SEBI modifies provisions pertaining to Electronic Book Provider platform
On 10-10-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular on review of provisions pertaining to
SEBI
SEBI issues circular on Participation of SEBI registered FPIs in Exchange Traded Commodity Derivatives in India
On 29-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular on participation of SEBI registered Foreign
SEBI extends timeline for entering details of existing outstanding non- convertible securities into DLTs by one month
On 3-10-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular on extension of timeline for entering
Key Takeaway’s from SEBI’s Board Meeting
The following key decisions have been taken in the SEBI’s Board Meeting on 30-09-2022. Key points: Introduction of Regulatory Framework to facilitate
SEBI issues circular on Credit Ratings supported by Credit Enhancement
On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular modifying the guidelines on Credit Ratings
SEBI issues Amendment to guidelines for preferential issue and institutional placement of units by a listed InvIT/ REIT
On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued circulars modifying the guidelines for preferential issue and
SEBI permits REITs and InvITs to issue Commercial Papers
On 22-09-2022, the Securities and Exchange Board of India has issued circulars stating that InvITs/REITs may issue listed commercial papers subject to
SEBI issues circular on Validation of Instructions for Pay-In of Securities from Client Demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations
On 19-09-2022, the Securities and Exchange Board of India(‘SEBI') issued a circular on validation of Instructions for Pay- In of
Shareholders of Tamilnad Mercantile Bank restrained by SEBI to participate in IPO; SAT quashes appeals as the aggrieved parties were not part of Offer for Sale
Securities Appellate Tribunal, Mumbai (SAT): While quashing the appeal preferred by the appellants against the order dated 12-05-2022 passed by the Securities
SEBI issues circular to prevent performance/return claimed by regulated platforms offering algorithm strategies for trading
On 02-09-2022, the Securities and Exchange Board of India (‘SEBI') issued a circular on performance/ return claimed by unregulated platforms
Explained| Retroactive, True Retroactivity, Quasi-retroactivity, and Retrospective: Synonymous or distinct?
“Merely because a law operates on certain circumstances which are antecedent to its passing does not mean that it is retrospective.”
SC upholds applicability of SEBI Circular; but gives a green signal to Reliance Commercial Finance resolution to avoid “unscrambling of resolution process”
“Such unscrambling of the resolution process will not only prove time-consuming, but may also adversely affect the agreed realized gains to the retail debenture holders, who have already consented to the negotiated settlement before the High Court.”
SEBI amends SEBI (CRA) Regulations, 1999; allowing disclosures to be used in fair assessment of Credit Rating Agencies
On 25-08-2022, the Securities and Exchange Board of India (‘SEBI') has issued a circular on Enhanced Disclosures by Credit Rating
SEBI issues circular on participation of financial account aggregators in Account Aggregator framework
On 19-08-2022, SEBI has issued a circular on participation of financial account aggregators in Account Aggregator framework. The Account Aggregators
SEBI makes Block mechanism mandatory for all Early Pay-In transactions
On 18-08-2022, SEBI has issued a circular on making the facility of block mechanism mandatory for all Early Pay –
SEBI issues Circular on enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence
On 04-08-2022, the Securities and Exchange Board of India (‘SEBI’) issued enhanced guidelines for debenture trustees and listed issuer companies on security
SAT | Directions of debarment and the penalty imposed by Whole time Member held to be harsh and excessive ; Penalty reduced by 75%
Securities Appellate Tribunal, Mumbai (SAT): While dealing with the appeal preferred by the appellants against the order dated 08-06-2021 of
SAT| Shareholders can ratify Director’s Breach of Duty through a special resolution
Securities Appellant Tribunal, Mumbai: The Bench of Tarun Agarwala, J., Presiding Officer, and Meera Swarup, Technical Member, while allowing the appeals held
Sponsors which invest in various companies on behalf of the beneficiaries of insurance policies excluded from the definition of ‘Associate’ vide SEBI (Mutual Funds) (Second Amendment) Regulations, 2022
The Securities and Exchange Board of India has made SEBI (Mutual Funds) (Second Amendment) Regulations, 2022 to further amend the Securities and
Insider Trading: What must the Regulator Prove? Balram Garg v. SEBI: A case comment
by Varghese George Thekkel†