ZEUS Newsletter January 2023

Highlights: Corporate Brief RBI notification on revised regulatory framework in relation to categorization of the Urban Co-operative Banks (or UCBs). RBI notification on Individual Housing Loans- Revised limits under four-tiered regulatory framework. RBI notification on revision of criteria for classification of UCBs as Financially Sound and Well Managed. RBI notification on operation of branches and […]

ZEUS Newsletter December 2022

Highlights: Corporate Brief Circular dated 07.11.2022 issued by SEBI on the redressal of investor grievances through the SEBI Complaints Redress System (SCORES) platform. Circular dated 10.11.2022 issued by SEBI on the applicability of GST on Fees remitted to SBI. Notification dated 14.11.2022 issued by SEBI on (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2022. […]

ZEUS Newsletter November 2022

Highlights: Corporate Brief  RBI notification on appointment of Internal Ombudsman. RBI notification on Unhedged Foreign Currency Exposure Directions, 2022. RBI notification on Draft Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices SEBI notification on Cancellation, Suspension or Surrender of Certificate of Registration of a Credit Rating Agency. SEBI circular on reduction in […]

ZEUS Newsletter October 2022

Highlights: Corporate Brief  Notification issued by the Ministry of Corporate Affairs, Government of India on 20-09-2022 Amendment of the Companies (CSR Policy) Rules, 2014 of the Companies Act,2013. Circular No. 09/2022 dated 28.09.2022 issued by Ministry of Corporate Affairs in regard to Extension of time for filing e-form DIR-3-KYC and web-form DIR-3-KYC-WEB without fee.  Notification […]

ZEUS Newsletter September 2022

Highlights: Corporate Brief Reserve Bank of India Notification No. RBI/2022-23/98 dated 01.08.2022 on “External Commercial Borrowings (ECB) Policy – Liberalisation Measures Master Circular issued by the Reserve Bank of India on 02.08.2022 regarding Credit Facilities to Minority Communities Central Board of Indirect Taxes (CBIC) Circular No. 178/10/2022-GST dated 03.08.2022 clarifying GST applicability on liquidated damages, […]

ZEUS Newsletter August 2022

Highlights: Corporate Brief Circular dated 04.07.2022 issued by SEBI in regard to introduction of web-based Investor Grievance Redressal Mechanism. Gazette Notification No. S.O. 3210(E) dated 15.07.2022 issued by Ministry of Finance declaring ‘zero coupon zero principal instruments’ as securities. Circular dated 18.07.2022 issued by SEBI in regard to levying of Goods and Service Tax on […]