Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
The circular issued by SEBI on April 24, 2024, addresses the ease of doing business by amending the requirement of publishing 'fit and proper' status on contract notes. The relaxation, u/s 11(1) of the SEBI Act, eliminates the need to include the text of Regulation 19 of the SCR(SECC) Regulations, 2018 on contract notes. Instead, a reference to the applicable regulation must be made by mentioning the URL/weblink. Stock Exchanges must amend bye-laws, rules, and regulations accordingly and inform members about the changes. This action aims to streamline processes and protect investors' interests in the securities market.
The circular issued by SEBI on April 24, 2024, addresses the ease of doing business by amending the requirement of publishing 'fit and proper' status on contract notes. The relaxation, u/s 11(1) of the SEBI Act, eliminates the need to include the text of Regulation 19 of the SCR(SECC) Regulations, 2018 on contract notes. Instead, a reference to the applicable regulation must be made by mentioning the URL/weblink. Stock Exchanges must amend bye-laws, rules, and regulations accordingly and inform members about the changes. This action aims to streamline processes and protect investors' interests in the securities market.
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