Steel-timber construction shuttering/formwork tariff classification dispute: essential character held steel, classified as shuttering under Heading 73...
Family-linked property purchases using fabricated loan agreements and benami-style arrangements held to be crime proceeds; attachment upheld, appeal d...
Charitable tree plantation and maintenance for environmental preservation treated as "charitable activity", exempt from GST under Notification 12/2017...
Notification issues the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) (Second Amendment) Regulations, 2025, effective thirty days after publication in the Official Gazette. The amendment aligns the definition of "valuer" in regulation 2(1)(ww) of the 2021 Regulations with section 247 of the Companies Act, 2013, as amended from time to time. Regulation 34(1) is modified to require valuation by an independent registered valuer instead of a merchant banker, while permitting merchant bankers to complete ongoing valuation assignments within nine months of the amendment's commencement. Existing sub-regulations 34(2) and 34(3) are omitted.
Notification issues the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) (Second Amendment) Regulations, 2025, effective thirty days after publication in the Official Gazette. The amendment aligns the definition of "valuer" in regulation 2(1)(ww) of the 2021 Regulations with section 247 of the Companies Act, 2013, as amended from time to time. Regulation 34(1) is modified to require valuation by an independent registered valuer instead of a merchant banker, while permitting merchant bankers to complete ongoing valuation assignments within nine months of the amendment's commencement. Existing sub-regulations 34(2) and 34(3) are omitted.
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