22 April 2024


Search Results for Tag : Mutual

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India-Australia Convened First Joint Steering Committee(06.10.2017)

The officials of India-Australia met for first Joint Steering Committee on 6th October, 2017. Shri TVSN Prasad, Additional Secretary, Ministry of Home.....

Tags : Co-operation, Mutual, Terrorism, Combating

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RBI announces special liquidity facility for mutual funds(27.04.2020)

In order to ease liquidity pressures on mutual funds (MFs), RBI decides to open a special liquidity facility for mutual funds of ₹ 50,000 crore. Due t.....

Tags : Liquidity facility, Mutual funds, Announcement

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Judgments

Onus is on the husband to establish that there are sufficient grounds to show that he is unable to discharge his legal obligations for reasons beyond his control(20.06.2022)

By way of instant criminal revision petition filed under Section 397 of Code of Criminal Procedure, 1973 (CrPC), challenge has been laid to order pass.....

Tags : Divorce, Mutual consent, Maintenance

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Once the seat of arbitration is replaced by mutual agreement, changed venue becomes 'seat of arbitration'(13.04.2021)

The present appeal arises out of the impugned judgment passed by the High Court of Gujarat at Ahmedabad in which Special Civil Application filed by th.....

Tags : Venue, Jurisdiction, Mutual agreement

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Cooling off period mentioned in Section 13-B(2) of Hindu Marriage Act is not Mandatory(12.09.2017)

Factual matrix giving rise to instant appeal is that marriage between the parties took place on 16th January, 1994. Two children were born in 1995 and.....

Tags : Divorce, Mutual consent, Statutory period, Waiver

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News

MP HC: Condition of Living in Separation for One Year Can't be Waived(31.03.2022)

Madhya Pradesh High Court has held that one year period of living separately is a must for filing of an application for divorce by mutual consent unde.....

Tags : Madhya Pradesh High Court, mutual consent, divorce, Section 13B(1) of the Hindu Marriage Act

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Securities and Exchange Board of India Allows Direct Sales of Mutual Funds on Exchanges(27.02.2020)

Securities and Exchange Board of India has allowed investors to directly use the infrastructure of stock exchanges to purchase and redeem units direct.....

Tags : Securities and Exchange Board of India, Direct Sales of Mutual Funds on Exchanges

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SEBI Clarifies Regarding Transactions in Mutual Funds Facilitated by Online Platforms(16.03.2022)

Securities and Exchange Board of India has clarified regarding transactions in mutual funds facilitated by online platforms. The Board has said paymen.....

Tags : Securities and Exchange Board of India, Transactions in Mutual Funds

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SEBI Relaxes Valuation Norms for Mutual Funds(24.04.2020)

Securities and Exchange Board of India has relaxed valuation norms on money and debt market instruments held by mutual funds in the wake of the loan m.....

Tags : Securities and Exchange Board of India, Mutual Funds Valuation Norms

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Delhi HC: 'Mutual Will' Comes Into Effect on Death of Either of Joint Testators(29.04.2020)

Delhi High Court has held that the rights in favour of the ultimate beneficiary under the mutual will accrue on the demise of either of the executants.....

Tags : Delhi High Court, Mutual Will

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SEBI to MFs: Disclose Absolute Commission Paid to Agents(21.09.2016)

Securities and Exchange Board of India (SEBI), with an aim to bring in greater transparency in dealings of mutual funds, markets regulator, has asked .....

Tags : Securities and Exchange Board of India , Mutual Fund

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SEBI Asks Franklin to Return Money to Investors in 6 Funds(08.05.2020)

Securities and Exchange Board of India has asked Franklin Templeton Mutual Funds to focus on returning the money to investors stuck in six funds as so.....

Tags : Securities and Exchange Board of India, Franklin Templeton Mutual Funds

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ITAT: Commission Earned on Distribution of Indian Mutual Fund Outside India is Not Taxable(10.06.2022)

Income Tax Appellate Tribunal (ITAT) has held that commission earned on distribution of Mutual Funds schemes of an Indian fund outside India cannot be.....

