17 February 08, 2017 All Banks Dear Madam / Sir, Removal of limits on withdrawal of cash from Saving Bank Accounts Please refer to our circular DCM (Plg) 2905/10.27.00/2016-17 dated January 30, 2017 on the captioned subject. 2. In the wake of withdrawal of Specified Bank Notes (SBNs) since November 09, 2016… Read More

Regulating Online Sale of Medicines _Ministry of Health and Family Welfare

Ministry of Health and Family Welfare Regulating Online Sale of Medicines A Sub-Committee had been constituted by the Drugs Consultative Committee (DCC) to examine issues relating to online sale of drugs. The Sub-Committee has submitted its report to the Drugs Consultative Committee. The Sub-Committee has inter-alia recommended:- • Creation of a National Portal to act… Read More

Companies Act 2013 – Recent Developments

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Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante

RBI/2016-17/217 DCM (Plg) No. 2905/10.27.00/2016-17 January 30, 2017 The Chairman / Managing Director / Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks, Regional Rural Banks / Urban Co-operative Banks, State Co-operative Banks / District Central Co-operative Banks Dear Sir/Madam, Limits on Cash withdrawals from Bank accounts and ATMs - Restoration… Read More

FAQs on Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 (Updated as on January 24, 2017)

Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 (Updated as on January 24, 2017) 1. Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations of… Read More

BIS issues order for Energy Efficient Induction Motors

MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) ORDER New Delhi, the 18th January, 2017 S.O. 178(E).—In exercise of the powers conferred by section 14 of the Bureau of Indian Standards Act, 1986 (63 of 1986), the Central Government, after consulting the Bureau of Indian Standards, is of the opinion that it… Read More

New Indian Standards notified

MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLICATION DISTRIBUTION (Department of Consumer Affairs BUREAU OF INDIAN STANDARDS New Delhi, the 13th January, 2017   S.O.133(E).—In pursuance of clause(b) of sub-rule (1) of Rule 7 of the Bureau of Indian Standards Rules,1987,the Bureau of Indian Standards hereby notifies that the Indian Standards, particulars of which are given… Read More

4 Indian Standards cancelled by BIS

O. 134(E).—In pursuance of clause(b) of sub-rule (1) of Rule 7 of the Bureau of Indian Standards Rules,1987 it is, hereby notified that the Indian Standard, particulars of which are given in the second column of the Schedule hereto annexed has been cancelled on the date against it in the third column and stands withdrawn.… Read More

Enhancement of withdrawal limits from ATMs and Current Accounts

RBI/2016-17/213 DCM (Plg) No.2559/10.27.00/2016-17 January 16, 2017 The Chairman / Managing Director / Chief Executive Officer, Public Sector Banks / Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/District Central Co-operative Banks Dear Sir, Enhancement of withdrawal limits from ATMs and Current Accounts Please refer to… Read More

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