Tuesday, 17 August 2021

IFSCA issues regulations on issue and listing of the securities in the IFSC in India

 The IFSCA has issued regulations on issue and listing of the securities in the IFSC in India (Regulation). The Regulation inter alia provides a framework on the following aspects:

 

·         Public offer of Specifies securities [IPO and FPO]

·         Listing of Start-up and SME companies

·         Secondary listing of Securities

·         Listing of Special Purpose Acquisition Companies (SPACs)

·         Listing of Depository Receipts

·         Listing of Debt Securities

·         Listing of Environment, Social and Governance (ESG) Debt Securities

 

The Regulation were issued on 16 July 202

No comments:

No Permanent Establishment Unless Proven by the Revenue

The Income Tax Appellate Tribunal (Delhi Bench) recently in the case of SAIC clarified an important principle in international taxation: th...