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...
Regulator issues a circular prescribing timelines for issuers of listed or proposed-to-be-listed debt securities to submit information to debenture trustees to enable continuous due diligence. Issuers must provide quarterly security cover certificates, statements of pledged securities, and Debt Service Reserve Account or other security values within 60 days of each quarter end (75 days for the last quarter). Net worth certificates of personal guarantors are required half-yearly within 60 days, and corporate guarantor financials annually within 60 days of year-end. Valuation and title search reports for immovable or movable assets must be submitted once every three years within 60 days of financial year end. Provisions apply from the quarter ending December 31, 2025.
Regulator issues a circular prescribing timelines for issuers of listed or proposed-to-be-listed debt securities to submit information to debenture trustees to enable continuous due diligence. Issuers must provide quarterly security cover certificates, statements of pledged securities, and Debt Service Reserve Account or other security values within 60 days of each quarter end (75 days for the last quarter). Net worth certificates of personal guarantors are required half-yearly within 60 days, and corporate guarantor financials annually within 60 days of year-end. Valuation and title search reports for immovable or movable assets must be submitted once every three years within 60 days of financial year end. Provisions apply from the quarter ending December 31, 2025.
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