Tags : ITAT, Mutual Funds, Distribution

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Six-Month Cooling-Off Period in Divorce by Mutual Consent can be Waived for Christians too: Kerala HC(01.11.2018)

Kerala High Court has observed that divorce by mutual consent is a secular concept and there can be no discrimination on the ground of religion agains.....

Tags : Kerela High Court, Divorce by Mutual Concept

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FAMILY - Adopt Liberal Approach while Dealing with Divorce Pleas Based on Mutual Consent: Kerala HC(05.03.2019)

Kerala High Court has observed that a liberal approach needs to be adopted while dealing with divorce applications based on mutual consent.

Tags : Kerala High Court, Divorce Pleas Based on Mutual Consent

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SEBI Modifies NAV Rules for Mutual Funds(18.09.2020)

Securities and Exchange Board of India (SEBI) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds.....

Tags : Securities and Exchange Board of India, NAV Rules for Mutual Funds

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Bombay HC: Family Court Must Examine Terms of Mutual Consent Divorce(09.01.2017)

Bombay High Court has cautioned Family Courts across Maharashtra to not grant decree of divorce on mere presentation of a joint application by spouses.....

Tags : Bombay High Court, Family Court, Divorce, Mutual Consent

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Kar. HC: POCSO Case Against Minor Can be Quashed on Parties Arriving at Mutual Settlement(09.09.2022)

Karnataka High Court has allowed petition filed by minor boy and set aside investigation initiated against him under sections of the Protection of Chi.....

Tags : Karnataka High Court, POCSO, Mutual Settlement

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Delhi HC: Mutual Respect Between Bar And Bench Essential for Vibrant Legal System(12.10.2022)

Delhi High Court while observing that lawyers are expected to always address court with deference and adverse remark by a judge against counsel in a j.....

Tags : Delhi High Court, Bar and Bench, Mutual Respect

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Delhi HC Issues Contempt Notice to Women Who Refuses to Honour Mutual Divorce Plea(17.01.2017)

Delhi High Court has issued a contempt notice against a woman who entered a settlement to separate with her husband but later refused to honour it.

Tags : Delhi High Court, Mutual Divorce, Contempt Notice

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Gujarat High Court: Principle of Mutuality applies to Club run by a Company(27.06.2017)

Gujarat High Court, while deleting addition in respect of life membership and entrance fees received by assessee-Company, has held that principle of m.....

Tags : Gujarat High Court, Principle of Mutuality

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Madras HC Directs Satellite Imaging of Taluks and Earmarking of Waterbodies(19.04.2021)

Chhattisgarh High Court has observed that existence of a serious dispute between a husband and wife is not a prerequisite for grant of divorce by mutu.....

Tags : Chhattisgarh High Court, Grant of Divorce by Mutual Consent

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SC: Marriage is Based on Love And Affection, Not Terms And Conditions(31.01.2023)

Supreme Court while hearing a plea pertaining to a marital dispute between a husband-wife duo, has orally observed that Matrimony is based on mutual l.....

Tags : Supreme Court, Matrimony, Mutual Love

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SC: Single Bench Cannot Pass Decree for Dissolution of Marriage While Hearing Transfer Petition(12.03.2021)

Supreme Court has observed that its single bench while hearing a Transfer Petition cannot invoke power under Article 142 of the Constitution of India,.....

Tags : Supreme Court, Dissolution of Marriage by Mutual Consent

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Personal Inconvenience of Couple Not Ground to Waive Cooling off Period for Mutual Divorce: MP HC(15.04.2019)

Madhya Pradesh High Court has held personal inconvenience of parties cannot be a ground to waive period of 6 months as provided under Section 13-B (2).....

Tags : Madhya Pradesh High Court, Mutual Divorce

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Personal Inconvenience No Ground to Waive Cooling off Period for Mutual Consent Divorce: MP HC(15.04.2019)

Madhya Pradesh High Court has held personal inconvenience of parties cannot be a ground to waive period of 6 months as provided under Section 13-B (2).....

Tags : Madhya Pradesh High Court, Mutual Divorce

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Personal Inconvenience No Ground to Waive Cooling off Period for Mutual Consent Divorce: MP HC(15.04.2019)

Madhya Pradesh High Court has held that personal inconvenience of parties cannot be a ground to waive the period of 6 months, in case of mutual consen.....

