SEBI - Page 301

SEBI : E.Ds/M.Ds. of all Stock Exchanges

SMD/Policy/Cir/97 (17/07/1997)

With regard to the order of the Hon'ble High Court of Delhi dated 13.06.97, we have been provided with a list of 40 CRB Group Companies by the Reserve Bank of India, which are coming within the purview of said order....

Read More

SEBI : SMD/Policy/CIR-15/97

SMD/Policy/CIR-15/97 (01/07/1997)

After taking above mentioned measures, details of such members should also be communicated to SEBI on an URGENT basis. List of 75 group companies of CRB is enclosed....

Read More

SEBI : Amendment in SEBI (Mutual Funds) Regulations, 1996

IIMARP/MF/CIR/11/1171/97 (20/06/1997)

Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 have been amended which was notified on April 15, 1997. A copy of the notification* is enclosed for your information...

Read More

SEBI : (Substantial Acquisition of Shares and Takeovers) Regulations 1997

Notification No. S.O. No. 124(E) (20/02/1997)

Where there are two or more persons in control over the target company, the cesser of any one of such persons from such control shall not be deemed to be a change in control of management nor shall any change in the nature and quantum of control amongst them constitute change in control of management....

Read More

SEBI : SMD/POLICY/5719/96

SMD/POLICY/5719/96 (23/12/1996)

The issue relating to the listing of debt securities of a company without prior requirements of its equity having been listed has been considered by SEBI and it has been decided in view of the consistent changes taking place in the capital markets and with basic intention of offering depth to the debt market....

Read More

SEBI : SMD/POLI CY/IECG/5694/96

SMD/POLI CY/IECG/5694/96 (20/12/1996)

in the event if cancellation/suspension of the registration as stock broker because of any disciplinary action taken against the member by Exchange/SEBI, the member will not be eligible to be elected and/or to continue on the Governing Board.You are advised to implement the above with immediate effect....

Read More

SEBI : (Mutual Funds) Regulations, 1996

Notification No. S.O.No.856(E) (09/12/1996)

In exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India, Act 1992, (15 of 1992) the Securities and Exchange Board...

Read More

SEBI (Venture Capital Funds) Regulations 1996

Notification No. S.O. 850(E) (04/12/1996)

In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) the Securities and Exchange Board of India hereby, makes the following regulations....

Read More

SEBI : SMD/Policy/4296/96

SMD/Policy/4296/96 (04/10/1996)

In the meeting held on September 18, 1996 at SEBI, where representative of all Stock Exchanges were present, the bad delivery cell procedures were finalized. It was unanimously agreed that bad-delivery cell at all Stock Exchanges would start functioning within one month....

Read More

SEBI : Uniform Norms and Practices for Custodians of Securities.

CIrcular No. IIMARP/CUST/1/1996 (03/10/1996)

Custodians shall adopt the Uniform Good/Bad Delivery Norms, including norms for rectification of bad deliveries through Bad Delivery Cell, framed by SEBI and circulated to all the stock exchanges, as amended from time to time....

Read More

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.