IBBI : Invites comments on Regulations notified under Code (See 'Corp Brief') RBI nod to Centrum Financial Services to set up small finance bank Polycab India plans to acquire Silvan Innovation Labs for Rs 182 million Max Ventures promoter of Max Financial Services sells shares worth Rs 783 crore in open market CCI okays acquisition in Magma HDI General Insurance Company Limited (See 'Corp Brief') Govt extends validity of Udyog Aadhaar Memorandum (See 'Corp Brief') Chartered Accountants Act - DC of ICAI cannot take action against an auditor appointed by HC to whom auditor has submitted his reports : HC (See 'Legal Desk') SEBI Act – Functioning of SAT comprising a Presiding Officer and a Judicial Member is not defective on account of non-availability of Technical Member : SAT (See 'Legal Desk') SEBI Act – Even when shares are not acquired but transmitted by operation of law, Noticee is not exempt from making disclosure under SAST Reg. 29 : SEBI (See 'Legal Desk') Angel Broking reaches 5 million client milestone Pune based start-up to launch alcohol free & non-inflammable hand sanitizers Google India announces USD15.5 million grant to set up 80 Oxygen Generation Plants in India Nazara Tech to acquire 69.82% stake in gaming firm Publishme (See 'Corp Brief') KVIC records highest-ever turnover of Rs 95,471 cr in FY21 (See 'Corp Brief') Whither GST Council! Muting mic & GIC crossing Rubicon fray tempers of State FMs! (See 'THE COB(WEB)' in TIOL) IBBI : Appointment of Executive Director on deputation (See 'Corp Brief') RDDBFI Act - Rights of the secured creditors in terms of Section 31B will override all other debts and even Arbitration Award for attachment of property which is already mortgaged to secured creditors: HC (See 'Legal Desk') SEBI Act - Since by direction already substantial amount have already been deposited, hence direction to deposit further sum of Rs. 1 crore can be deleted: SAT (See 'Legal Desk') SEBI Act - Lenient view for noticee cannot be taken for non-compliance of SAST Regulations, 2011 merely because Noticee who has filed wronge disclosures earlier has later on corrected certain error - SEBI (See 'Legal Desk') Foreign Amalgamations? A word of caution for Indian Tax exemption (See 'CORP EINSICHT')