CKD/SKD air-conditioner components classifiable with finished units by essential character; prior advance ruling extended three years, FTA benefits po...
Scope of judicial review under Article 226: supervisory, not appellate; factual reappraisal barred, challenge dismissed; insolvency professional dutie...
Courier transshipment of imported goods via named carrier to air cargo stations renewed until 30.01.2026; exemption conditional, strict controls apply...
SEBI amends the Intermediaries Regulations, 2008 by defining "days" as calendar days unless otherwise specified, revising the fit-and-proper framework in Schedule II, and tightening disclosure and replacement requirements. The amendment expands the events relevant to fitness assessment, requires the applicant or intermediary to notify SEBI within fifteen working days of specified events, and provides that a person may be declared not fit and proper only after a reasonable opportunity of hearing. It also shortens the remedial period in clause 5 to six months, clarifies that an associate or group entity's adverse declaration does not automatically affect the applicant or intermediary, and requires replacement or divestment for certain declared persons within prescribed periods.
SEBI amends the Intermediaries Regulations, 2008 by defining "days" as calendar days unless otherwise specified, revising the fit-and-proper framework in Schedule II, and tightening disclosure and replacement requirements. The amendment expands the events relevant to fitness assessment, requires the applicant or intermediary to notify SEBI within fifteen working days of specified events, and provides that a person may be declared not fit and proper only after a reasonable opportunity of hearing. It also shortens the remedial period in clause 5 to six months, clarifies that an associate or group entity's adverse declaration does not automatically affect the applicant or intermediary, and requires replacement or divestment for certain declared persons within prescribed periods.
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