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...
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.
Note: It is a system-generated summary and is for quick reference only.