Corporate Updates – 30-10-2014


DVAT authorities has issued Circular to inform that henceforth the link of restoration of Registration shall be available with the Assistant Commissioner/AVATO of Zone, who has been nominated as nodal officer for system issues. Before restoration of any registration the concerned ward authorities will process the proposal and seek approval of competent authority as per the provisions/rules/guidelines in this regard.


SEBI has revised proprietary position limits of non-bank stock brokers for currency derivatives contracts in a permitted currency pair shall be higher of (a) 15% of the total open interest in the currency pair, or (b) USD 50 million / EUR 25 million / GBP 25 million / JPY 1000 million, as applicable. Further, the Stock Exchanges and Clearing Corporations are directed to take necessary steps to put in place systems for implementation and to bring the provisions of this circular to the notice of the stock brokers / clearing members.

Seminar on Companies Act, 2013

On Saturday, the 1st November, 2014, NIRC of ICSI is organising a One Day Seminar on the topic “Companies Act, 2013 – Contentious Issues” at 9.30 AM onwards at Hotel Radisson Blu, Kaushambi, Ghaziabad, U.P. Fee : Rs. 1,750/-; Free For Corporate Members of NIRC; PCH – 4.

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