Demutualisation safeguards: corporatisation scheme bars using exchange assets or reserves to enrich members, while vesting operations in a successor company.
The Scheme vests all assets, liabilities, rights and obligations of the unincorporated Stock Exchange - Ahmedabad in the newly incorporated Ahmedabad Stock Exchange Limited, requires incorporation of Scheme provisions into ASEL's constitutional documents, mandates separation of ownership and trading rights with limits on trading member board representation and voting, and prohibits use of exchange assets or reserves for allotment of shares or member enrichment, permitting their use only for discharge of current liabilities or exchange operations.

Demutualisation of a stock exchange approved, requiring re-registration, ownership trading separation and voting and governance limits.
SEBI approved ISE's corporatisation and demutualisation Scheme requiring re-registration as a company limited by shares, segregation of ownership and management from trading rights, incorporation of Scheme provisions into constitutional documents, allotment of equity to participating exchanges for re-registration, uniform admission standards for Trading Members while preserving pre-existing rights and liabilities, shareholding and voting constraints to ensure public ownership predominance and limit Trading Member voting power, governance composition limits with SEBI nomination rights, restrictions on asset utilisation, and transfer of clearing functions to a recognised clearing corporation within a prescribed period.

Demutualisation of stock exchange: separate ownership from trading rights, restrict member voting and ensure public majority shareholding.
Approval is granted for Bhubaneswar Stock Exchange's conversion into a company limited by shares and implementation of corporatisation and demutualisation measures: Members are allotted fully paid equity shares for conversion; trading rights are separable from ownership and governed by uniform admission standards; Trading Member representation on the Governing Board is limited and the Chief Executive is ex officio; Trading Members' collective voting is capped and public shareholding must constitute a majority; clearing functions must be transferred to a recognised Clearing Corporation within the prescribed period; assets and reserves are restricted to exchange liabilities and operations; compliance reporting to the regulator is required.

Demutualisation framework: corporatisation of exchange with public majority shareholding and limits on trading member voting rights.
SEBI approved SKSE's corporatisation and demutualisation Scheme under Section 4B SCRA, requiring segregation of ownership and management from trading rights, allotment of equity to members, incorporation of Scheme provisions into SKSE's constitutional documents, governing board composition limits including trading members' representation and ex officio CEO status, uniform admission standards and rights for Trading Members, a public majority shareholding requirement excluding trading shareholders, a cap on voting power of shareholder trading members, transfer of clearing functions to a recognised clearing corporation with SEBI approval, restrictions on use of assets and reserves, and ongoing compliance and reporting to SEBI.

Demutualisation requirements enforce segregation of ownership and trading rights, capping voting for trading-member shareholders and mandating majority public shareholding.
SEBI approves LSE's demutualisation Scheme requiring separation of ownership and management from trading rights, incorporation of Scheme provisions into corporate documents by the Due Date, limits on voting by shareholders who are trading members, a majority-public shareholding requirement excluding trading-right holders, transfer of clearing functions to a recognised Clearing Corporation within a prescribed period subject to SEBI approval, restrictions on use of assets and reserves for purposes other than discharging pre-existing liabilities and exchange operations, and ongoing compliance and reporting obligations to SEBI.

Corporatisation and demutualisation mandated with public majority shareholding and capped trading member voting rights, plus governance obligations.
The Scheme mandates conversion of MSEA into Magadh Stock Exchange Limited, separating ownership from trading rights, prescribing equity subscription and allotment, limiting representation of Members and Trading Members on the Governing Board, capping voting rights of trading member shareholders, requiring a public majority shareholding, providing for transfer of clearing functions to a recognised clearing corporation, restricting use of pre existing assets and reserves to specified liabilities and exchange business, and imposing continuing compliance and reporting obligations with SEBI oversight.

Demutualisation: approved scheme separates ownership from trading rights and limits trading-member control while requiring compliance.
Approval is granted to JSEL's corporatisation and demutualisation scheme, which separates ownership and management from trading rights, prescribes allotment of equity to members, requires incorporation of Scheme provisions into constitutional documents, limits trading-member representation on the Governing Board to one-fourth with the chief executive as ex officio director, caps voting rights of shareholders who are trading members, mandates a majority public shareholding excluding trading-right holders, standardizes admission and rights of trading members, restricts use of assets and reserves to pre Scheme liabilities and exchange operations, and requires transfer of clearing functions and regulator-directed compliance reporting.

Corporatisation and demutualisation: scheme mandates separation of ownership from trading rights, voting and shareholding controls.
Approval is granted to a scheme under section 4B of the SCRA for corporatisation and demutualisation of the Vadodara Stock Exchange, requiring re registration as a company limited by shares, allotment of equity to members subject to specified conditions, segregation of ownership from trading rights, limits on trading member representation and voting, incorporation of the Scheme into constitutional documents, transfer of clearing functions to a recognised clearing corporation, constraints on use of assets and reserves, and ongoing compliance and reporting to SEBI.

Corporatisation and demutualisation exemption: existing corporatised and demutualised exchange need not file a scheme, subject to approval and compliance.
The OTC Exchange of India, already corporatised and demutualised, is specified as not required to submit a scheme for corporatisation and demutualisation, provided it does not change its current corporatised and demutualised structure without prior approval and complies with further conditions that the regulator may impose from time to time.

