TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends Intermediaries Regulations: New Definition for 'Wilful Defaulter' and Schedule II Updates.</h1> The Securities and Exchange Board of India (SEBI) issued the Intermediaries (Amendment) Regulations, 2016, amending the 2008 regulations. Effective upon publication in the Official Gazette, the amendments include changes to regulation 2 and Schedule II. A new clause defines 'wilful defaulter' as individuals or entities categorized by banks or financial institutions per Reserve Bank of India guidelines, including those whose directors or promoters are so categorized. Schedule II is amended to include directors and promoters alongside principal officers and key management persons, and to note the absence of categorization as a wilful defaulter.
TaxTMI 
TaxTMI 
