Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
IFSCA-regulated entities may access the systems of SEBI-registered KYC Registration Agencies to undertake client KYC, enabling interoperability and information sharing. Entities accessing KRA systems become subject to the SEBI KRA Regulations and must comply with the applicable KYC norms prescribed in the securities-market Master Circular, as amended. Where clients are registered as Foreign Portfolio Investors, such entities must also comply with the prescribed data-security guidelines for FPIs, designated depository participants and eligible foreign investors. These requirements apply with immediate effect.
IFSCA-regulated entities may access the systems of SEBI-registered KYC Registration Agencies to undertake client KYC, enabling interoperability and information sharing. Entities accessing KRA systems become subject to the SEBI KRA Regulations and must comply with the applicable KYC norms prescribed in the securities-market Master Circular, as amended. Where clients are registered as Foreign Portfolio Investors, such entities must also comply with the prescribed data-security guidelines for FPIs, designated depository participants and eligible foreign investors. These requirements apply with immediate effect.
Note: It is a system-generated summary and is for quick reference only.