SEBI limits trading in security receipts to qualified buyers
A private placement, rather than a public issue, is the markets regulator’s favoured route to start trading in securities receipts issued by
SEBI
SEBI (Settlement of Administrative and Civil Proceedings)(Second Amendment) Regulations, 2017 notified
SEBI in exercise of the powers conferred under Section 15JB of the Securities and Exchange Board of India Act, 1992, Section 23JA
SEBI stratagems rules for uniform pricing of corporate bonds
To deepen the corporate bond market, regulator Securities and Exchange Board of India (SEBI) plans to come out with a methodology for
SEBI recommends new tax rules for alternative investment products to revitalize hedge fund industry
India’s market regulator has recommended new tax rules for alternative investment products that would boost the country’s fledgeling hedge fund industry. The
SEBI: Asset Management Companies to prominently disclose Total Expense Ratio of all schemes on daily basis
1. It is observed that there are frequent changes carried out in Total Expense Ratio (TER) and such changes are not prominently
SEBI issues guideline on appointment of Auditors of Mutual Fund
CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2017/125 Sub: Enhancing fund governance for Mutual Funds In order to strengthen the governance structure for Mutual Funds (MFs), it has
SEBI : Non-compliance with corporate governance not to be tolerated
Securities and Exchange Board of India: The interim order passed in accordance with Securities and Exchange Board of India Act, 1992, by
Sahara matter: Official Receiver of Bombay HC to oversee Aamby Valley auction
Supreme Court: Appointing the Official Receiver of the Bombay High Court as the receiver for the auction of the Aamby Valley Property,
Insider trading: Recipient of ‘confidential information’/’Tippee’ can be held liable for fraud
Supreme Court: Dealing with the legality of ‘non-intermediary frontrunning’ in security market under the Securities and Exchange Board of India (Prohibition of
SC tells Sahara chief Subrata Roy, enough is enough; Orders auction of Aamby Valley
Supreme Court: The 3-judge bench of Dipak Misra, CJ and Ranjan Gogoi and Dr. AK Sikri, JJ , refusing to grant of
2002 Amendment to Section 26 of SEBI Act is retrospective in nature; All offences committed before 29.10.2002 will stand vested in the new forum
Supreme Court: In the case where it was argued that for offences allegedly committed under Section 26(2) of the Securities and Exchange
Sahara Matter: Deposit Rs. 1500 Cr by September 7 or the Aamby Valley property will be auctioned
Supreme Court: The bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri , JJ told the Sahara Group of Companies and
SEBI Circulars cannot be challenged in SAT: Rules Supreme Court of India
By Mr. Audip Ghosh, Senior Associate Partner at ROYZZ & CO. He can be contacted at audip[at]royzz[dot]com.
Sahara directed to sell properties worth Rs.5092.64 crores and deposit the amount on or before 13.04.2017
Supreme Court: Taking note of the list of properties submitted by the Sahara Group of Companies in furtherance of the order dated
Sahara Matter: SEBI directed to attach the Subrata Roy’s Aamby Valley property
Supreme Court: Allowing SEBI to attach the properties belonging to Sahara Group, the Court directed Sahara to file a list of properties
Sahara Matter: Date to deposit Rs. 600 Crores not extended; failure will lead Subrata Roy back to prison
Supreme Court: Refusing to extend the deadline to deposit the amount of Rs. 600 Crores before 06.02.2017, the 3-judge bench of Dipak
Sahara to deposit Rs. 600 Crores before Feb, 2017; failure will lead Subrata Roy back to prison
Supreme Court: The bench of T.S. Thakur, CJ and Ranjan Gogoi and Dr. A.K. Sikri, JJ directed the Saharas to deposit the
SEBI has to ensure that no financial scams take place
Supreme Court: Looking into the matter reflecting the manner of getting excessive number of shares in an irregular manner, adversely affecting the
Offer to issue Non–Convertible Secured Redeemable Debentures (“NCDs”) is a public issue
Securities and Exchange Board of India (SEBI): In its prima facia order the SEBI has directed Goldmine Agro Limited (GAL) that the
Sahara chief to stay in Tihar Jail’s conference room for 10 days
Supreme Court: The 3-judge bench of TS Thakur, AR Dave and Dr. AK Sikri, JJ has, for a period of 10 working