SEBI Revises AIF Norms | Tenure for Large Value Close-Ended AIFs for Accredited Investors Can Be Extended Up to 5 Years

Notification No. SEBI/LAD-NRO/GN/2024/198, Dated: 05.08.2024 … Continue reading “SEBI Revises AIF Norms | Tenure for Large Value Close-Ended AIFs for Accredited Investors Can Be Extended Up to 5 Years”

Madras HC Stayed Recovery Proceedings Till Disposal of Application for Waiver of Interest as per GST Council Recommendations

Case Details: Unitac Energy Solutions … Continue reading “Madras HC Stayed Recovery Proceedings Till Disposal of Application for Waiver of Interest as per GST Council Recommendations”

SEBI Eases REITs/InvITs Nomination Rules Where Nominee Director Appointment Is Allowed Under Debenture Trustee Norms

Circular No. SEBI/HO/DDHS/DDHS-PoD-2/P/CIR/2024/108; Dated: 06.08.2024 … Continue reading “SEBI Eases REITs/InvITs Nomination Rules Where Nominee Director Appointment Is Allowed Under Debenture Trustee Norms”

RBI Modifies Interest Subvention Scheme for Short-Term Loans for Agriculture and Allied Activities Via Kisan Credit Card

Circular No. RBI/2024-25/59 FIDD.CO.FSD.BC.No.8/05.02.001/2024-25, Dated: … Continue reading “RBI Modifies Interest Subvention Scheme for Short-Term Loans for Agriculture and Allied Activities Via Kisan Credit Card”

IBBI Issues Guidelines for CoC to Maximize Corporate Debtor’s Asset Value Through Objective Decision-Making

IBBI Guidelines; Dated: 06.08.2024 IBBI … Continue reading “IBBI Issues Guidelines for CoC to Maximize Corporate Debtor’s Asset Value Through Objective Decision-Making”

Govt. Notifies Effective Date for Applicability of Mandatory Distribution by ISD and Penalty Provisions for Tobacco Manufacturers

Notification No. 16/2024-Central Tax dated … Continue reading “Govt. Notifies Effective Date for Applicability of Mandatory Distribution by ISD and Penalty Provisions for Tobacco Manufacturers”

Creditor’s Partial Recovery From Surety Under an Agreement Doesn’t Extinguish Remaining Debt Owed by Borrower | SC

Case Details: BRS Ventures V. … Continue reading “Creditor’s Partial Recovery From Surety Under an Agreement Doesn’t Extinguish Remaining Debt Owed by Borrower | SC”