Limitation period commencement and procedural inquiry rules: identity-based limitation upheld; complaints by authorised public servants need not attra...
Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Specified securities on which lock-in cannot be created may be recorded by depositories as non-transferable for the applicable lock-in period, providing an operational mechanism for pledged shares under the ICDR Regulations. The framework requires issuers to align their Articles of Association, issue necessary intimations to concerned lenders or pledgees, and make suitable disclosures in offer documents. Depositories have also updated their systems and processes to support implementation. Stock exchanges, depositories, merchant bankers and issuers must ensure compliance with this lock-in mechanism for pledged shares.
Specified securities on which lock-in cannot be created may be recorded by depositories as non-transferable for the applicable lock-in period, providing an operational mechanism for pledged shares under the ICDR Regulations. The framework requires issuers to align their Articles of Association, issue necessary intimations to concerned lenders or pledgees, and make suitable disclosures in offer documents. Depositories have also updated their systems and processes to support implementation. Stock exchanges, depositories, merchant bankers and issuers must ensure compliance with this lock-in mechanism for pledged shares.
Note: It is a system-generated summary and is for quick reference only.