Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
SEBI amended the Depositories and Participants Regulations, 2025, introducing significant governance modifications for depositories. The amendment establishes new provisions regarding non-independent director appointments and public interest director transfers, mandating a cooling-off period for inter-depository appointments. Specifically, non-independent directors can be appointed to recognized stock exchanges or clearing corporations only after a predetermined cooling-off period, with prior SEBI approval. Public interest directors are now subject to similar inter-organizational transfer restrictions, ensuring regulatory compliance and preventing potential conflicts of interest in financial institutional governance.
SEBI amended the Depositories and Participants Regulations, 2025, introducing significant governance modifications for depositories. The amendment establishes new provisions regarding non-independent director appointments and public interest director transfers, mandating a cooling-off period for inter-depository appointments. Specifically, non-independent directors can be appointed to recognized stock exchanges or clearing corporations only after a predetermined cooling-off period, with prior SEBI approval. Public interest directors are now subject to similar inter-organizational transfer restrictions, ensuring regulatory compliance and preventing potential conflicts of interest in financial institutional governance.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
