Delhi HC asks District Courts to properly record appearances of advocates in order sheets, ET LegalWorld
The Delhi High Court has ordered all District Courts across the national Capital to properly record appearances of advocates in the order sheets and suggested implementing mechanisms like ‘drop-box’ and ‘chat box’ for recording court appearances. A Bench of Justice Sanjiv Narula was hearing a plea filed by an advocate challenging the exclusion of his […]
NSE announces November 2 as record date for 4:1 bonus issue, Legal News, ET LegalWorld
The board of the National Stock Exchange (NSE) announced on Tuesday that it has set November 2 as the record date for its 4:1 bonus share issue, which was announced earlier in May. This means that the company will issue 4 bonus shares for each share currently held by its shareholders. “The Bonus Equity Shares […]
Sebi accelerates bonus issue timeline; trade to begin on T+2 from record date, ET LegalWorld
In a bid to speed up the process of crediting and trading bonus shares, markets regulator Sebi on Monday introduced new guidelines, whereby investors will be able to trade bonus shares just two days after the record date starting October 1. The current ICDR (Issue of Capital and Disclosure Requirements) rules prescribe overall timelines regarding […]
RBI highlights regional disparities in agricultural lending despite record credit surge, ET LegalWorld
Regional disparities in lending to agriculture remain a concern even as institutional credit to agriculture reached an all-time high, Reserve Bank of India deputy governor Swaminathan J said. “A concerted focus on addressing regional imbalances, enhancing credit access, and integrating value chain financing is crucial for a more sustainable and resilient future for Indian agriculture,” […]
Kic Slaps Record Rs 3.2 Cr As Penalties In Four Months, ET LegalWorld
Disposing of Right to Information (RTI) appeals, the Karnataka Information Commission (KIC) has set a new benchmark by levying the highest penalty over the last four months, besides disposing of record appeals. Collectively, all the 10 benches of KIC, including the Kalaburagi bench, disposed of 1,273 cases between April and Aug 2024, by imposing a […]
Sebi proposes mandatory maintenance of communication record for 8 yrs, ET LegalWorld
Markets regulator Sebi on Thursday proposed to make it mandatory for all entities regulated by it to maintain communication records, including acknowledgements, for at least eight years. The move is aimed at improving regulatory compliance, increase transparency, protect investors’ interest and boost their confidence in the securities market. In its consultation paper, the regulator suggested […]