Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
SEBI introduced a special call auction mechanism for price discovery of listed Investment Companies (ICs) and Investment Holding Companies (IHCs) due to infrequent trading and low prices compared to book value. Eligibility criteria include 1-year listing, 50% assets in listed company scrips, and VWAP less than 50% of book value. Stock exchanges must coordinate special auctions, disclose relevant information, and ensure successful price discovery. The mechanism will operate once a year with risk management measures. The circular is u/s 11(1) of SEBI Act 1992 to protect investor interests and regulate the securities market.
SEBI introduced a special call auction mechanism for price discovery of listed Investment Companies (ICs) and Investment Holding Companies (IHCs) due to infrequent trading and low prices compared to book value. Eligibility criteria include 1-year listing, 50% assets in listed company scrips, and VWAP less than 50% of book value. Stock exchanges must coordinate special auctions, disclose relevant information, and ensure successful price discovery. The mechanism will operate once a year with risk management measures. The circular is u/s 11(1) of SEBI Act 1992 to protect investor interests and regulate the securities market.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
