Educational approval requires mandatory State registration, but incidental surplus and trustee-owned land do not prove private benefit or profit motiv...
Judicial review of settlement orders cannot reopen settled customs notices, while statutory interest remains subject to verification and quantificatio...
Customs Broker licence lending for consideration justified revocation where exporter authorisation and client verification obligations were also breac...
Fraudulent import documents suspend limitation protection, while redemption of confiscated goods requires duty and interest despite bona fide purchase...
ODR arbitration participation remains mandatory after failed conciliation, while jurisdictional and maintainability objections stay available before t...
Transparency in technical bid evaluation requires disclosed standards and recorded reasons; opaque scoring invalidated tender awards and required fres...
Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisation...
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SEBI amended the Buy-Back of Securities Regulations, 2018 to tighten open market buy-back conditions and timelines. From 1 August 2026, open market buy-back through stock exchange must be below 15% of paid-up capital and free reserves, assessed on standalone and consolidated financials, and a company may not propose buy-back that breaches minimum public shareholding norms. The amendments also prescribe fresh announcement, opening and closing timelines, require electronic intimation to existing shareholders, freeze promoter and promoter group holdings at ISIN level during the offer period, and make merchant banker appointment discretionary, with specified compliance duties shifting to the company and other named intermediaries.
SEBI amended the Buy-Back of Securities Regulations, 2018 to tighten open market buy-back conditions and timelines. From 1 August 2026, open market buy-back through stock exchange must be below 15% of paid-up capital and free reserves, assessed on standalone and consolidated financials, and a company may not propose buy-back that breaches minimum public shareholding norms. The amendments also prescribe fresh announcement, opening and closing timelines, require electronic intimation to existing shareholders, freeze promoter and promoter group holdings at ISIN level during the offer period, and make merchant banker appointment discretionary, with specified compliance duties shifting to the company and other named intermediaries.
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