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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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Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Rights Issue

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....ock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Rights Issue. 1. In the wake of developments relating to the Covid-19 pandemic, a number of suggestions have been received by SEBI from industry bodies and market participants for easing of cond....

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....n 99(a) the words 'three years' shall be read as 'eighteen months' (ii) In regulation 99(c) the words 'two hundred and fifty crores' shall be read as 'one hundred crores' (iii) In regulation 99(f) and its proviso the words 'three years' shall be read as 'eighteen months' (iv) Regulation 99(h) shall be read as under: "no show-cause notices, excluding under adjudication proceedings....

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....s laws through the consent or settlement mechanism with the Board" (vi) In regulation 99 (j) the words 'three years' shall be read as 'eighteen months'. (vii) Regulation 99 (m) shall be read as "For audit qualifications, if any, in respect of any of the financial years for which accounts are disclosed in the letter of offer, the issuer shall provide the restated financial statements adjustin....

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....ter of offer with SEBI: In regulation 3(b), proviso to regulation 3 and in regulation 60, the words 'ten crores' shall be read as 'twenty-five crores'. The eligibility and general conditions as specified in Regulation 61 & 62 respectively shall continue to apply. 3. These temporary relaxations are applicable for Right Issues that open on or before March 31, 2021. 4. The rel....

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