Corporate Law Reporter - The Daily Journal

A Full Day GST Seminar in Gurgaon, Mumbai and Chennai

Trading Hours/Trading Holidays on Commodity Derivatives Exchanges

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/75 August 30, 2016 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges Sir / Madam, Sub: Trading Hours/Trading Holidays on Commodity Derivatives Exchanges 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central… Read More

Maintenance and Preservation of Records

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/74 August 30, 2016 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges & its members Sir / Madam, Sub: Maintenance and Preservation of Records 1. Pursuant to the merger of erstwhile FMC with SEBI, all commodity derivatives exchanges and their members are required to comply with the provisions of Securities… Read More

Price Dissemination through SMS/Electronic Communication Facility

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/76 August 30, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Price Dissemination through SMS/Electronic Communication Facility 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central… Read More

Update PAN details to avoid blocking of e-filing account by the Income Tax Department

This is in continuation of the earlier announcement dated 24th August 2016 (Annexed at A) on updation of PAN details to avoid blocking of e-filing account by the Income Tax Department. The issue of deactivating of the e-filing accounts of the members of the ICAI by the Income Tax Department on account of the mismatch… Read More

MCA Portal unavailability

The MCA21 system will be temporarily unavailable from 9:00 pm IST on Saturday, 27th August 2016 to 2:00 am IST on Sunday, 28th August 2016 and from 4:00 am to 6:00 am IST on Monday, 29th August 2016 for system maintenance. Stakeholders are requested to plan accordingly. Read More

C&I taxonomy amended to include mandatory CSR / CARO

C&I taxonomy, for filing Annual Financial Statements in AOC-4 XBRL is being amended to include mandatory CSR / CARO related details and others changes. The revised draft business rules along with the change sheet and Taxonomy (2016) is available on MCA portal. The updated C&I Taxonomy 2016 should be used for filing annual financial statements… Read More

Master Direction – Core Investment Companies (Reserve Bank) Directions, 2016

RBI/DNBR/2016-17/39 Master Direction DNBR. PD. 003/03.10.119/2016-17 August 25, 2016 Master Direction - Core Investment Companies (Reserve Bank) Directions, 2016 In exercise of the powers conferred by sections 45JA, 45L and 45M of the Reserve Bank of India Act, 1934 (2 of 1934), and of all the powers enabling it in this behalf, the Reserve Bank… Read More

Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016

RBI/DNBR/2016-17/38 Master Direction DNBR.PD.002/03.10.119/2016-17 August 25, 2016 Master Direction - Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016. The Reserve Bank of India (the Bank), having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage… Read More

Financial Literacy Centres – Revised reporting format

RBI/2016-17/40 FIDD.FLC.BC.No.12/12.01.018/2016-17 August 25, 2016 To Chairman/MD & CEO Scheduled Commercial Banks (Including RRBs) Dear Sir/Madam, Financial Literacy Centres - Revised reporting format Please refer to our circular FIDD.FLC.BC.No.18/12.01.018/2015-16 dated January 14, 2016 on Financial Literacy Centres (FLCs)-Revised guidelines enclosing therewith the reporting Mechanism (Annex III- Part A, B, and C) for FLCs and rural… Read More

Master Direction – Exemptions from the provisions of RBI Act, 1934

RBI/DNBR/2016-17/40 Master Direction DNBR.PD. 001/03.10.119/2016-17 August 25, 2016 Master Direction - Exemptions from the provisions of RBI Act, 1934 The Reserve Bank of India (the Bank), being satisfied that, in the public interest, and to enable the Bank to regulate the financial system of the country to its advantage, in exercise of the powers conferred… Read More

Master Direction – Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016

RBI/DNBR/2016-17/41 Master Direction DNBR.PD.005/03.10.119/2016-17 August 25, 2016 Master Direction - Miscellaneous Non-Banking Companies (Reserve Bank) Directions, 2016 The Reserve Bank of India (the Bank), having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage of the country, it… Read More

Partial Credit Enhancement (PCE) to Corporate Bonds

RBI/2016-17/43 DBR.BP.BC.No.5/21.04.142/2016-17 August 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Partial Credit Enhancement (PCE) to Corporate Bonds Please refer to the circular DBR.BP.BC.No.40/21.04.142/2015-16 dated September 24, 2015 on the captioned subject. 2. In terms of para II.6 of the above-mentioned circular, the aggregate exposure limit of all banks towards the PCE for a given… Read More