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...
The regulator amends capital-raising rules to revise anchor investor allocation in Schedule XIII: for issues up to ₹250 crore, 2-15 anchor investors are permitted with a minimum allotment of ₹5 crore each; for amounts above ₹250 crore, at least 5 and up to 15 anchors apply to the first ₹250 crore, plus an additional 15 anchors for each further ₹250 crore or part thereof, each with a ₹5 crore minimum. Forty percent of the anchor portion is reserved (33.33% for domestic mutual funds; 6.67% for life insurers and pension funds), with any under-subscription in the latter reallocated to domestic mutual funds; definitions provided. Effective 30 days after Gazette publication.
The regulator amends capital-raising rules to revise anchor investor allocation in Schedule XIII: for issues up to ₹250 crore, 2-15 anchor investors are permitted with a minimum allotment of ₹5 crore each; for amounts above ₹250 crore, at least 5 and up to 15 anchors apply to the first ₹250 crore, plus an additional 15 anchors for each further ₹250 crore or part thereof, each with a ₹5 crore minimum. Forty percent of the anchor portion is reserved (33.33% for domestic mutual funds; 6.67% for life insurers and pension funds), with any under-subscription in the latter reallocated to domestic mutual funds; definitions provided. Effective 30 days after Gazette publication.
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