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...
SEBI issued a circular modifying the framework for Offer for Sale (OFS) of shares to employees through stock exchange mechanism. Employees will now place bids at the cut-off price of T day instead of T+1 day as previously prescribed. The allotment price will be based on the cut-off of the T day. All other provisions of previous circulars remain unchanged. The circular will be effective 30 days from issuance. Market Infrastructure Institutions (MIIs) are instructed to implement necessary systems, amend bye-laws, and inform market participants. The circular is u/s 11(1) of SEBI Act 1992 and related regulations to safeguard investor interests and regulate the securities market.
SEBI issued a circular modifying the framework for Offer for Sale (OFS) of shares to employees through stock exchange mechanism. Employees will now place bids at the cut-off price of T day instead of T+1 day as previously prescribed. The allotment price will be based on the cut-off of the T day. All other provisions of previous circulars remain unchanged. The circular will be effective 30 days from issuance. Market Infrastructure Institutions (MIIs) are instructed to implement necessary systems, amend bye-laws, and inform market participants. The circular is u/s 11(1) of SEBI Act 1992 and related regulations to safeguard investor interests and regulate the securities market.
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