Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
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 notification amends the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, by inserting a new Chapter IIIA titled "Restriction in Dealing with Other Entities." The key provisions restrict persons regulated by SEBI or their agents from having direct or indirect association with individuals providing advice, recommendations or claims about securities without SEBI's permission. Exceptions are allowed for specified digital platforms with preventive mechanisms. The amendment empowers SEBI to take action against violators under Chapter V of the regulations. Relevant definitions of terms like "person regulated by the Board," "association," and "specified digital platform" are provided.
This notification amends the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, by inserting a new Chapter IIIA titled "Restriction in Dealing with Other Entities." The key provisions restrict persons regulated by SEBI or their agents from having direct or indirect association with individuals providing advice, recommendations or claims about securities without SEBI's permission. Exceptions are allowed for specified digital platforms with preventive mechanisms. The amendment empowers SEBI to take action against violators under Chapter V of the regulations. Relevant definitions of terms like "person regulated by the Board," "association," and "specified digital platform" are provided.
Note: It is a system-generated summary and is for quick reference only.