Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: form 3cd :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT Audit :: empanelment :: due date for vat payment :: TDS :: ACCOUNTING STANDARDS
 
 
« General »
 Slow tax growth reflects companies' GST troubles
 What is PAN card? Why is it important?
 Govt to cut down executive discretion on tax laws
 Businesses can start filing July returns on GSTN from August 5
 Are you earning abroad? Know the tax rules
 Attention last minute tax filers! Know about key changes made by govt this year
 Accounting relief for IndAS companies
 How you can reduce your tax to zero if you have income within Rs 10 lakh
 NRIs’ overseas bank info needed only for tax refund
 Non-performance: I-T dept transfers 245 commissioners
 Income Tax efiling: Tax implications resulting from clubbing of income

SEBI declares earlier order null and void
November, 10th 2009

An issue with regard to NSDL has been raging. But finally the SEBI board has decided that the order of a two-member committee of SEBI stands null and void, reports CNBC-TV18s Priyal Guliani.

This has been a debate since January. Just to give you a perspective, in December 2008 a two member committee that was assigned, once Mr Bhave took over as the Chairman of Sebi and recused himself from the issue of Sebi versus NSDL in the IPO irregularities that happened in 2005, for that matter a two-member committee was set up to come out with its order on the matter. These members comprised of V Leeladhar of RBI and Mr. Mohan Gopal who is part of the National Judicial Academy.

The order stated that the NSDL has not fulfilled its duties in terms of cross checks and also had questions with regard to the Sebi board. Thereafter, there was an issue as to why this order has not been put out in the public domain.

The board members have been discussing this in the board meeting and thereafter the board had sent this matter to separate legal entities, sought legal advice from legal parties where it was said that this committee has gone beyond its term of reference. It has given quasi-judicial educating orders against the educators which were beyond the terms of reference. Hence the board totally has decided that this will stand null and void and the board will look into this matter afresh.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions