Consent Orders- A Win-Win for all?
by Divya Arora*
SEBI
Enhancing public shareholding in listed entities – boon or bane?
By Bhumesh Verma* and Mihir Deshmukh**
Securities and Exchange Board of India & Capital and Debt Market services as notified by SEBI to remain functional during lockdown
In terms of Order No. 40-3/2020-DM-I(A) dated March 24, 2020 of the Ministry of Home Affairs, the Securities and Exchange Board of
Relaxation from compliance with certain provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to — COVID-19 pandemic
The disclosure filings under Regulations 30(1), 30(2) and 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SAST Regulations),
SEBI | Relaxation from compliance to REITs and InvITs due to the CoVID -19 virus pandemic
1. Due to the developments arising due to the spread of the COVID 19 virus, a need for temporary relaxations in compliance
Cabinet approves — Updating EU Alternative Investment Fund Managers Directive MoU signed between SEBI and Financial Conduct Authority, UK
The Union Cabinet has approved the proposal of the Securities & Exchange Board of India (SEBI) to sign an updated Alternative Investment
SC dilutes unwarranted observations made by SAT casting aspersions on SEBI’s role in disposing of complaint connected with Times Group
Supreme Court: A Division Bench of Arun Mishra and Indira Banerjee, JJ., diluted certain adverse observations made by the Securities Appellate Tribunal
Amendments made to — Guidelines pertaining to “Core Settlement Guarantee Fund” & “Default Waterfall for Clearing Corporations”
SEBI vide its Circular no. CIR/MRD/DRMNP/25/2014 dated August 27, 2014, has, inter alia, specified guidelines pertaining to Core Settlement Guarantee Fund and
Babita Rayudu takes charge as Executive Director, SEBI
Appointment of Executive Director of SEBI Ms G. Babita Rayudu took charge as Executive Director in SEBI on 01-01-2020. She will handle
SEBI | Informant policy in relation to insider trading laws
Submission of Information to the Office of Informant Protection Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT
Cabinet approves introduction of International Financial Services Centres Authority Bill, 2019 in Lok Sabha, after withdrawal from Rajya Sabha
The Union Cabinet approved for withdrawing of the International Financial Services Centres Authority, 2019 Bill which was introduced in the Rajya Sabha
Informant Mechanism — SEBI’S latest scheme to tackle Insider Trading
by Utkarsh Jhingan† and Rakshit Raj Singh††
SEBI constitutes working group on ‘Social Stock Exchanges’ (SSE)
The Hon’ble Finance Minister as part of the Budget Speech for FY 2019-20 had proposed to initiate steps towards creating a social
SAT | In case of violation of market norms (withholding of dividends), it is SEBI’s duty to inquire and take action under S. 124 of Companies Act
Securities Appellate Tribunal (SAT), Mumbai: Coram of Justice Tarun Agarwala (Presiding Officer), Dr C.K.G. Nair (Member), and Justice M.T. Joshi (Judicial Member)
Securities and Exchange Board of India signs MoU with Ministry of Corporate Affairs
A formal Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA), Government of India and the Securities and
SEBI | Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2019 — Notified
No. SEBI/LAD-NRO/GN/2019/21.—In exercise of the powers conferred by Sections 4, 8A and 31 of the Securities Contracts (Regulation) Act, 1956, read with
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2019
No. SEBI/LAD-NRO/GN/2019/08.— In exercise of the powers conferred under Section 30 of the Securities and Exchange Board of India Act, 1992 (15
SAT | Appellant directed to pay simple interest on the amount withdrawn at relevant bank rate to SEBI
Securities Appellate Tribunal (SAT), Mumbai: The Coram of Tarun Agarwala, J., (Presiding Officer), Dr C.K.G. Nair (Member) and M.T. Joshi, J., (Member)
SAT | Appellant failed to produce any documents to show that he had resigned as director; application at a belated stage rejected
Securities Appellate Tribunal: The Bench of Tarun Agarwala, Presiding Officer and Dr C.K.G. Nair, Member rejected an application filed at a later
Exemption granted from application of Section 3(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Securities and Exchange Board of India (SEBI): G. Mahalingam, whole time Member, in this order granted exemption from application of Section 3(2)