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Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
This circular modifies the timelines for Credit Rating Agencies (CRAs) regarding communication of ratings to issuers, handling appeals, and dissemination of press releases after periodic surveillance. It mandates CRAs to communicate ratings within 1 working day, allow 3 working days for issuers to appeal, and disseminate press releases within 7 working days of the rating committee meeting. It clarifies the duration for maintaining certain disclosures on websites while requiring records for 10 years. The changes aim to promote ease of doing business and uniformity in appeals. The circular is applicable from August 1, 2024, and compliance will be monitored through internal audits mandated by regulations.
This circular modifies the timelines for Credit Rating Agencies (CRAs) regarding communication of ratings to issuers, handling appeals, and dissemination of press releases after periodic surveillance. It mandates CRAs to communicate ratings within 1 working day, allow 3 working days for issuers to appeal, and disseminate press releases within 7 working days of the rating committee meeting. It clarifies the duration for maintaining certain disclosures on websites while requiring records for 10 years. The changes aim to promote ease of doing business and uniformity in appeals. The circular is applicable from August 1, 2024, and compliance will be monitored through internal audits mandated by regulations.
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