Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
The Master Circular for Commodity Derivatives Segment issued by SEBI consolidates circulars up to March 31, 2023. It replaces previous circulars and applies to stock exchanges with commodity derivatives segments. Existing actions under repealed circulars are deemed valid under the new Master Circular. SEBI's authority u/s 11(1) of the SEBI Act, 1992 is invoked to protect investor interests and regulate the securities market. Compliance by stock exchanges and clearing corporations is mandatory.
The Master Circular for Commodity Derivatives Segment issued by SEBI consolidates circulars up to March 31, 2023. It replaces previous circulars and applies to stock exchanges with commodity derivatives segments. Existing actions under repealed circulars are deemed valid under the new Master Circular. SEBI's authority u/s 11(1) of the SEBI Act, 1992 is invoked to protect investor interests and regulate the securities market. Compliance by stock exchanges and clearing corporations is mandatory.
Note: It is a system-generated summary and is for quick reference only.
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