Money laundering property attachment and third-party encumbrance rights clarified; prior bona fide interests enforceable before confiscation, appeals ...
Profiteering in construction services for failure to pass input tax credit resulted in repayment exceeding the commensurate benefit and closure of pro...
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
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