Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
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SEBI amends the Alternative Investment Funds Regulations to require scheme applications to be filed with prescribed fees, while exempting an AIF's first scheme from scheme fees. The filing period under regulation 12(2) is reduced to ten working days, and the requirement is revised from submitting fees to submitting Board-specified documents. SEBI may provide comments after filing, which the merchant banker or manager must ensure are complied with. The filing, comment and compliance requirements do not apply to an Accredited Investors only fund. The amendments also remove the requirement to act through a merchant banker under regulation 19D(4) and omit regulation 19D(5).
SEBI amends the Alternative Investment Funds Regulations to require scheme applications to be filed with prescribed fees, while exempting an AIF's first scheme from scheme fees. The filing period under regulation 12(2) is reduced to ten working days, and the requirement is revised from submitting fees to submitting Board-specified documents. SEBI may provide comments after filing, which the merchant banker or manager must ensure are complied with. The filing, comment and compliance requirements do not apply to an Accredited Investors only fund. The amendments also remove the requirement to act through a merchant banker under regulation 19D(4) and omit regulation 19D(5).
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