Registration as Registrar to an Issue and Share transfer Agent 1. Application to be made in Form A 2. Application to be accompanies by Non refundable Fee of Rs. 20,000/- . – Refer Note Number 1 3. Types of Application: a) Category I: to carry on the activities as a registrar to an issue and […]...

Article explains What is a Real Estate Investment Trust (REIT), Criteria which REITs need to adhere for their qualification as per SEBI guidelines 2019, Taxability of REITs under the Act, Taxability of REIT in the hands of Unit Holders and Future of REITs in India. What is a Real Estate Investment Trust (REIT)Page ContentsWhat is [&hellip...

SEBI expands the ambit of Business Responsibility Reporting (BRR) by notification No. SEBI/LAD-NRO/GN/2019/45 dated 26.12.2019 (Securities and Exchange Board of India – Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2019. Before discussing the amendments, first we understand the concept and relevant ...

Understanding Provisions w.r.t, dealing of securities by promoters in the light of SEBI (Prohibition of Insider Trading Regulation) 2015 The objective of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) is to prevent Insider Trading by prohibiting trading, communicating, counseling or procuring Unpublish...

Listed Companies are the ones whose shares are listed on recognised stock exchange(s). All Listed entities are required to make disclosures to the concerned stock exchange(s) from time to time under various regulations issued by SEBI (Securities and Exchange Board of India). Following are some of the regulations under which disclosures ar...

SEBI’s Turn out on Defaults on Payment of Interest /Repayment of Principal Amount on Loans From Banks / Financial Institutions by Listed Entities Default occur when borrower is unable to make timely payments or avoid to make payments which ultimately lead to failure to meet the legal obligations (or conditions) of a loan. In this [&hell...

Karvy Stock Broking limited according to the SEBI, transferred client's pledged shares in its account and transferred a stupendous amount of Rs 1,096 crore to its own group company, Karvy Realty Pvt. Ltd, within the time span of April 1, 2016, and October 19, 2019....

Pursuant to Companies (Prospectus and allotment of Securities) Rules, 2014, every unlisted public company is required to secure International Security Identification Number (ISIN) for each type of security and facilitate dematerialisation of all its existing securities. To obtain a fresh ISIN, a company has to approach a SEBI registered R...

Since last one year, SEBI has brought in a number of new regulations to improve the health of the broking industry. One of the circulars was issued by SEBI on 20th June 2019, which results into fallout of many broker firms, the bigger one is the Karvy....

SEBI Regulations prohibit issuance of shares with superior voting rights by listed companies.  The present regulatory regime dealing with issuance of DVR shares include the following: SEBI Listing Regulations, 2015:Reg 41(3) prohibits a listed company from issuance of shares which may confer on any person superior rights as to voting or...