Corporate Law Reporter - The Daily Journal

SEBI | Mini derivative (Futures & Options) contract on Index (Sensex & Nifty)

Securities and Exchange Board of India Page 1 of 1 CIRCULAR CIR/DRMNP/4/2012 November 20, 2012 Managing Director/ Chief Executive Officer Recognized Stock Exchanges Dear Sir, Sub: Mini derivative (Futures & Options) contract on Index (Sensex & Nifty) 1. SEBI vide Circular No. SEBI/DNPD/Cir-33/2007 dated December 27, 2007 had permitted Stock Exchanges to introduce mini derivative… Read More

SEBI | Amendments to SEBI (Mutual Funds) Regulations, 1996

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/24/2012 November 19, 2012 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Circular on Mutual Funds A. Amendments to SEBI (Mutual Funds) Regulations, 1996 1. Please find enclosed a copy of the gazette notification No. LAD-NRO/GN/2012-13/17/21502 dated September 26, 2012… Read More

SEBI | Participation of mutual funds in Credit Default Swaps (CDS) Market as Users (“Protection Buyers”) and in repo, in corporate debt securities

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/23/2012 November 15, 2012 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Participation of mutual funds in Credit Default Swaps (CDS) Market as Users (Protection Buyers) and in repo, in corporate debt securities A. CDS mutual funds as users (protection buyers)… Read More

SEBI | Arbitration Mechanism in Stock Exchanges

Securities and Exchange Board of India CIRCULAR CIR/MRD/ICC/ 29 /2012 November 7, 2012 The Managing Director/Executive Director, All Stock Exchanges. Dear Madam/Sir, Subject: Arbitration Mechanism in Stock Exchanges 1. Reference may be made to circular no. CIR/MRD/DSA/29/2010 dated August 31,2010. In this regard, SEBI has received inputs regarding amount to be deposited by the investors… Read More

SEBI | Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

CIR/MRD/DP/ 28 /2012 November 02, 2012 To, All Stock Exchanges Dear Sir / Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement It is observed from the information provided by the depositories that the companies listed in Annexure ˜A™… Read More

SEBI | Change of Name in the Beneficial Owner (BO) Account

Securities and Exchange Board of India CIRCULAR CIR/MRD/DP/ 27 /2012 November 01, 2012 To, The Depositories, Dear Sir / Madam, Sub: Change of Name in the Beneficial Owner (BO) Account 1. In order to simplify the procedure of change of name in individual Beneficial Owner™s (BO) account, it has been decided that an individual BO… Read More

General Order – SEBI (Framework For Rejection Of Draft Offer Documents) Order, 2012

Page 1 of 1 Securities and Exchange Board of India CIRCULAR CIR/CFD/DIL/15/2012 October 15, 2012 To All Registered Merchant Bankers Dear Madam / Sir, Sub.: General Order - SEBI (Framework For Rejection Of Draft Offer Documents) Order, 2012 1. SEBI has, vide General Order dated October 9, 2012, notified framework for rejection of draft offer… Read More

MCA-Extends the due date for filing of Non XBRL-Form 23AC and Form 23ACA upto 24-11-2012

Due date of filing of e-forms 23AC (Non-XBRL) and 23ACA (Non XBRL) as per new schedule VI (applicable for the accounting year commencing on or after 1.4.2011 ) has been extended upto 24.11.2012 for Companies holding AGM or whose due date for holding AGM is on or after 21.09.2012. Such companies can now file these e Forms without any… Read More

CBEC-Seeks to provide duty exemption to ASTRA by amending notification No. 39/96-cus dt. 23/7/1996

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, dated the 19th November, 2012 Notification No. 58/2012-Customs G.S.R. 834 (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so… Read More

CBEC-Seeks to provide exemption to Project ASTRA by amending notification No. 64/95 -CE dt. 16/3/1995

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19th November, 2012 Notification No. 39/2012- Central Excise G.S.R. 833 (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that… Read More

RBI-Branch Authorisation Policy- Opening of Administrative/ Controlling Offices in Tier 1 Centres

RBI/2012-13/299 DBOD.NO.BAPD.BC. 60/22.01.001/2012-13 November 20, 2012 Kartika 29, 1934 (Saka) All Domestic Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorisation Policy- Opening of Administrative/ Controlling Offices in Tier 1 Centres Please refer to paragraphs 104-105 of the Second Quarter Review of Monetary Policy 2012-13 (extract enclosed), announced on October 30, 2012, wherein it has… Read More

CBEC-Authorized Economic Operator (AEO) programme for implementation ” Revised Guidelines

Circular No. 28/2012-Customs F.No.450/179/2009-Cus.IV(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** Room No.227-B, North Block, New Delhi, dated the 16th November, 2012 All Chief Commissioners of Customs / Customs (Prev.). All Chief Commissioners of Customs & Central Excise. All Commissioners of Customs / Customs (Prev.). All… Read More

RBI- ECB by Small Industries Development Bank of India (SIDBI)

RBI/2012-13/284 A.P. (DIR Series) Circular No. 48 November 6, 2012 To All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy ECB by Small Industries Development Bank of India (SIDBI) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Borrowing or Lending in Foreign… Read More