SEBI - Structured Database as Per SEBI (Prohibition of Insider Trading) Regulations, 2015 i.e. SEBI (PIT) Regulations REQUIREMENT TO MAINTAIN STRUCTURED DATABASE: The requirement to maintain structured digital database under Regulation 3(5), containing the names of such persons or entities with whom Unpublished Price Sensitive Information (UPSI)...
Read MoreSEBI - Important updates of MCA, SEBI, Stock Exchange(s) and RBI on Corporate Sector Edition – October, 2021 The corporate sector is undergoing tremendous changes. We are addressing amendments by regulatory authorities on daily basis. This edition gives an information of all regulatory updates by regulatory bodies introduced during the mon...
Read MoreSEBI - Updates of the Ministry of Corporate Affairs (MCA) Circulars ♦ Relaxation in payment of Additional Fees in case of delay in filing Form 8 (LLP): General Circular No. 16/2021 dated 26th October, 2021 The Ministry of Corporate Affairs (MCA) vide its General Circular No. 16/2021 dated 26th October, 2021 has provided relaxation in paying Ad...
Read MoreSEBI - This article is a clause by clause analysis of the powers of the SEBI/Board. A preamble to a statute is a preliminary statement of the reasons which have made the passing of the statute. But the preamble of SEBI Act, 1992 is translated into function of Board under sub section (1) of section 11 of SEBI Act, 1992 (Act)....
Read MoreSEBI - Cyber Security & Cyber Resilience framework for Stock Brokers/Depository Participants Stock brokers and depository participants perform significant functions in providing services to holders of securities. Thus, there is a need for maintaining robust cyber security and cyber resilience framework to protect the integrity of data an...
Read MoreSEBI - Consultation Paper Framework for protection of interest of public equity shareholders in case of listed companies undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC)...
Read MoreSEBI - Listed entities are advised to take note of the below notice inter alia advising regarding Submission of information pertaining to ‘Unclaimed Non-convertible Securities’ as on August 31, 2022, as per format given in the attached notice. The aforementioned information is to be submitted to the email ids mentioned in the attached notice...
Read MoreSEBI - The properties of PACL Ltd. seized by CBI and made available to the Committee are listed on the Committee’s websites namely, sebipaclauctionl.com and www.sebipaclproperties.com....
Read MoreSEBI - SUGGESTED FORMAT COMPLIANCE CERTIFICATE (Pursuant to Regulation 163(2), Part III of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 including any amendment/modification thereof) To The Board of Directors ___________________ (Name of the Company) ____________________ (Address) I/We___________ , Pr...
Read MoreSEBI - The objective of this consultation paper on Review of determination of Offer Price in case of disinvestment of PSU Companies is to seek comments from the public on the proposal to relax certain provision with regard to determination of open offer price in case of divestment of Public Sector Undertaking companies by the Central Government ...
Read MoreIn Re Udit Todi & 13 Others (Securities and Exchange Board of India) - In Re Udit Todi & 13 Others (Securities and Exchange Board of India) Capital markets regulator Sebi on Monday barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter of Lux Industries Ltd. FULL TEXT OF THE ORDER OF SECURITIES A...
Read MoreKasturba Health Society Vs Union of India (Bombay High Court) - Kasturba Health Society Vs Union of India (Bombay High Court) On going through the impugned orders challenged here, we find that these orders do not answer the basic question raised by the petitioner-society. The question raised by the petitioner-society was as to whether or not, the petitioner-soci...
Read MoreIn re Dwitiya Trading Limited (SEBI) - In re Dwitiya Trading Limited (SEBI) The conduct of the Noticee in not paying heed to the summonses issued by SEBI and resultant non-cooperation with the process of investigation cannot be taken lightly. The SEBI Act grants powers of investigation and collection of information/documents for the purp...
Read MoreIn re Reliance Industries Ltd (SEBI) - In re Reliance Industries Ltd (SEBI) It was observed by RIL has entered into a scheme of manipulative trades in respect of the sale of 5% of RIL stake in RPL. However, before undertaking sale transactions in the Cash Segment, RIL fraudulently booked large short positions in the RPL November Futures ...
Read MoreCircular No. SEBI/HO/DDHS/DDHS-RACPOD2/P/CIR/2022/168 - (01/12/2022) - Representation has been received from CRAs requesting for extension of the date of applicability of the standardized industry classification. In view of representation received from CRAs, it has been decided to extend the date of applicability of the standardized industry classification till Decembe...
Read MoreCircular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2022/166 - (30/11/2022) - SEBI allows units of Equity Exchange Traded Funds (Equity ETFs) categorized as Group-I security as per provisions of SEBI Circular MRD/DoP/SE/Cir-07/2005 dated February 23, 2005 as an eligible security for MTF as well as an eligible collateral under MTF....
Read MoreCircular No. SEBI/HO/MRD2_DCAP/P/CIR/2022/165 - (30/11/2022) - Obligations arising out of cash segment settlement and physical settlement of F&O segment, upon expiry of stock derivatives, shall be settled on net basis as against current approach of settling such obligations separately....
Read MoreCircular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/167 - (30/11/2022) - In order to bring about clarity and standardization in the process of issuance and listing of such securities, on private placement basis, a list of the steps involved, pre-listing and post-listing, and relevant timelines have been detailed, both through Electronic Book Provider (EBP) platform and o...
Read MoreCircular No. SEBI/HO/IMD/IMD-1 DOF2/P/CIR/2022/164 - (29/11/2022) - Mutual fund scheme shall not invest more than 10% of its NAV in debt instruments, issued by a single issuer, comprising money market securities and non-money market securities rated investment grade or above by a Credit Rating Agency (CRA)....
Read MoreCircular No. SEBI/HO/DDHS/DDHS-RACPOD2/P/CIR/2022/168 - 01/12/2022
Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2022/166 - 30/11/2022
Circular No. SEBI/HO/MRD2_DCAP/P/CIR/2022/165 - 30/11/2022
Circular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/167 - 30/11/2022
Circular No. SEBI/HO/IMD/IMD-1 DOF2/P/CIR/2022/164 - 29/11/2022
Circular No. SEBI/HO/MIRSD/ MIRSD-PoD-2/P/CIR/2022/163 - 28/11/2022
Circular No. SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/161 - 25/11/2022
SEBI/HO/MIRSD/DoP/P/CIR/2022/162 - 25/11/2022
Circulars No. SEBI/HO/MIRSD/TPD-1/P/CIR/2022/160 - 25/11/2022
Circular No. SEBI/HO/DDHS/DDHS_Div1 /P/CI R/2022/158 - 24/11/2022