Tags : Madhya Pradesh High Court, Mutual Consent Divorce

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CCI Approves DHFL’s 50% Stake Sale in Pramerica MF(19.04.2019)

Competition Commission of India (CCI) has given its nod for transaction involving US-based Prudential Financial buying out DHFL’s 50 percent sharehold.....

Tags : Competition Commission of India, DHFL Pramerica Mutual Fund

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SC: Validity of E-Voting Process for Winding Up of Franklin Templeton's 6 Mutual Fund Schemes Upheld(12.02.2021)

Supreme Court has negated all objections and upheld the validity of e-voting process for winding up of six mutual fund schemes of Franklin Templeton. .....

Tags : SC, Mutual Fund

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Kerala HC Strikes Down 10A of Divorce Act, 1869(12.12.2022)

Kerala High Court has held that fixation of the minimum period of separation of one year under Section 10A of the Divorce Act, 1869 for filing divorce.....

Tags : Kerala High Court, Divorce Act, Mutual Consent

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SEBI Allows Investment up to Rs 50,000 in Mutual Funds Through E-wallets(11.05.2017)

Sebi has allowed investors to buy mutual fund schemes for up to Rs 50,000 through digital wallets.

Tags : SEBI, Mutual Fund

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Delhi HC: Income From Shares/ MFs Trades 'Capital Gain', If Treated as Investment in Past Years(17.05.2017)

Delhi High Court has held that income from trading in shares/mutual funds must be treated as ‘Capital Gain’ if Revenue has been treating the same as i.....

Tags : Delhi High Court, shares/mutual funds, capital gain

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SEBI Reviews Mutual Fund Advertisement Norms(16.03.2017)

Securities and Exchange Board of India has directed mutual funds to disclose performance of their schemes since inception and during preceding one-yea.....

Tags : SEBI, Mutual Fund Advertisement

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Mother can't Give Up Maintenance Rights of Daughter During Mutual Consent Divorce: SC(03.05.2019)

Supreme Court has observed that a mother cannot give up rights which vest in the daughter insofar as maintenance and other issues are concerned, durin.....

Tags : Supreme Court, Mutual Consent Divorce, Maintenance

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Sebi Allows Mutual Funds & Portfolio Managers to Invest in Securities Listed in IFSC(29.05.2017)

Sebi has allowed portfolio manager operating in IFSC to invest in securities listed in IFSC, issued by companies incorporated in IFSC, issued by compa.....

Tags : Sebi, Mutual Funds & Portfolio Managers, IFSC

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Kar HC: Can’t Reject Plea for Divorce by Mutual Consent Only Because Couple Resides in Same Premises(14.06.2023)

Karnataka High Court has held that merely because estranged couple is residing in same premises, Court can’t reject their petition to seek divorce by .....

Tags : Karnataka High Court, Divorce, Mutual Consent, Premises

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SC: Principle of Mutuality not Applicable to Income from Deposits in Member Banks(21.08.2023)

Supreme Court has held that if any income is earned by the Clubs through deposits made by clubs in banks that are members of the club, such income wou.....

Tags : Supreme Court, Principle of Mutuality, Clubs, Banks

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Ker. HC: Not Granting Divorce Despite Mutual Consent Amounts to Cruelty(25.09.2023)

Kerala High Court while relying on the Apex Court’s decision in Samar Ghosh v. Jaya Ghosh (MANU/SC/1386/2007), observed that denial or withholding of .....

Tags : Kerala High Court, Divorce, Mutual Consent, Failed Marriage, Cruelty

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SAT Sets Aside SEBI Approval to Set up SRO for MF Distributor(04.11.2015)

Securities Appellate Tribunal (SAT) has set aside an approval granted by Securities and Exchange Board of India (SEBI) to Institution for Mutual Fund .....

Tags : Securities Appellate Tribunal, Securities and Exchange Board of India, Institution for Mutual Fund Intermediaries, Self-Regulatory Organization

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SEBI Permits Mutual Funds to Invest in Unlisted NCDs(03.10.2019)

Securities and Exchange Board of India has permitted mutual funds to invest in unlisted non-convertible debentures (NCDs) up to a maximum of 10 per ce.....

