Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
SEBI has withdrawn the requirement for issuer companies to deposit 1% of the issue size with the designated stock exchange prior to a public offering, as per the amendment to the ICDR Regulations in May 2024. The Master Circular on issuance of No Objection Certificate for release of the 1% deposit stands withdrawn. Stock exchanges must frame a joint SOP for releasing previously deposited 1% amounts. The circular is applicable immediately, and exchanges must notify listed companies, update bylaws, and implement the changes. The move aims to facilitate ease of doing business for issuer companies undertaking public offerings.
SEBI has withdrawn the requirement for issuer companies to deposit 1% of the issue size with the designated stock exchange prior to a public offering, as per the amendment to the ICDR Regulations in May 2024. The Master Circular on issuance of No Objection Certificate for release of the 1% deposit stands withdrawn. Stock exchanges must frame a joint SOP for releasing previously deposited 1% amounts. The circular is applicable immediately, and exchanges must notify listed companies, update bylaws, and implement the changes. The move aims to facilitate ease of doing business for issuer companies undertaking public offerings.
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