Minimum public unitholding compliance for REITs via prescribed issuance, sale, transfer and disclosure mechanisms under securities rules.
Regulation 14(2A) mandates listed REITs to achieve a Minimum Public Unitholding within a specified period. The Manager may use prescribed mechanisms-issuance to public, offer for sale by Sponsors/Manager and related parties via offer document or secondary market, rights or bonus issues with forgoing of entitlements by Sponsors/Manager, institutional placement, conditional open market sales subject to volume and disclosure constraints, or transfers to an ETF-subject to advance announcement, undertakings, legal compliance, and stock exchange monitoring.

Disclosure of non-cooperative issuers requires CRAs to publish and daily-update two segregated public lists and report compliance.
CRAs must publish two separate public lists of non-cooperative issuers-(i) listed or proposed-to-be-listed securities and (ii) other ratings-showing issuer name, date of categorisation as non-cooperative, and a link to the issuer's press releases; these disclosures must be updated daily. The obligation is effective July 15, 2023, with CRAs required to report board-ratified compliance within one quarter and subject to half-yearly internal audit monitoring under the CRA Regulations.

Self Customs Pass for Importer/Exporter introduced allowing eligible parties to apply digitally for customs passes via CBLMS.
A new digital Self Customs Pass application feature in the CBLMS portal permits importers or exporters transacting on their own account and employees acting for a person or firm to apply for customs passes in line with regulation 3(b) of CBLR 2018; a detailed user manual is available under the CBLMS "Knowledge Centre" tab for procedural guidance.

Investor Service Centres to ensure accessible complaint lodging, facilitation of arbitration and investor guidance across exchanges.
Investor Service Centres shall be maintained or expanded by stock exchanges, singly or jointly, to provide minimum facilities enabling investor information access, complaint lodging and dispute resolution. Facilities required include regional newspapers, internet-enabled computers, physical and electronic complaint receipt with a dedicated staff member, facilitation desks for grievance and arbitration applications, video-enabled arbitration access, meeting space, office infrastructure, a legal and educational library, and visitor records. Complaint status must be maintained electronically.

Annual secretarial compliance report requirement: REIT managers must appoint a practicing company secretary and file the specified report within the prescribed period.
SEBI requires the Manager of a REIT to appoint a practicing company secretary to examine compliance with applicable SEBI regulations and to produce an annual secretarial compliance report in the prescribed Annex A format. The Manager must file the report with stock exchanges within sixty days of the financial year end, annex it to the REIT's annual report, provide access to required documents and records for examination, and monitor corrective actions; stock exchanges will monitor compliance. The requirement is effective from the financial year 2023 24.

Annual secretarial compliance report requirement for InvITs mandates practitioner certification and filing with stock exchanges promptly.
The investment manager must appoint a practicing company secretary to examine compliance with applicable SEBI statutes, regulations, circulars and guidelines and prepare an annual secretarial compliance report in the prescribed format. The report must be filed with stock exchanges and annexed to the InvIT's annual report within sixty days of year end, disclose deviations, records maintained, any regulatory actions, and prior observations with actions taken, while stock exchanges will monitor compliance.

REITs must file quarterly and annual governance compliance reports in prescribed Annex formats within specified timelines.
Managers of REITs must submit a Compliance Report on Governance in prescribed Annex formats: Annex I quarterly within twenty-one days of each quarter end, Annex II annually within twenty-one days of the financial year end, and Annex III within three months of the financial year end; reports must be signed by the compliance officer or CEO and are to be filed with stock exchanges and included in the REIT's annual report.

Governance compliance reporting mandatory under SEBI requires quarterly filings in prescribed formats signed by the compliance officer or CEO.
Regulation 26K mandates the investment manager of an InvIT to submit a quarterly compliance report on governance to recognised stock exchanges within twenty-one days of quarter-end, signed by the compliance officer or CEO. SEBI prescribes three formats-Annex I (quarterly), Annex II (annual website and regulatory disclosures), and Annex III (annual affirmations)-detailing board and committee composition, meeting records, affirmations on compliance with InvIT Regulations, website disclosures, and annual attestations. Reports must be filed on time, included in the InvIT's annual report, and will be monitored by stock exchanges; effective from financial year 2023-24.

Compensation cess based on Retail Sale Price per unit; system mandates self declaration and provisional assessment procedures.
Levy of compensation cess is based on Retail Sale Price per unit; provisional assessment is allowed pending the GST Council. Where RSP is not legally required on packaging, RSP for provisional assessment shall be importer self declared, taking account of prices of identical or similar imported goods sold in India. The system requires Single Window declarations (GST, CCESS, RSP, Retail Sale Price, number of units) and will calculate cess as rate x RSP x units. Bills of entry under this notification will be assessed as provisional and a PD bond is required.

Appointment of Adjudicating Authority designates DGGI Adjudication officer to adjudicate specified show cause notices against company units.
In exercise of powers under rule 3(1) Central Excise Rules, 2017 read with clause (e) of sub section (2) of section 174 CGST Act, 2017, the CBIC appoints the Pr. Additional Director General/Additional Director General (Adjudication), DGGI, New Delhi as the Central Excise officer to adjudicate the show cause notices listed in the Table relating to Units 1, 7, 8, 9, 10 and 11 of M/s Vishnu Pouch Packaging Pvt. Ltd., each SCN being answerable to the Commissioner (CGST & CX), Ahmedabad North.

