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AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        Case ID :
        FEMA & RBI

        Government Defers the Auction of Dated Securities Amounting to Rs. 15,000 Crore Scheduled on January 17, 2014

        January 15, 2014

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        On review of the Government of India’s cash position and funding requirement, it has been decided, in consultation with Reserve Bank of India(RBI), to defer the auction of Dated Securities amounting to Rs. 15,000 crore scheduled to be held on January 17, 2014 as per the issuance calendar for the Government of India dated securities during the second half of the current Financial Year.

        Deferred auction of dated securities suspended following cash-position review and consultation with central bank; issuance calendar adjusted. The government deferred the auction of Dated Securities scheduled for January 17, 2014 as per the issuance calendar for the second half of the financial year; the decision, taken after review of the government's cash position and funding requirement, was made in consultation with the central bank and suspends the announced public debt auction pending further scheduling.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Deferred auction of dated securities suspended following cash-position review and consultation with central bank; issuance calendar adjusted.

                                The government deferred the auction of Dated Securities scheduled for January 17, 2014 as per the issuance calendar for the second half of the financial year; the decision, taken after review of the government's cash position and funding requirement, was made in consultation with the central bank and suspends the announced public debt auction pending further scheduling.


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