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 mandated the implementation of MITRA (Mutual Fund Investment Tracing and Retrieval Assistant), a service platform jointly hosted by QRTAs CAMS and KFIN Technologies to help investors trace inactive and unclaimed mutual fund folios. An inactive folio is defined as one without investor-initiated transactions for 10 years but with existing unit balance. The platform aims to identify overlooked investments, encourage KYC compliance, reduce unclaimed folios, and prevent fraudulent redemptions. QRTAs must operationalize MITRA within 15 working days, with a 2-month beta launch period. The Unit Holder Protection Committee's responsibilities have been expanded to include reviewing inactive folios alongside unclaimed dividends and redemptions. The platform will be accessible through MF Central, AMCs, AMFI, QRTAs, and SEBI websites.
SEBI has mandated the implementation of MITRA (Mutual Fund Investment Tracing and Retrieval Assistant), a service platform jointly hosted by QRTAs CAMS and KFIN Technologies to help investors trace inactive and unclaimed mutual fund folios. An inactive folio is defined as one without investor-initiated transactions for 10 years but with existing unit balance. The platform aims to identify overlooked investments, encourage KYC compliance, reduce unclaimed folios, and prevent fraudulent redemptions. QRTAs must operationalize MITRA within 15 working days, with a 2-month beta launch period. The Unit Holder Protection Committee's responsibilities have been expanded to include reviewing inactive folios alongside unclaimed dividends and redemptions. The platform will be accessible through MF Central, AMCs, AMFI, QRTAs, and SEBI websites.
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