Tags : SEBI, Mutual Fund

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SC: Single Bench Hearing Transfer Petitions Cannot Pass Mutual Consent Divorce Decree(20.09.2021)

Supreme Court has observed that a single bench hearing Transfer petition cannot pass a decree divorce by mutual consent under Section under Section 13.....

Tags : Supreme Court, Mutual Consent Divorce Decree

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SEBI Raises Norms for MF Investment in Corporate Debt(12.01.2016)

Securities and Exchange Board of India (SEBI) has tightened norms for investment by debt-oriented Mutual Fund (MF) plans and introduced caps on how mu.....

Tags : Securities and Exchange Board of India , Mutual Fund

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Del. HC: Unilateral Withdrawal from Divorce by Mutual Consent Amounts to Cruelty(28.12.2023)

Delhi High Court has held that unilateral withdrawal from divorce by mutual consent amounts to cruelty if such conduct is not based on justifiable gro.....

Tags : Delhi High Court, Unilateral Withdrawal, Mutual Consent, Divorce

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SEBI Puts Rules for Mutual Funds to Restrict Redemptions(01.06.2016)

To curtail mutual fund houses' powers to suddenly restrict redemptions from a scheme, markets regulator SEBI has put in place a set of rules and also .....

Tags : SEBI, Mutual funds, Redemption

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Notifications & Circulars

Participation in Derivatives Market by Mutual Funds(20.02.2017)

In terms of SEBI circular no. DNPD/Cir-29/2005 dated September 14, 2005, existing schemes of the Mutual Funds, whose Scheme Information Documents (SID.....

Tags : Mutual fund, Market, Participation

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Inauguration of ASEAN India Business and Investment and Expo, Promoting Mutual Trade and Investment, 22-23rd January, 2018(23.01.2018)

The ASEAN - India Business and Investment Meet and Expo was jointly inaugurated by Mr Suresh Prabhu, Hon'ble Minister of Commerce and Industry, India .....

Tags : Inauguration, Expo, Mutual Trade, Investment

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Circular on Mutual Funds(15.02.2016)

The Securities and Exchange Board of India issued a Circular to ‘put mutual funds in a better position to handle adverse credit events’, reducing the .....

Tags : Mutual fund, sector limits, group limits, diversification

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Review of investment norms for mutual funds for investment in Debt and Money Market Instruments(10.12.2019)

Paragraph E of SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2019/104 dated October 1, 2019 prescribed limits on investments by debt mutual fund schemes in .....

Tags : Review, Investment norms, Mutual funds

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Minimum percentage of trades carried out by mutual funds through RFQ platform(06.10.2021)

1. SEBI, vide circular SEBI/HO/IMD/DF3/CIR/P/2020/130 dated July 22, 2020, has mandated mutual funds to undertake at least 10% of their total secondar.....

Tags : Trades, Mutual funds, RFQ platform

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Guiding principles for bringing uniformity in benchmarks of Mutual Fund Schemes(27.10.2021)

1. In order to standardize and bring uniformity in the Benchmarks of Mutual Fund Schemes and taking into account the recommendations of Mutual Fund Ad.....

Tags : Principles, Uniformity, Mutual Fund Schemes

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Del. HC: No Presumption in Law that Acquisition of MF is Necessarily for Trade & Not for Investment(17.01.2024)

Delhi HC has held that it is important to ascertain the intent considering the time period and purpose for which the shares or mutual funds (MF) are h.....

Tags : Delhi High Court, Mutual Funds, Trade, Investment

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Nomination for Mutual Fund Unit Holders(15.06.2022)

In order to bring uniformity in practices across all constituents in securities market, the following is decided in case of nomination for eligible Mu.....

Tags : Nomination, Mutual Fund, Unit Holders

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Cabinet approves Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters(04.01.2017)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing and ratifying an Agreement between India and Uruguay regardin.....

