SEBI - Page 266

SEBI : Forfeiture of 1% Listing Deposit

SMD/SED/CIR/94/6669 (31/10/1994)

This has reference to SEBI's letter No.SMD/SED/94/2114 dated April 12, 1994. SEBI has been receiving complaints that issues are listed on stock exchanges and trading is allowed before a company has completed despatch of all share certificates....

Read More

SEBI : Extension for submission of audit report by November 15

SMD(N)/JJ/5907/94 (19/10/1994)

All exchanges are supposed to take stringent action to ensure that the reports for the year 1993-94 are received in time. Please note that deterrent action is to be taken against the members who do not follow the deadline....

Read More

Emblem of SE not necessary on the TD

Ref. SMD/6059 (17/10/1994)

In this connection, we enclose a copy of the clarification issued by the Registrar of Companies, Gujarat, Ahmedabad on the subject vide his letter No. ROC/GUJ/94-95 dated September 22, 1994, the contents of which are self-explanatory....

Read More

SEBI : Submission of B/S & details of utilisation of funds, etc.

SMD/SED/N/JJ/5078/94 (27/09/1994)

Agreement, Forms and the Distribution Schedules, duly completed. We also forward the documents (or drafts thereof) as per list attached and undertake to furnish such additional information and documents as may be required....

Read More

SEBI : Submission of B/S & details of utilisation of funds, etc.

SMD/SED/N/JJ/4984/94 (23/09/1994)

We understand that in the event of our failure to submit the above documents or withdrawal of Acknowledgement Card by SEBI, we shall forfeit the right of listing of the securities and shall be liable to refund the subscription money to the investors immediately....

Read More

SEBI : Guidelines for preferential allotments

SMD/SED/94/4692 (05/08/1994)

Of late it was observed that the promoters of persons for the time being in charge of the management of companies were making preferential allotment of shares etc to a select group of persons , including themselves , at prices unrelated to the prevailing market prices of such instruments. ...

Read More

SEBI (Bankers to an Issue) Regulations, 1994

Notification No. LE/7/94 (14/07/1994)

means an offer of sale or purchase of securities by any body corporate or by any other person or group of persons on his or its or their behalf, as the case may be, to or from the public, or the holders of securities of such body corporate or person or group of persons...

Read More

SEBI : Renewal Fees to be paid by registered Sub-brokers

Ref. SMD-I/3606/94 (13/06/1994)

As specified in Schedule III under regulation 15(1)(a) of SEBI (Stock brokers & Sub- Brokers) Rules & Regulations , 1992, these registered sub-brokers have to pay the renewal fees of Rs 1000/- on or before the 1st day of October 1994....

Read More

SEBI : Exemption for Corporates of five years

SMD-II/VRN/3492/94 (06/06/1994)

Government of India have issued norms relating to Multiple Membership in Stock exchanges vide F No : 1/26/SE/91 dated 12.9.1991 which interalia stipulates eligibility criteria at (1)(a) that a member should have operated his membership for a peroid of at least 5 years before seeking membership to another Stock Exchange....

Read More

SEBI : SMD/SED/94/2685

Ref No .SMD/SED/94/2685 (05/05/1994)

The details are mentioned on the refund orders/cheques along with the applicant’s name. This avoids the a possibility of the refund orders being stolen or being illegally misappropriated....

Read More
Page 266 of 273« First...102030...264265266267268...Last »

Latest SEBI News

Get the latest news on SEBI from Taxguru. Read all the relevant SEBI circulars, updates to SEBI Act and SEBI Regulations exclusively at Taxguru.

SEBI (Securities and Exchange Board of India) was established in 1988 as a non-statutory body to regulate the Indian securities market. On April 12th, 1992, the Government of India made SEBI an autonomous body and offered statutory powers by passing the SEBI Act 1992 in the Parliament. SEBI is the regulator for the Indian securities market and has three major functions:  quasi-judicial, quasi-legislative and quasi-executive.

With the increase in the number of dealings in the Indian stock markets, a lot of malpractices was seen like price rigging, the unofficial premium on a new issue, delay in shares delivery, violations with respect to rules and regulations of the stock exchange and the listing requirements. With all such malpractices in place, the customers were losing their faith and confidence in the Indian stock exchange. Hence, the Indian government decided to set up a regulatory body or an agency known as SEBI (Securities Exchange Board of India).

SEBI drafts the regulations in the legislative capacity, it conducts investigations and enforces actions as per its executive function and it also passes orders and rulings as per its judicial capacity.The Indian Government has been vested SEBI with the following powers:

  • for approving the by−laws of stock exchanges.
  • requiring the stock exchange for amending their by−laws.
  • inspecting the books of accounts and calling for periodical returns from the recognized stock exchanges.
  • inspecting the books of accounts of the financial intermediaries.
  • compelling companies for list their shares on stock exchanges.
  • registration brokers.

At Taxguru, we bring you all the recent and the latest news on SEBI and SEBI regulations. Our panel of experts publishes SEBI circulars as and when there are any developments. Find out all the trending and latest SEBI news here at Taxguru. Get to know more about SEBI Act and SEBI regulations with blogs and articles published by our experts.