Securities and Exchange Board of India
SEBI : This article explains how Electronic Gold Receipts (EGRs) create a regulated, exchange-traded market backed by physical gold. It h...
CA, CS, CMA : This weekly roundup covers key notifications, circulars, and judicial rulings issued by GST, Customs, RBI, SEBI, MCA, IBBI, and ot...
SEBI : The SAT's ruling in Alpesh Vasanji Furiya v. SEBI is a significant clarification of the relationship between securities enforcem...
SEBI : SEBI flagged alleged revenue misrepresentation, undisclosed fund transfers, and accounting irregularities, raising concerns over d...
CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
SEBI : SEBI has proposed significant changes to trading software and IT regulations by merging overlapping provisions and removing obsole...
SEBI : SEBI has proposed wide-ranging changes to the MTF framework to improve risk management and operational efficiency. The consultatio...
SEBI : SEBI has proposed a uniform framework for fixing price bands and pre-open base prices for scrips listed on multiple exchanges. The...
SEBI : SEBI has proposed replacing name-wise executive remuneration disclosures with consolidated disclosures for AMCs. The move seeks to...
SEBI : Following representations from the Bharat InvITs Association, SEBI has proposed amendments to NDCF computation rules. The draft in...
SEBI : The Supreme Court held that SEBI failed to establish fraud and market manipulation in RPL futures transactions. While disgorgement...
SEBI : SEBI overturned an earlier order that had exonerated the company, holding that key transactions allegedly created a misleading pic...
SEBI : The issue was whether failure to refund investor funds is time-barred. The Court held it is a continuing offence, rejecting the li...
Company Law : Supreme Court held that diversion of funds raised through preferential allotment for purposes other than those stated in offer doc...
SEBI : Calcutta High Court directs SEBI to accept Priya Ranjan Sah's payment, citing a one-day delay as not warranting prolonged litigati...
SEBI : SEBI has proposed a unified advertisement framework replacing multiple entity-specific codes with a Common Advertisement Code. The...
SEBI : SEBI has proposed a comprehensive overhaul of its Master Circulars to reduce compliance costs and simplify regulatory requirements...
SEBI : SEBI approved wide-ranging reforms covering transmission of securities, buy-backs, mutual funds, AIFs, municipal bonds, and securi...
SEBI : SEBI has clarified the applicability of the early pay-in facility in the commodity derivatives segment by revising its Master Circ...
SEBI : SEBI cautioned investors against trading unlisted public company securities on electronic platforms that are not recognized by the...
SEBI initiates third round of distribution to affected IPO investors from 2003-2005 irregularities. Get insights on the Wadhwa Committee, disbursement details, and more.
Delve into SEBI’s Regulation 3, detailing stringent requirements and disclosures for acquirers in substantial share acquisitions of listed companies.
Explore SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2023 detailing new regulations for voluntary delisting of non-convertible securities.
Dive into nuances of Social Stock Exchange (SSE), its role, impact, and prerequisites for non-profit organizations to register. Introduction: In recent times, a unique paradigm shift in stock exchanges has taken form – the emergence of the Social Stock Exchange (SSE). In June 2020, the Securities and Exchange Board of India put forth a pivotal recommendation, paving the way for non-profit organizations to gain more visibility and resources. Especially against the backdrop of the economic turmoil caused by the COVID-19 pandemic, understanding the SSE becomes crucial. Understanding the Social Stock Exchange (SSE): 1. Defining SSE: The Social Stock Exchange is not just another segment of conventional stock exchanges. It’s a dedicated platform that aids Social Enterprises in gathering funds from the public using well-established stock exchange mechanisms. 2. The Role of SSE: SSE stands as a bridge connecting Social Enterprises with potential fund providers. The uniqueness lies in its emphasis on measurable social impact. Enterprises registered here are committed to creating, tracking, and reporting the tangible social differences they’re making. 3. Type of Entities on SSE: The SSE is versatile. Whether you’re a Not-For-Profit Organization or a For-Profit Social Enterprise, you can leverage this platform to raise funds. However, the primary intent should always be social betterment, regardless of the profit orientation. 4. Key Features of SSE: The core strength of SSE lies in its mission to simplify, diversify, and bolster the growth of social enterprises. By acting as a hub for social financing, it brings together social enterprises, philanthropists, and investors, streamlining the process of impact investment. Eligibility Criteria for Listing on SSE: 1. Core Social Intent: The enterprise should have a clear focus on creating a social impact. It should align with the 17 Social Development Goals (SDG) and could involve products, services, research, or even governance. 2. Target Audience: Social enterprises should primarily aim at serving underserved or underprivileged populations. The areas or regions they serve should ideally be ones lagging in developmental indicators. Mandatory Pre-requisites for NPOs: 1. Legal Framework: An NPO must be registered as such and should hold valid certifications under Sections 12A/12AA/12AB of the Income Tax Act 1961. 2. Tax Benefits: Valid 80G registration is crucial, signaling that donations to the NPO can avail tax deductions. 3. Track Record: The NPO should have been in operation for at least three years. 4. Financial Health: In the preceding financial year, the NPO should have had an annual spending of a minimum of Rs. 50 lakhs and funding of at least Rs. 10 lakhs. Conclusion: The introduction of the Social Stock Exchange marks a revolutionary step towards integrating social good with financial mechanisms. By offering a regulated platform for social enterprises and NPOs, it promises not only to amplify their reach but also ensure that their endeavors create a sustainable and measurable social impact. As the world grapples with socio-economic challenges, such initiatives pave the way for a more inclusive and empathetic future.
SEBI seeks public input on recognizing a body corporate for supervising Research Analysts. Learn about the proposal, background, and how to provide comments
Explore SEBI LODR Regulation 2015’s requirements for audit, nomination, remuneration, stakeholders relationship, and risk management committees. Learn about committee composition, roles, and meeting norms.
Unraveling SEBI’s 2023 Notification on the (Depositories and Participants) (Second Amendment) Regulations. Dive into its implications, changes, and key takeaways.
SEBI announces the Third Amendment to the Securities Contracts Regulations pertaining to Stock Exchanges and Clearing Corporations for 2023.
Unlock the secrets of Structured Digital Databases (SDD) – a powerful tool for managing Unpublished Price Sensitive Information (UPSI). Explore the concept, intent, and elements of SDD, shedding light on its role in preventing insider trading. Learn why maintaining a comprehensive SDD is crucial for recording the flow of UPSI, identifying key elements, and ensuring compliance with SEBI regulations.
Consultation paper by SEBI seeks public input on voluntary delisting norms under SEBI’s 2021 regulations. Review of reverse book building, alternative mechanisms, and more.
