Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
This notification amends the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994. It expands the definition of "bankers to an issue" to include providing escrow services, opening separate bank accounts for public offers, and other activities specified by SEBI. It mandates obtaining SEBI registration to act as a banker to an issue. The amendment aims to enhance regulatory oversight and streamline processes related to public issuances and corporate actions involving bankers.
This notification amends the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994. It expands the definition of "bankers to an issue" to include providing escrow services, opening separate bank accounts for public offers, and other activities specified by SEBI. It mandates obtaining SEBI registration to act as a banker to an issue. The amendment aims to enhance regulatory oversight and streamline processes related to public issuances and corporate actions involving bankers.
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