Tags : Agreement, Approval, Mutual Assistance

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Government of the Republic of India and the Republic of Peru sign Co-operation and Mutual Assistance in Customs Matters(05.12.2018)

An Agreement between the Government of the Republic of India and the Government of the Republic of Peru on Co-operation and Mutual Assistance in Custo.....

Tags : Mutual Assistance, Signing of, Customs Matters

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Participation of Mutual Funds in Commodity Derivatives Market in India(21.05.2019)

1. A copy of the Gazette Notification No. SEBI/LAD-NRO/GN/2019/011 dated April 26, 2019 on Amendments to SEBI (Mutual Funds) Regulations, 1996 is encl.....

Tags : Participation, Mutual Funds, Commodity Derivatives Market

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E-wallet investments in Mutual Funds(23.03.2023)

1. SEBI, vide Circular Ref. no.- SEBI/HO/IMD/DF2/CIR/P/2017/39 dated May 8, 2017, permitted use of e- wallet for investment in Mutual Funds within the.....

Tags : E-wallet, Investments, Mutual Funds

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Modifications in the requirement of filing of Offer Documents by Mutual Funds(25.04.2023)

1. SEBI, vide Circular SEBI/HO/IMD/DF2/CIR/P/2016/68 dated August 10, 2016, mandated submission of soft copy of the final SIDs along with printed/fina.....

Tags : Modifications, Offer Documents, Mutual Funds

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Enhancement of overseas investment limits for Mutual Funds(03.06.2021)

1. The Para 1 of SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/225 dated November 05, 2020 specified the overseas investment limits per Mutual Fund.

Tags : Enhancement, Overseas investment, Mutual Funds

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Participation of Mutual funds in repo transactions on Corporate Debt Securities(08.06.2023)

1. SEBI vide circular no. CIR/IMD/DF/19/2011 dated November 11, 2011 and CIR/IMD/DF/23/2012 dated November 15, 2012 allowed mutual funds to participat.....

Tags : Participation, Mutual funds, Repo transactions

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RTA inter-operable platform for enhancing investors' experience in Mutual Fund transactions/service requests(26.07.2021)

In order to make it more convenient to the existing and future investors to transact and avail services while invested in Mutual Funds and pursuant to.....

Tags : Inter-operable platform, Mutual Fund, Investors

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Clarification regarding investment of Mutual Fund schemes in units of Corporate Debt Market Development Fund(06.09.2023)

1. This has reference to SEBI Circular SEBI/HO/IMD/PoD2/P/CIR/2023/129 dated July 27, 2023 on Investment by Mutual Fund Schemes and AMCs in units of C.....

Tags : Clarification, Investment, Mutual Fund schemes

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BIMSTEC Convention to be signed and ratified(10.03.2016)

The Union Cabinet approved the signing and ratification of the Bay of Bengal Initiative on Multi Sectoral Technical Matters and Economic Cooperation C.....

Tags : Criminal activity, mutual assistance, bay of bengal

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Circular on Mutual Funds(18.03.2016)

The Securities and Exchange Board of India notified amendments to increase.....

Tags : Mutual fund, transparency, disclosure, offer documents

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Creation of segregated portfolio in mutual fund schemes(07.11.2019)

1. In partial modification to SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2018/160 dated December 28, 2018 on 'Creation of segregated portfolio in mutual .....

Tags : Segregated portfolio, Mutual fund schemes, Creation

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Nomination for Mutual Fund Unit Holders - Extension of timelines(27.09.2023)

1. SEBI vide Circular No. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2022/82 dated June 15, 2022 read with SEBI Circular No. SEBI/HO/IMD/IMD-I DOF1/P/CIR/2022/105 .....

Tags : Mutual Fund, Unit Holders, Timelines

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Restriction on redemption of Mutual Funds(31.05.2016)

In efforts to quell disparity in imposition of restrictions on redemption of mutual funds, the Securities and Exchange Board of India clarified that r.....

Tags : mutual fund, redemption, restriction, sebi

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Circular on Mutual Funds(25.02.2016)

The Securities and Exchange Board of India released a circular on the treatment of unclaimed redemption and divided amounts. Some of the changes inclu.....

Tags : Mutual funds, unclaimed redemption, dividend amounts

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