PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
SEBI has introduced a new framework for Rights Issues, effective April 7, 2025, requiring completion within 23 working days from board approval. The circular establishes expedited timelines for various stages of the Rights Issue process, reduces minimum subscription period to seven days, and introduces flexibility for allotment to specific investors. Stock Exchanges and Depositories must develop an automated validation system for applications within six months. The framework includes detailed timelines for pre-issue activities (Board approval to issue closure) and post-issue activities (closure to listing and trading). Consequential amendments to the Master Circular on ICDR Regulations have been made to align with this streamlined process.
SEBI has introduced a new framework for Rights Issues, effective April 7, 2025, requiring completion within 23 working days from board approval. The circular establishes expedited timelines for various stages of the Rights Issue process, reduces minimum subscription period to seven days, and introduces flexibility for allotment to specific investors. Stock Exchanges and Depositories must develop an automated validation system for applications within six months. The framework includes detailed timelines for pre-issue activities (Board approval to issue closure) and post-issue activities (closure to listing and trading). Consequential amendments to the Master Circular on ICDR Regulations have been made to align with this streamlined process.
Note: It is a system-generated summary and is for quick reference only.