Search Results for Tag : Client
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SEBI issues stricter norms to prevent client securities misuse(25.02.2020)
In order to prevent the misuse of client’s securities by broker, the Security and Exchange Board of India (SEBI) has issued a circular tightening the .....
Tags : Client securities, Misuse, Norms
Notifications & Circulars
Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments(20.07.2020)
1 With respect to equity derivatives and currency derivatives segments, Stock Exchanges/Clearing Corporations have mandated clearing members/trading m.....
Tags : Verification, Margins, Clients
Upstreaming of clients' funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs)(12.12.2023)
1. With a view to safeguard clients' funds placed with Stock Brokers (SBs) / Clearing Members (CMs), SEBI, vide circular no. SEBI/HO/MIRSD/MIRSD-PoD- .....
Tags : Upstreaming, Clients' funds, SBs
News
Sale of Client Relationship and Goodwill by CA Firm Constitute Capital Gain: ITAT(10.04.2019)
Income Tax Appellate Tribunal (ITAT), Delhi bench has held that sale of client relationship and goodwill by firm is capital asset under section 2(14),.....
Tags : ITAT, CA Firm, Sale of Client Relationship and Goodwill
Securities and Exchange Board of India Bars Transfer of Client Securities to Accounts of Brokers(26.02.2020)
Securities and Exchange Board of India has banned the transfer of client securities to Demat accounts of trading and clearing members. The Board furth.....
Tags : Securities and Exchange Board of India, Transfer of Client Securities to Accounts of Brokers
SEBI Introduces System to Detect Misuse of Client Securities by Brokers(14.02.2020)
Securities and Exchange Board of India has introduced a system to monitor and detect misuse of client securities by stockbrokers in the wake of Karvy .....
Tags : Securities and Exchange Board of India, Misuse of Client Securities by Brokers
Delhi HC: Relationship Between Client & Foreign Law Firm is Commercial in Nature(13.05.2020)
Delhi High Court has held that the relationship between a client and the foreign law firm engaged by it was commercial in nature in terms of Sections .....
Tags : Delhi High Court, Relationship Between Client & Foreign Law Firm
Del. HC: Lawyers Duty Towards Client Has to be Respected by All Concerned(30.05.2023)
Delhi High Court while observing that Lawyers are an essential and powerful pillar of judicial adjudicatory process and therefore, their duty towards .....
Tags : Delhi High Court, Lawyers, Client
SEBI Issues Circular regarding Transfer of Shareholdings(31.12.2024)
Securities and Exchange Board of India has issued a circular providing clarification with respect to transfer of shareholding among immediate relative.....
Tags : SEBI, Transfer of Shareholdings, Know Your Client
Kerala HC : Lawyer Owes Paramount Responsibility to Client First and Court Second(23.09.2021)
Kerala High Court remarked that a lawyer owes paramount responsibility to his client first, and to the court second, while dismissing the anticipatory.....
Tags : Kerala High Court, Responsibility to Client
SC: Lawyer-Client Relationship is Fiduciary and the Former is Cast in Terms of Agency of the Latter(10.03.2025)
SC has observed that a lawyer-client relationship is fiduciary and the lawyer is to respect the decision-making right of the client. It flows from thi.....
Tags : Supreme Court, Lawyer-Client Relationship, Fiduciary
ITAT: TDS Not Applicable to Client Referral Fee as it Won’t Amount to FTS(06.07.2022)
Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the provisions of Tax Deduction at Source (TDS) cannot be made applicable to fees for .....
Tags : ITAT, Client Referrals, FTS
Kerala HC: Only God Can Save These Types of Lawyers(11.07.2022)
Kerala High Court has held that lawyers are duty-bound to act in the interest of their clients and that they should refrain from arguing against such .....
Tags : Kerala High Court, Lawyers, Clients