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S.E.B.I being the regulator of CAPITAL MARKET issued a circular dated 11-September-2020 brought the change in the MULTI-CAP SCHEME of Mutual funds. Let us know what does multi-cap scheme is all about and the new changes introduced regarding this scheme. Definition of Large Cap, Mid Cap and Small Cap Companies : SEBI has, vide its [&hellip...
Read MoreBackground: – SEBI has vide Circular no. SEBI/LAD-NRO/GN/2020/23 dated 17th July 2020 and circular No. SEBI/HO/ISD/ISD/CIR/P/2020/135 dated 23rd July 2020, notified and amended certain regulations as well as certain clauses of the Schedules and Formats of the SEBI (Prohibition of Insider Trading) Regulations, 2015. (PIT Regulations...
Read MoreSEBI (Investment Advisers) (Amendment) Regulations, 2020– Changing Landscape Of Investment Advisory Being a financial advisor is not easy, specially in the current situation when the coronavirus pandemic and containment measures have plunged the global economy into deep contraction. Investment advisory fraternity is not only engagin...
Read MoreDecoding recent SEBI announcement on Multi cap funds and its impact on you as an Investor The Securities and Exchange Board of India (SEBI) on Friday 11th Sep 2020 announced a detailed structure for multi-cap Mutual Funds. How these changes in Multi cap funds impact you as an Investor? What is the opportunity in Direct […]...
Read MoreAs per the existing circular of SEBI on assets allocations under the category of Multi-Cap Funds category, the fund manager was free to choose the asset allocation as per his wisdom, the fund managers of Multi-Cap Funds were running these schemes more or less akin to the large-cap funds....
Read MoreGuidelines for Appointment of Insolvency Professionals as Administrators under the Securities and Exchange Board of India (Appointment of Administrator and Procedure for Refunding to the Investors) Regulations, 2018...
Read MoreName of the Company Address of the registered office Email ID: ——————–, CIN: ———————–, Website: ————————- ADVANCE INTIMATION OF BOARD MEETING Notice is hereby given pursuant to Regulation 47(1) (a) SEBI...
Read More.The objective of this discussion paper is to seek comments / views from the public and market intermediaries on Recalibration of threshold for Minimum Public Shareholding norms (MPS) in companies which undergo Corporate Insolvency Resolution Process (CIRP) and seek relisting of its shares pursuant to implementation of the approved resolu...
Read MoreWhat is the manner in which the company can buy back its own shares? Can a company buyback its shares without passing shareholders’ resolution? Where can one get details of companies proposing to buyback their shares?...
Read MoreSecurities and Exchange Broad of India CONSULTATION PAPER ON THE FORMAT FOR BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORTING Dated: August 18, 2020 – Reports : Reports for Public Comments A. Background 1. SEBI, in 2012, mandated the top 100 listed entities by market capitalisation to file Business Responsibility Reports (BRR) as...
Read MoreAvinash Chandra Trivedi Vs CPIO (SEBI Appellate Authority) - Avinash Chandra Trivedi Vs CPIO (SEBI Appellate Authority) It is observed that the Action History of the complaint reveals the action taken and the date-wise progress disposal of the complaint. It is understood that all the complaints which are lodged in the SCORES system and the related corresponde...
Read MoreJindal Power Ltd. v. ICRA Ltd. (Delhi High Court) - Jindal Power Ltd. v. ICRA Ltd. (Delhi High Court) In order to protect the interest of investors and help them make an informed decision, SEBI has made credit rating of securities offered by Indian companies by way of public or rights issues to be mandatory. The rating signifies the ability and wil...
Read MoreDr. Udayant Malhoutra Vs SEBI (SAT Mumbai) - Dr. Udayant Malhoutra Vs SEBI (Securities Appellate Tribunal, Mumbai) 1. The present appeal has been filed against an ex-parte order dated June 15, 2020 passed by the Whole Time Member (‘WTM’ for short) of Securities and Exchange Board of India (‘SEBI’ for short) directing th...
Read MoreAdjudicating Officer Vs Bhavesh Pabari (Supreme Court India) - SC grants controlled discretion to Adjudicating Officer under Section 15J of The SEBI Act The Supreme Court of India ruled in Adjudicating Officer, SEBI v. Bhavesh Pabari (Bhavesh Pabari) granting back the discretionary power to Adjudicating Officer (AO) under supervision and scrutiny of the c...
Read MorePooja Vinay Jain Vs SEBI (Securities Appellate Tribunal) - In the present case, the appellant neither put a plea of prejudice before the AO nor before us. It was simply stated that since the proceedings were launched by respondent SEBI after a period seven years, the same should be quashed on the ground of delay. The record would show that all the documents...
Read MoreSEBI/HO/IMD/DF2/CIR/P/2020/175 - (17/09/2020) - It has been decided that in respect of purchase of units of mutual fund schemes (except liquid and overnight schemes), closing NAV of the day shall be applicable on which the funds are available for utilization irrespective of the size and time of receipt of such application....
Read MoreCircular No. SEBI/HO/DDHS/DDHS/CIR/P/2020/174 - (16/09/2020) - Listing and trading of units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) on recognized stock exchanges in International Financial Services Centres (IFSC)...
Read MoreBSE Notice Ref. LIST/COMP/50/2020-21 - (16/09/2020) - SEBI has advised that the issuer(s) of the listed CP shall disclose detailed data regarding previous due dates for repayment of principal of CPs/NCDs/NCRPS along with the payments of interest/dividend for NCDs/ NCRPS and whether the same has been paid or not, while submitting half yearly/annual fina...
Read MoreCirculars No. SEBI/HO/MIRSD/DOP/CIR/P/2020/173 - (15/09/2020) - SEBI, vide circular no. CIR/HO/MIRSD/DOP/CIR/P/2019/139 dated November 19, 2019 and SEBI/HO/MIRSD/DOP/CIR /P/2 020/146 dated July 31, 2020, issued guidelines with regard to collection of margins from clients and reporting of short-collection / non-collection of margins by Trading Member (TM) / Clear...
Read MorePR No. 46/2020 - (13/09/2020) - SEBI has issued a circular dated September 11,2020 on Multi Cap schemes of Mutual Funds, requiring them to invest a minimum of 25% each in Large, Mid and Small Cap stocks, with the balance 25% giving flexibility to the fund manager....
Read MoreSEBI/HO/IMD/DF2/CIR/P/2020/175 - (17/09/2020) -
Circular No. SEBI/HO/DDHS/DDHS/CIR/P/2020/174 - (16/09/2020) -
BSE Notice Ref. LIST/COMP/50/2020-21 - (16/09/2020) -
Circulars No. SEBI/HO/MIRSD/DOP/CIR/P/2020/173 - (15/09/2020) -
PR No. 46/2020 - (13/09/2020) -
Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/172 - (11/09/2020) -
