Indian Kanoon - Search engine for Indian Law

Justice K.S.Puttaswamy(Retd) vs Union Of India on 26 September, 2018 Equivalent citations

place by the appellant for implementing the "know your client" (KYC) norms which the participants are required to follow. A reference had also ... thousands of dematerialized accounts in fictitious /benami names in gross disregard of KYC norms and providing/arranging IPO finance to these benami/fictitious entities

Depository Participants (DPs) after ensuring adherence to the Know Your Client (KYC) norms. Detailed instructions in this regard have been issued by the Board ... duty and the responsibility of the DP to ensure compliance with KYC requirements but the appellant as the Depository cannot also disown its responsibility

booked for London, but the Airway bill is not prepared since the KYC documents of the parcel were not available and the person, who came ... booked the parcel. In the cross-examination, the witness has outlined the KYC procedure followed by his office for booking a parcel and only

crores. The investigation conducted by CBI revealed that the KYC related documents i.e. PAN card of MTDC, documents related to authorized signatory of MTDC ... Officer of Dena Bank.  The signature were forged on the aforesaid KYC documents and handed over to Dena Bank, Malabar Hill Branch, which prepared fixed

Jakarta. The customers would upload 3 Reymont Commodities P Ltd their KYC details duly verified by the assessee electronically and obtain a client ID from ... Laju Investama Futures, Indonesia for which necessary documentation to comply with KYC norms has been taken. It was further submitted that it is acting

making deposit in bank account. iii) Appellant has referred to KYC documents regarding bank account with HDFC and claimed that signature do not tally with ... wife. The AO in remand report has observed that in the KYC form received from the bank photo was not visible hence AO issued summons

flat at London. ITSC had relied upon Know Your Customer (KYC) details in the account opening form. The petitioner had questioned the said details with ... rejected in view of the fact that the details recorded in the KYC included personal details, etc. The ITSC had also recorded that

show cause notice stated that UBS failed to comply with the KYC (Know Your Clients) requirements as specified in Regulation 15A of the FII Regulations ... submitted that they had not violated the provisions of Know Your Client (KYC) requirement of Regulation 15A(1) of FII Regulations. UBS provided additional information

correct in law in holding that the assessee has followed the KYC norms and maintained systematic record, whereas the assessee has not submitted the requisite ... purview of section 68 of the Act, as the society is following KYC norms as required under the Banking Regulation Act , and also in view