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 mandates external performance evaluation of Market Infrastructure Institutions' (MIIs) statutory committees every three years, establishing a standardized framework with three key criteria: Roles & Responsibilities (40%), Meeting Effectiveness (30%), and Governance (30%). Independent external agencies must obtain SEBI's NOC before appointment and demonstrate relevant expertise without conflicts of interest. Initial evaluation covers FY 2024-25 with reporting by September 2025, followed by three-year evaluation blocks. MIIs must also conduct annual internal evaluations of their performance and statutory committees, with first reports due for FY 2024-25. Implementation required within 30 days of issuance, with necessary amendments to bylaws and regulations for compliance.
SEBI mandates external performance evaluation of Market Infrastructure Institutions' (MIIs) statutory committees every three years, establishing a standardized framework with three key criteria: Roles & Responsibilities (40%), Meeting Effectiveness (30%), and Governance (30%). Independent external agencies must obtain SEBI's NOC before appointment and demonstrate relevant expertise without conflicts of interest. Initial evaluation covers FY 2024-25 with reporting by September 2025, followed by three-year evaluation blocks. MIIs must also conduct annual internal evaluations of their performance and statutory committees, with first reports due for FY 2024-25. Implementation required within 30 days of issuance, with necessary amendments to bylaws and regulations for compliance.
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