Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
SEBI has modified provisions allowing issuers to issue debt securities and non-convertible redeemable preference shares on private placement basis at a face value of Rs. 10,000, subject to conditions like appointing a merchant banker, offering interest/dividend bearing securities without structured obligations, and permitting specified credit enhancements verified by credit rating agencies. Existing clauses mandating Rs. 1 lakh face value for privately placed listed debt securities and Rs. 1 crore for certain other listed securities have been deleted. Trading lot shall always be equal to face value. The circular aims to encourage retail participation and enhance liquidity in the corporate bond market.
SEBI has modified provisions allowing issuers to issue debt securities and non-convertible redeemable preference shares on private placement basis at a face value of Rs. 10,000, subject to conditions like appointing a merchant banker, offering interest/dividend bearing securities without structured obligations, and permitting specified credit enhancements verified by credit rating agencies. Existing clauses mandating Rs. 1 lakh face value for privately placed listed debt securities and Rs. 1 crore for certain other listed securities have been deleted. Trading lot shall always be equal to face value. The circular aims to encourage retail participation and enhance liquidity in the corporate bond market.
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