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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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SEBI updates Insider Trading Regulations in 2024: 120-day restriction, trade execution rules, trading plan procedures.

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Full Text of the Document

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....The Securities and Exchange Board of India (SEBI) issued the (Second Amendment) Regulations in 2024 to amend the Prohibition of Insider Trading Regulations, 2015. The key amendments include reducing the trading restriction period to 120 calendar days, specifying parameters for trade execution, and introducing procedures for non-implementation of trading plans. The compliance officer must approve trading plans within two trading days, and the insider must adhere to set price limits for trades. These amendments aim to enhance transparency and prevent insider trading activities in the securities market.....