Monthly Archives: March 2014

SEBI : Format for Auditors’ Certificate required under Clause 24(i) of the Equity Listing Agreement

  Securities and Exchange Board of India (SEBI) vide its circular no. CIR/CFD/DIL/1/2014 dated March 25, 2014 clarified the following: Reference to SEBI Circular No. CIR/CFD/DIL/5/2013 dated February 4, 2013 and SEBI Circular No. CIR/CFD/DIL/8/2013 dated May 21, 2013 on … Continue reading

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SEBI : Enhancing disclosures, investor education & awareness campaign, developing alternative distribution channels for Mutual Fund products, etc.

  Securities and Exchange Board of India vide its circular no. CIR/IMD/DF/05/2014 dated March 24, 2014 clarified the following: SEBI has framed a Long Term Policy for Mutual Funds in India which inter alia includes enhancing the reach of Mutual … Continue reading

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Supersedes Notification No 5/2012-C.E.(N.T.) dt 12.03.2012; Chief Commissioner of Central Excise to order withdrawal of facilities or impose the restrictions as specified

  In pursuance of rule 12CCC of the Central Excise Rules, 2002, and rule 12AAA of the CENVAT Credit Rules, 2004 and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue, … Continue reading

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CENVAT Credit (Fifth Amendment) Rules, 2014 : Amendment in Rule 12AAA of the CENVAT Credit Rules, 2004

  Government of India, Ministry of Finance (Department of Revenue) vide its notification no. 15/2014-CE (NT) dated 21st March, 2014 hereby makes the following rules further to amend the CENVAT Credit Rules, 2004, namely:- 1.   (1) These rules may be called the CENVAT … Continue reading

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Central Excise (Second Amendment) Rules, 2014 : Amendment in Rule 12CCC of the Central Excise Rules, 2002

  Government of India, Ministry of Finance (Department of Revenue) vide its notification no. 14/2014-CE (NT) dated 21st March, 2014 hereby makes the following rules further to amend the Central Excise Rules, 2002, namely:- 1.   (1) These rules may be called the Central … Continue reading

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Central Excise : Rescinds Notification No 6/2012-C.E.(N.T.) dt 13.03.2012

  Government of India, Ministry of Finance (Department of Revenue) vide its notification no. 13/2014-CE (NT) dated 21st March, 2014 hereby rescinds the notification No. 6/2012- Central Excise (N.T.) dated the 13th March, 2012 published in the Gazette of India, Extraordinary, … Continue reading

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RBI : Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy

  Reserve Bank of India vide its notification no. RBI/2013-14/528 Dated March 21, 2014 issued to All NBFCs notified the following: Reference to the Framework for Revitalising Distressed Assets in the Economy (Framework)issued by the Reserve Bank on January 30, … Continue reading

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