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Swift e-Bulletin

Introduction

Edition 30th 22-23

Week – October 24th to October 28th

Quote for the week:

“Out of the mountain of despair, a stone of hope.”

– Martin Luther King Jr.

We welcome you to our weekly newsletter!

The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. We hope that you liked our previous editions and found it to be of great value in its content. We want this newsletter to be valuable for you so, please share your feedback and suggestions to help us improve.

Further, various regulatory authorities have been proactive in bringing significant regulatory changes in recent challenging times. This week’s newsletter covers various Circulars/notifications issued by certain regulatory authorities such as the Securities and Exchange Board of India (“SEBI”).

The Regulatory authorities provided various updates/relaxations, some of which being:

  1. SEBI vide Circular dated October 27, 2022 issued a clarification on block   mechanism   in   demat   account   of   clients   undertaking   sale transactions.

We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements / orders issued during the week of October 24 to October 28, 2022.

Thank you,

Swift team


Table of Contents

REGULATORY UPDATES

SEBI

  1. SEBI vide Circular dated October 27, 2022 issued a clarification on block   mechanism   in   demat   account   of   clients   undertaking   sale transactions

 

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About Swift

Swift India Corporate Services LLP (“Swift”) (Formerly known as SwiftIndiaInc Corporate Services Private Limited) established in the year 2005, is an associate entity of Nishith Desai Associates — Legal & Tax Counseling Worldwide (legal and tax consulting firm).

We are a team of professionals with rich corporate, legal and secretarial backgrounds. We are a premier corporate compliance firm that caters to the needs and demands of our global clients. Swift aims to provide quick and pragmatic corporate solutions alongside high-quality compliances.

  


 

Swift India Corporate Services LLP

 

Regd. Office: 91-92 B, Mittal Court, Nariman Point, Mumbai 400 021, India

LLPIN: AAH-4705, registered under the Limited Liability Partnership Act, 2008

Tel +91 22 6669 5000, Fax +91 22 6669 5001

 


www.swiftindiallp.com