Bombay HC Rebukes SEBI For Non-Compliance With Court Order, Says Being A Public Body It Must Inspire Confidence Of Investors, Court

The Bombay High Court on Friday pulled up the Securities and Exchange Board of India (SEBI) for not complying with the Court's order directing it to furnish documents concerning proceedings initiated against Bharat Nidhi Ltd (BNL), a company owned by Times Group MD Vineet Jain.A division bench of Justice GS Kulkarni and Justice Jitendra Jain, while directing SEBI to comply with the concerned order dated October 23, 2023 and furnish the requested documents to the complainants, observed that...

SEBI Concealed 2014 DRI Alert About Adani Group Manipulations, Has Conflict Of Interest : Petitioner Tells Supreme Court

The petitioner said that a member of the SEBI's committee on corporate governance is related to Gautam Adani.

SEBI Concealed 2014 DRI Alert About Adani Group Manipulations, Has Conflict Of Interest : Petitioner Tells Supreme Court

The petitioner said that a member of the SEBI's committee on corporate governance is related to Gautam Adani.

Adani-Hindenburg Row | ‘Probe into Non-Compliance with Minimum Public Shareholding Requirements Still Underway’: SEBI Tells Supreme Court

The Securities and Exchange Board of India (SEBI) has informed the Supreme Court that out of the 24 investigations in the Adani-Hindenburg matter, 22 have attained finality, while the remaining two are currently underway. In an affidavit, the market regulator has stated – “Out of the 24 investigations, 22 are final in nature and two are interim in nature. As on date, the said 22 final investigation reports and one interim investigation report are approved by the competent authority in...

Adani-Hindenburg Row | ‘Probe into Non-Compliance with Minimum Public Shareholding Requirements Still Underway’: SEBI Tells Supreme Court

The Securities and Exchange Board of India (SEBI) has informed the Supreme Court that out of the 24 investigations in the Adani-Hindenburg matter, 22 have attained finality, while the remaining two are currently underway. In an affidavit, the market regulator has stated – “Out of the 24 investigations, 22 are final in nature and two are interim in nature. As on date, the said 22 final investigation reports and one interim investigation report are approved by the competent authority in...

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If you are a corporate law enthusiast, you would know how important/relevant is the knowledge of Company law. The major chunk of functioning of law firms dealing with the corporate side of law rests on company law and thus it becomes imperative for any law student, company secretary, transaction lawyer, compliance lawyer, Independent advocate or anyone seeking to work in a corporate firm to gain theoretical & practical knowledge on company law. In order to become a corporate lawyer, you...

Industry Standards Forum To Facilitate Ease Of Implementation Of Regulations: SEBI

Securities and Exchange Board of India (SEBI), the regulator for capital markets, announced that within the next three to four months, three industry associations will develop guidelines to implement measures concerning the verification of rumors and the fulfillment of environment, social, and governance (ESG) assurance requirements.The associations – Associated Chambers of Commerce and Industry of India (ASSOCHAM), Confederation of Indian Industry (CII) and Federation of Indian Chambers of...

Industry Standards Forum To Facilitate Ease Of Implementation Of Regulations: SEBI

Securities and Exchange Board of India (SEBI), the regulator for capital markets, announced that within the next three to four months, three industry associations will develop guidelines to implement measures concerning the verification of rumors and the fulfillment of environment, social, and governance (ESG) assurance requirements.The associations – Associated Chambers of Commerce and Industry of India (ASSOCHAM), Confederation of Indian Industry (CII) and Federation of Indian Chambers of...

SEBI Issues Circular To Provide Facility To Remedy Erroneous Transfers In Demat Accounts

In a significant move aimed at enhancing investor protection and facilitating the swift reversal of erroneous transfers in demat accounts, the has issued a new circular, SEBI/HO/MIRSD/MIRSDPoD-1/P/CIR/2023/139, dated August 8, 2023. This circular introduces a streamlined mechanism for the exemption from One Time Password (OTP) requirements for the reversal of mistaken transfers.The earlier circular, SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/71, mandated the use of OTP for all off-market...

SEBI Reduces IPO Listing Timeline To T+3 Days

In a significant move aimed at streamlining the Initial Public Offering (IPO) process and bolstering the ease of doing business in India's capital markets, the Securities and Exchange Board of India (SEBI) has announced a reduction in the timeline for listing shares on stock exchanges following the closure of IPOs.The regulatory body has cut the listing timeframe from the current T+6 (where 'T' signifies the days of the closure of the issue) to T+3 days, a decision that is expected to have...

The Influencing Industry: Balancing Power, Ethics, and Protection

Social media influencers significantly influence consumer choices, but the rise of incorrect advice and misleading information raises concerns. Blindly following influencers can have adverse consequences, highlighting the need for research and guidance. Regulatory measures and guidelines promote transparency and protect consumers. Influencers must prioritise disclosure, clear communication, due diligence, and understanding of consequences. By adhering to policies, influencers contribute to a...

Need For Regulation Of “Finfluencers” By SEBI

We usually see content creators in our vertical content feed while scrolling our phones, they bring some catchy hook to hold our dopamine, with some graphical editing, they tell you how this reel or shorts is going to help to make money in the stock market, and we keep watching it for hours. Recently a content creator in the finance niche Mr. PR Sundar, a "Finfluencer" who provided financial advice, was banned by the Securities and Exchange Board of India (SEBI). SEBI has highlighted the...