CS Pramod

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PROCESS FLOW FOR THE ISIN:

What is an ISIN: ISIN (International Securities identification Number) is a unique 12-digit alpha numeric number allotted for a security equity fully paid up, equity-partly paid up, equity voting/dividend, preference shares and debentures including convertible and non-convertible. Who has to Obtain ISIN: Every Unlisted Public Companies (w.e.f October 2, 2018) Every Private Limited Companies other …

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Introduction of Foreign Contribution (Regulation) Act (FCRA) related transaction code in NEFT and RTGS Systems

Under the FCRA, 2010 (amended as on September 28, 2020), foreign contributions must be received only in the “FCRA account” of State Bank of India (SBI), New Delhi Main Branch (NDMB). The contributions to the FCRA account are received directly from foreign banks through SWIFT and from Indian intermediary banks through NEFT and RTGS systems.  …

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