Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
Intermediary service classification fails where overseas admission facilitation is supplied independently, preserving export treatment and small-provi...
Satellite transponder bandwidth is telecommunication, not Business Support Service; foreign non-telegraph providers triggered no service tax liability...
Commitment proceedings gain extended timelines, structured defect refiling, and automatic resumption of inquiry after the adjusted completion period e...
The key outcomes from the amendments are: The listed entity shall promptly disclose audio and video recordings of quarterly earnings calls, with transcripts submitted within 5 working days. Listed entities ranked 1001-2000 by market cap shall endeavor to have at least one woman independent director and may constitute a risk management committee. Certain disclosure requirements were eased for dividends, share transfers, and mergers of wholly-owned subsidiaries. Time periods were revised for disclosing financial results after insolvency proceedings, fixing record dates, and intimating board meetings. Disclosure thresholds were enhanced for acquisition of shares in unlisted firms and imposition of penalties. Certain compliance requirements were relaxed for entities with approved insolvency resolution plans.
The key outcomes from the amendments are: The listed entity shall promptly disclose audio and video recordings of quarterly earnings calls, with transcripts submitted within 5 working days. Listed entities ranked 1001-2000 by market cap shall endeavor to have at least one woman independent director and may constitute a risk management committee. Certain disclosure requirements were eased for dividends, share transfers, and mergers of wholly-owned subsidiaries. Time periods were revised for disclosing financial results after insolvency proceedings, fixing record dates, and intimating board meetings. Disclosure thresholds were enhanced for acquisition of shares in unlisted firms and imposition of penalties. Certain compliance requirements were relaxed for entities with approved insolvency resolution plans.
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