Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The circular issued by SEBI prohibits persons regulated by the Board, including stock exchanges, clearing corporations, depositories, and their agents, from having direct or indirect association with individuals or entities that provide investment advice, recommendations, or performance claims related to securities, unless registered or permitted by SEBI. This restriction does not apply to associations through specified digital platforms approved by SEBI with mechanisms to prevent unauthorized activities. Investor education activities are exempted from this prohibition. Regulated entities must terminate existing contracts with non-compliant persons within three months. The circular aims to protect investors and promote securities market development by regulating unauthorized investment advisory and performance claim activities.
The circular issued by SEBI prohibits persons regulated by the Board, including stock exchanges, clearing corporations, depositories, and their agents, from having direct or indirect association with individuals or entities that provide investment advice, recommendations, or performance claims related to securities, unless registered or permitted by SEBI. This restriction does not apply to associations through specified digital platforms approved by SEBI with mechanisms to prevent unauthorized activities. Investor education activities are exempted from this prohibition. Regulated entities must terminate existing contracts with non-compliant persons within three months. The circular aims to protect investors and promote securities market development by regulating unauthorized investment advisory and performance claim activities.
Note: It is a system-generated summary and is for quick reference only.