Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
SEBI amends the Custodian Regulations to replace annual fee references with monthly fee references across the fee and reporting provisions, with effect from 1 October 2026. The Second Schedule is revised to prescribe a monthly fee structure, require payment within 15 days after each month ends, and provide proportionate monthly fee for custodians registered after commencement. Custodians registered before commencement must pay proportionate annual fee for the year of commencement and monthly fee thereafter, with any annual fee already paid for a period overlapping commencement to be proportionately adjusted against the revised liability.
SEBI amends the Custodian Regulations to replace annual fee references with monthly fee references across the fee and reporting provisions, with effect from 1 October 2026. The Second Schedule is revised to prescribe a monthly fee structure, require payment within 15 days after each month ends, and provide proportionate monthly fee for custodians registered after commencement. Custodians registered before commencement must pay proportionate annual fee for the year of commencement and monthly fee thereafter, with any annual fee already paid for a period overlapping commencement to be proportionately adjusted against the revised liability.
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