IntroductionIn exercise of the powers conferred under the relevant provisions of the SEBI Act,1992 read with Section 31 of the Securities Contracts(Regulation)Act,1956,the above Regulations have been notified by SEBI on September 2, 2015 and shall be
Capital market provides long-term debt and equity finance for the government and the corporate sector. Thus, capital market plays an essential role in the economic development of any country. Various measures have been adopted in the last decade to make the securities market in India better ...
Under the new guidelines, registered market intermediaries and ‘Market Infrastructure Institutions’ (MIIs), which include stock exchanges, clearing corporations and depositories, etc., are required to ensure that no real-time price data is shared with any third party unless the “sharing of such i...
This follows the RBI’s issuance ofnew guidelinesin August 2024, imposing bans on P2P lending companies from advertising P2P loans as investment products. Further, the RBI mandated new fund transfer provisions enabling fund transfer through escrow account mechanisms operated by a bank-promoted...
The introduction of the CSCRF is a significant step taken SEBI, however, its effectiveness shall depend on its implementation. Regulated Entities have been provided with clear guidelines for to follow by SEBI, along with a timeline for compliance. Regulated Entities are required to submit r...
ISSUE OF SHARES 16.1. Upon this Scheme becoming effective and in consideration for the Amalgamation of KSPL into KCL, in terms of this Scheme, KCL shall, without any further application, act or deed, issue and allot equity shares to the Equity Shareholders of KSPL or such of their ...
31. The stock broker and client shall reconcile and settle their accounts from time to time as per the Rules, Regulations, Bye Laws, Circulars, Notices and Guidelines issued by SEBI and the relevant Exchanges where the trade is executed. 32. The stock broker shall issue a contract note to ...
for falsified books of account of a company since the burden of proof established by the SAT order is onerous on SEBI. This may allow unscrupulous auditors to escape the regulatory net even though their actions have led to losses to investors in the securities market. This would also diminish...
As per the guidelines, Mutual Funds would also have to include a disclaimer that "investors should consult their financial advisers if they are not clear about the suitability of the product". Amendment to SEBI [(Know Your Client) Registration Agency] Regulations, 2011 and relevant Circulars SEBI...
The genesis and roles of SEBI and need for a proper legal, financial and institutional set-up is highlighted. The technological development has made the India Capital Market an operationally efficient market but there is a decline in number of issues. The lack of investors interest has put a ...