Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
SEBI has decided to reduce the timeline for listing of debt securities and non-convertible redeemable preference shares (NCRPS) issued through public issues from T+6 working days to T+3 working days. This move aims to facilitate faster access to funds for issuers and provide early credit and liquidity for investors. Initially, the T+3 listing timeline will be optional for issuers for one year, after which it will become mandatory. During the voluntary period, provisions related to refund of application money will apply only after T+6 days, even if the issuer opts for T+3 listing but fails to meet it. The circular provides an indicative timeline for activities involved in the public issue process under the T+3 regime. Stock exchanges will monitor compliance and the provisions will be applicable from November 1, 2024 on a voluntary basis and November 1, 2025 mandatorily.
SEBI has decided to reduce the timeline for listing of debt securities and non-convertible redeemable preference shares (NCRPS) issued through public issues from T+6 working days to T+3 working days. This move aims to facilitate faster access to funds for issuers and provide early credit and liquidity for investors. Initially, the T+3 listing timeline will be optional for issuers for one year, after which it will become mandatory. During the voluntary period, provisions related to refund of application money will apply only after T+6 days, even if the issuer opts for T+3 listing but fails to meet it. The circular provides an indicative timeline for activities involved in the public issue process under the T+3 regime. Stock exchanges will monitor compliance and the provisions will be applicable from November 1, 2024 on a voluntary basis and November 1, 2025 mandatorily.
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