Customs exemption amendment adds American Gem Society Laboratories to eligible laboratories, altering entry wording and scope.
The Government amends Notification No.55/2001 Customs by modifying condition (iv): omitting the word "and" from entry (e) and inserting a new entry (h) to recognise American Gem Society Laboratories (AGS Laboratories), with the amendment issued under public interest powers and published as Notification No.83/2005 Customs.

Exemption from listing and pricing requirements for issuers taking effective steps, subject to completion by a prescribed deadline.
The amendment creates time limited exemptions for GDR and FCCB issuers who had taken verifiable effective steps before the cut off: unlisted companies are exempted from prior or simultaneous listing provided they complete the issue by the completion deadline; listed companies issuing GDRs or FCCBs are exempted from the domestic pricing guidelines if they complete issuance by the same deadline. "Effective steps" are defined as filing the offering circular, obtaining overseas exchange approval, paying listing fees, or securing RBI approval for issue related expenses; private placements without an offering circular do not qualify.

Anti-dumping duty on potassium permanganate imports from China maintained to offset dumping and protect domestic industry.
The Central Government imposed continued anti-dumping duty on Potassium Permanganate imports originating in or exported from the People's Republic of China to offset dumping and injury, with specified per-metric-tonne duty rates differentiated by producer/exporter and an entry for goods exported via China. The duty supersedes the earlier notification, is effective until 11 March 2007, shall be paid in Indian currency, and uses the Government-specified rate of exchange as of the bill-of-entry date for calculation.

Appointment of Additional Director under PMLA empowering a Special Director to act for money laundering purposes.
The Central Government, exercising the power under Sub section (1) of Section 49 of the Prevention of Money laundering Act, 2002, appointed the Special Director then holding office under the Foreign Exchange Management Act, 1999, as the Additional Director for purposes of the Prevention of Money laundering Act with effect from the 1st day of July, 2005; the administrative order is dated 13th September, 2005 and was later superseded by a 2018 notification.

Special Economic Zone designation for apparel notified in specified Ahmedabad villages; territorial parcels and total area recorded.
Central Government notification designates specified villages in Ahmedabad district as a Special Economic Zone for apparel, listing the named villages and enumerated land parcels by survey and plot identifiers and recording the aggregate territorial extent to delimit the area subject to SEZ regulatory application.

Minimum investment threshold for EOUs establishes a plant and machinery floor, with sectoral exemptions and BOA discretion.
Amendment to the Foreign Trade Policy amends sub paragraph 6.6(d) to require a minimum investment in plant and machinery as an eligibility criterion for establishment as Export Oriented Units, while exempting existing units and specified sectors (EHTP/STP/BTP, handicrafts, agriculture, floriculture, aquaculture, animal husbandry, information technology, services, brass hardware and handmade jewellery) and preserving Board of Approval discretion to permit lower investment in appropriate cases.

Tax exemption for specified foreign suppliers: royalty and technical fees excluded from taxable income under notified agreement.
Statutory declaration excluding from total income the royalty and fees for technical services received by specified foreign companies under a government procurement and technology-transfer agreement for aircraft supplies and acquisition of manufacturing rights and engine technology.

Holding-period requirement removed from rule 2BB, altering the temporal condition for a specified tax entry.
The Income-tax (22nd Amendment) Rules 2005 amend the Income-tax Rules, 1962 by omitting the words and figures "for a period of more than 30 days" from column 2 against serial number 9 in the table to sub rule (2) of rule 2BB, pursuant to powers under section 295 read with clause (14)(ii) of section 10 of the Income-tax Act, 1961; the amendment is notified in Notification No. 197/2005 and is to come into force on 1 April 2006.

Customs exemption for non-conventional power project imports limits payable duty subject to certification and long-term supply agreements.
Exemption applies to imported machinery, components and auxiliary equipment for initial set up of projects generating power or compressed bio gas from specified non conventional materials, exempting duty in excess of a prescribed ad valorem rate. Conditions require a certificate from a designated Ministry officer, proof of a valid long term power purchase or municipal processing agreement where applicable, and an undertaking to use the goods for the specified purpose, with repayment liability for any unproved non use. The notification is time limited and has been amended by later notifications.

Excise exemption for non-conventional power projects requires ministerial certification and long-term purchase or municipal processing agreements.
The notification exempts all items of machinery and components required for initial setting up of projects generating power or Bio-CNG from specified non-conventional materials from the whole of excise duty, subject to a Deputy Secretary's certificate confirming necessity for project setup and proof to the Central Excise authority of a valid long-term power purchase agreement; exceptions apply for state-promoted utilities and municipal/urban waste projects where an agreement with the urban local body may substitute the PPA requirement.

Jurisdictional allocation of transfer pricing authorities reorganised, dividing taxpayers by name initials across specified territorial limits.
CBDT amends administrative jurisdiction by substituting entries to allocate three Joint Commissioners of Income tax (Transfer Pricing Officers I-III) at Mumbai responsible for the territorial limits of Maharashtra, Gujarat, Madhya Pradesh and Daman & Diu; taxpayers are assigned to TPO I, II or III based on the initial letter of their name (A-E, F-P, Q-Z) where they are assessed or assessable within the Assessing Officer's territorial office.