Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
The circular mandates PCMs to include Annexure 3 in System Audits and submit information on major/minor NCs as per Annexure 4. The System Audit report, including compliance with SEBI/CCs guidelines and the status of previous observations, must be presented to the PCM's Governing Board and communicated to CCs within a month of audit completion. CCs are advised to create a uniform penalty structure for timely submission and closure of audit observations. Effective immediately, the first audit is for FY 2023-24. Issued u/s 11(1) of SEBI Act, 1992, the circular aims to protect investors and regulate the securities market. Available on SEBI's website.
The circular mandates PCMs to include Annexure 3 in System Audits and submit information on major/minor NCs as per Annexure 4. The System Audit report, including compliance with SEBI/CCs guidelines and the status of previous observations, must be presented to the PCM's Governing Board and communicated to CCs within a month of audit completion. CCs are advised to create a uniform penalty structure for timely submission and closure of audit observations. Effective immediately, the first audit is for FY 2023-24. Issued u/s 11(1) of SEBI Act, 1992, the circular aims to protect investors and regulate the securities market. Available on SEBI's website.
Note: It is a system-generated summary and is for quick reference only.
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