corporate law

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Market regulator SEBI imposed a penalty of Rs 17.5 lakh on Delhi-based broker Suresh Bharrat for alleged irregularities in trading of scrip of firms like Essar Oil, Suzlon and TCS in the future and options market. However, SEBI said no quantifiable figures were available to assess the disproportionate gain,..

India is contemplating imposition of anti-dumping duty on imports of viscose filament yarn to guard the domestic market from being flooded by cheap Chinese raw material used in the textile sector. The provisional anti-dumping duty would be equal to the difference between the benchmark price set by the Directorate General of Anti Dumping and Allied Duties (DGAD) and the landed price of the produ..

Government of India today approved the introduction of a new single, comprehensive law to govern the Indian corporate sector. The Bill is expected to be tabled in Parliament during the upcoming October session. As per PIB Press Release, The Union Cabinet today gave its approval for introduction of the span st..

ATTENTION MEMBERS   span style="font-size: 10pt; font-fa..

RBI/2008-09/484 DBOD. No. BP. BC. 135 /21.04.012/2008-09 May 26, 2009 The Chairman / CMD / MD / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Relax..

Senior Cabinet minister Kamal Nath on Monday said “new things would be thrown up” as the government fine-tunes the foreign direct investment policy. “This is a continuous process and new things would be thrown up as we move on,” N..

 GUIDELINES FOR FOREIGN INVESTMENT IN COMMODITY EXCHANGES p class="Default" align="center" style="text-align: center; margin-top: 0in; margin-right: 0in; margi..

RBI/2008-09/480 RPCD. CO. LBS.BC. No. 107/02.08.01/2008-09 May 22, 2009 The Chairman All Lead Banks Dear Sir, Formation of new district in Tamil Nadu –  Assignment of..

From August 1, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment. The details printed on your card including the card number, expiry date and three-digit card security code (pop..

The finance ministry is investigating the rampant misuse of bank drafts, which have turned tools for money launderers to transfer big sums of money. According to a report of the economic intelligence bureau of the finance ministry, ‘street financin..

 SEBI has notified the SEBI (Investor Protection and Education Fund) Regulations, 2009, on May 19, 2009, with a view to strengthening its activities for investor protection. The salient features of these regulations are as follows: The Fund shall be ..

 CHIEF GENERAL MANAGER Market Regulation Department Email: mdrao@sebi.gov.in MRD/DoP/ Cir-05/2009 May 20, 2009 To The Managing Directors / Chief Executive Officers / Executive Directors / Officiating Executive Directors of all the Stock Exchanges, Registrars to an Issue and Share Trans..

 The commerce ministry has initiated steps to reduce the time taken to develop Special Economic Zones (SEZs) by simplifying procedures to get the tax-free industrial enclaves notified. Developers will now be able to get their land classified as an SEZ at the initial stage of approval..

The Central Government has notified from today, i.e., 20th May, 2009, the provisions of the Competition Act, 2002 relating to anti-competitive agreements (section 3) and abuse of dominant position (section 4) alongwith other related and miscellaneous provisions...