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 introduced a new framework for Mutual Fund Lite (MF Lite) schemes, allowing launch of passive funds tracking specified equity and debt indices. Key provisions include sponsor lock-in, networth and compliance requirements for MF Lite AMCs. Existing AMCs can hive off passive schemes to a separate MF Lite entity. Simplified disclosures, reduced trustee oversight, and relaxations in certain norms are permitted for passive schemes. Hybrid passive funds investing in equity and debt indices, close-ended debt passive funds based on target maturity indices, and disclosure of debt index replication factor are also introduced.
SEBI introduced a new framework for Mutual Fund Lite (MF Lite) schemes, allowing launch of passive funds tracking specified equity and debt indices. Key provisions include sponsor lock-in, networth and compliance requirements for MF Lite AMCs. Existing AMCs can hive off passive schemes to a separate MF Lite entity. Simplified disclosures, reduced trustee oversight, and relaxations in certain norms are permitted for passive schemes. Hybrid passive funds investing in equity and debt indices, close-ended debt passive funds based on target maturity indices, and disclosure of debt index replication factor are also introduced.
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