1. SEBI issues a circular under regulation 101(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to regulation 30 which deals with "Continuous Disclosure Requirements for Listed Entities" - http://www.sebi.gov.in/…/sebi_…/attachdocs/1441799529193.pdf Annexure-I of this circular indicates the details that need to be provided while disclosing events given in Para A and Para B of Schedule III. The guidance on when an event / information can be said to have occurred is placed at Annexure II. 2. I-T dept to file court case if illegal foreign assets detected Delhi : Taking a tough stance against black money, the CBDT has directed the Income Tax department to mandatorily launch court cases against people found to be holding stash funds and tainted assets abroad and consider "compounding" of such offences only at a later stage.The apex policy-making body of the tax department has recently issued a directive in this regard to ...