According to the state home minister, the video footage of the incident showed that the cop used foul language against the MLAs inside the assembly premises
Maharashtra's home minister RR Patil on Monday suspended Sachin Suryavanshi, the assistant sub-inspector (ASI) who was beaten by members of legislative assembly (MLAs) last week in the assembly premises over a minor dispute.
Patil in a statement in the Vidhan Sabha (the lower house) said that he saw the video footage of the incident and found that Suryavanshi had used a language, not suitable for a police officer, against the MLAs.
Meanwhile, both the MLAs, Ram Kadam (Maharashtra Navnirman Sena-MNS) and Kshitij Thakur (Bahujan Vikas Agadhi), who were arrested last week, were released on bail today. Metropolitan magistrate UM Padwad, while granting bail noted that further custody of the MLAs was not required.
On 19th March, a first information report (FIR) was registered against Thakur, Kadam and 14 others at the Marine Drive police station for allegedly beating up Suryavanshi inside the Vidhan Bhavan premises. Suryavanshi is attached to Worli Traffic Police in Mumbai.
While recognising the significant role played by NBFCs in providing finance, the Working Group of FSLRC said deposit-taking NBFCs must obtain a license to operate as a bank so that it would fall within the regulatory purview of the banking regulator
The intermediaries would need to submit scanned copies of investor documents to the KRAs and retain the physical documents with themselves. However, physical documents would need to be submitted, whenever KRAs demand them
Market regulator Securities and Exchange Board of India (SEBI) has done away with the submission of physical documents by investors to the KYC Registration Agencies (KRAs) in favour of the electronic format only. The move is seen as an attempt to streamline the process of “Know Your Client” (KYC) procedures.
The intermediaries, including mutual funds, would need to submit scanned copies of investor documents to the KRAs and retain the physical documents with themselves.
However, the physical documents would need to be submitted, whenever KRAs demand them.
So far, KRAs—which are responsible for maintaining KYC records across all SEBI-regulated entities—were required to maintain the original KYC documents, both in physical as well as electronic formats.
To minimise the physical paperwork, SEBI has now amended its KRA regulations, allowing the market intermediaries to keep the original investor documents in physical form with them and submit only the scanned copies to the KRAs.
“The intermediary shall perform the initial KYC/due diligence of the client, upload the KYC information with proper authentication on the system of the KRA, furnish the scanned images of the KYC documents to the KRA, and retain the physical KYC documents,” SEBI said.
Even in cases of any change in investor KYC details, the market intermediaries would retain the updated documents in physical form with themselves.
As per the new norms, all market intermediaries and agents (RTI and STA) acting on behalf of mutual funds would also have to submit only scanned KYC documents to KRAs.
However, the intermediaries and mutual funds would have to furnish the physical KYC documents or authenticated copies, whenever desired by the KRAs, SEBI said.