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 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 : SEBI has allowed AIFs to retain liquidation proceeds beyond the permissible fund life under specified conditions while introducing...
Market regulator SEBI today extended the deadline for mutual funds to implement the ASBA facility for new fund offers to October 1. Under ASBA–Application Supported by Blocked Amount– deposits of applicants remain in their accounts till the shares are alloted.
The Takeover Advisory Committee has proposed to replace the Securities Exchange Board of India (“SEBI”) (Substantial acquisition of shares and takeovers) Regulations, 1997 (“Takeover Code”) in line with international standards and changing economic environment. The Committee constituted vide SEBI order dated 4 September, 2009, under the Chairmanship of Shri C. Achuthan (former Presiding Officer of Securities Appellate Tribunal) has comprehensively re-written the Takeover Code and submitted a report to SEBI.
As part of efforts to attract more retail investors to the stock market, Sebi is considering a proposal wherein the institutional investors would be first asked to submit their bids, possibly in the first two days, and then the remaining two days would be open only for retail investors, provided the IPO is open for four days.
Mutual fund houses are strongly resisting a proposal from market regulator SEBI for treating small investors at par with large institutional ones in terms of various charges, such as exit-loads, with the argument that retail investors are costlier to service.
The Securities and Exchange Board of India (SEBI) has constituted the Takeover Regulations Advisory Committee under the Chiarmanship of Mr. C. Achutan with the mandate to examine and review the Takeover Regulations of 1997 and to suggest the suitable amendments as deemed fit. The Committee has submitted its report on July 19, 2010 and structured its report into three parts
Most mutual funds have barred use of mobile phones in their dealing rooms to prevent front-running, though regulations didn’t require them to do so until recently. Last week, the Securities and Exchange Board of India (Sebi) made this ban official on the heels of its recent order, which pulled up an equities dealer at HDFC Asset Management for leaking information of its planned trades to a few other investors.
The regulator’s direction follows a June 17 order banning HDFC asset management company’s (AMC) former equities dealer, Nilesh Kapadia, from stock market transactions. Kapadia was barred after allegations that he had tipped off his friend before placing orders for the fund house.
The Bombay Stock Exchange will start a separate platform for the small and medium-size (SME) enterprises by the year-end, a top bourse official said today. “We are awaiting Sebi approval. I am hopeful that in 3-6 months we will start the SME exchange,” BSE Deputy CEO Ashish Chauhan told PTI.
A newly-constituted Division Bench at Bombay High Court will hear anew the petition filed by audit firm Price Waterhouse challenging the jurisdiction of capital market regulator SEBI to investigate its role in the multi-crore Satyam fraud.
A Sebi panel has suggested tax parity be introduced for shareholders who tender their shares in open offer and those who sell through the stock market. According to the Sebi Takeover Advisory Committee, the open offer only provides an opportunity to investors to exit the company and hence need not be treated as off-market transaction.