Auditor reporting obligations for fraud require prompt escalation to corporate governance and prescribed filing with the Central Government.
Statutory auditors must report fraud or suspected fraud discovered during an audit by promptly notifying the Board or Audit Committee and, where required, filing the prescribed statement with the Central Government in the specified form if follow-up responses are not received. Auditors must maintain professional scepticism, not be influenced by company legal opinions, and report even when not the first to identify the issue. Resignation does not absolve the duty to report nor prevent regulatory consequences for participation in fraudulent conduct.

SEZ approvals and extensions implemented with conditional terms, tax assessment rights and further due diligence required for some proposals.
The Board acted on SEZ governance matters including extensions of formal and in principle approvals and LoAs, approvals and deferrals of co developer status and area additions, cancellations of co developer status, setting up of new SEZs, renewals and monitoring directives, and conditional grant of an Industrial Licence under the IDR Act. Approvals were made subject to standard SEZ Act and Rules conditions, co developer agreements, DoC instructions on lease periods, area restrictions under SEZ Rules, and the Assessing Officer's right to examine taxability; several proposals were deferred for further due diligence or remanded for hearings.

GST registration functions are centrally assigned to designated officers, creating jurisdiction throughout the relevant territorial area.
Registration functions under sections 25 to 27 of the Delhi Goods and Services Tax Act, 2017 are assigned to Assistant Commissioners and GST Officers posted in the Centralized GST Registration Cell, known as Seva Kendra. The officers perform the registration-related functions of a Proper Officer throughout the National Capital Territory of Delhi, subject to the continuing registration arrangement and partial modification of the territorial-jurisdiction framework.

Advance Authorisation closure procedures allow physical redemption submissions and online EODC status updates; EOP extensions processed physically.
Authorisation holders must submit physical files for redemption and EOP extension to the concerned DGFT Regional Authority, which will examine and process EOP extension applications manually; upon RA approval, holders may submit online Closure/EODC Status Update requests via DGFT website Services Advance Authorisation Annual Advance Authorisation Closure/EODC Status update, and the RA must record any physical correspondence in the portal's correspondence section.

Online Norms Fixation now required for advance authorization applications; physical submissions will not be accepted.
DGFT requires all Norms Fixation and Review of Norms applications for advance authorization to be submitted exclusively via the new online Norms Fixation IT module on the DGFT website; no hard copy or email applications to the Norms Committee will be accepted, and applicants should consult the Help manual, FAQs, or DGFT Helpdesk channels for assistance.

UPI block collateral enables direct client-level settlement and CC debits to secure trading obligations without member custody.
SEBI introduces a supplementary UPI block facility allowing investors to block funds in favour of the clearing corporation for use as cash collateral and settlement without transferring funds to members. The CC will debit these blocks for client-level obligations, settlement follows two pay-in rounds and one pay-out with direct client pay-outs for compliant UPI-block clients, shortages are managed by debiting blocks or devolving residuals to clearing members, and securities collateral remains via pledge/re-pledge of approved instruments.

Waiver of late filing and detention charges for port disruptions due to cyclone, subject to evidentiary production.
Waiver is directed for detention, demurrage and late filing charges arising from the cyclone-related port disruption; Container Freight Stations, Shipping Lines and Terminals are requested to favorably consider waiver for the disruption period, and the late fee for belated Bills of Entry linked to affected containers/vessels is waived subject to production of evidentiary documents.

Amnesty scheme manual application allows exporters to submit hardcopy forms and payment proof for EODC issuance online.
Amnesty scheme applicants may use a stand alone manual form at amnestyscheme.in when authorisation data is missing from DGFT EODC or persistent technical issues prevent online filing. Applicants must print, sign and submit the form to the concerned Regional Authority with supporting documents and a computerised receipt, respond to the RA's confirmation by providing proof of payment to the Jurisdictional Customs Authority, and upon verification the RA may grant the EODC online in the DGFT EODC module; final EODC issuance is through the DGFT online module.

GST registration processing requires risk-based verification, prescribed timelines, centralised allocation, and monitoring to prevent non-genuine registrations.
GST registration applications are centrally processed by Seva Kendra, which handles only fresh applications and transfers post-registration matters to jurisdictional officers. Aadhaar-authenticated applications are ordinarily processed within seven working days, while non-authenticated, risk-flagged, or physically verified applications are processed within thirty days. Deficiency notices are issued in FORM GST REG-03 and answered in FORM GST REG-04; non-response or unsatisfactory clarification may lead to rejection with recorded reasons. Proper officers must scrutinise prior registrations, cancellations, tax liabilities and business genuineness. Physical verification may examine premises, business capability, ownership records, identity documents and tax records.

Verification of GST registrations strengthened: risk based scrutiny, document authentication, and mandatory physical verification where necessary.
Officers must promptly scrutinize FORM GST REG 01 and uploaded documents for legibility, completeness and authenticity, cross verify addresses and identity proofs with public sources, and consult DGARM/GSTN risk ratings to apply heightened scrutiny to high risk ARNs and PANs with adverse registration histories; deficiencies must be addressed by electronic notice (FORM GST REG 03), responses examined (FORM GST REG 04), and unsatisfactory or absent replies lead to rejection (FORM GST REG 05). Physical verification is required where Aadhaar authentication is absent or where officers deem it necessary, and registrations granted on deemed approval or in high risk cases must be physically verified without delay.