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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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Adjustment in Stock Option Contracts and Single Stock Futures Contracts at the time of Corporate Action

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Full Text of the Document

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....justment in Stock Option Contracts and Single Stock Futures Contracts at the time of Corporate Action. This is in continuation with SEBI Circular No.SMDRP/DC/CIR-8/01 dated June 21, 2001 and SEBI Circular No.SMD/DC/Cir-10/01 dated November 2, 2001 regarding adjustment in derivative contracts at the time of corporate action. The aforesaid circulars were addressed to SEBI approved Derivative Exchan....

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Full Text of the Document

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....Stock Exchange of India Ltd (NSE)) in the treatment of corporate actions, the sub-committee of the ACD constituted to determine the manner of adjustment in derivative contracts at the time of corporate action, is being dissolved. The Exchanges may now determine the manner of adjustment in derivative contracts at the time of corporate actions in conformity with the following principles:- * The b....

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