SECURITIES LAW
Assistant Manager (General) Vacancy At SEBI
Securities and Exchange Board of India invites application for the post Assistant Manager under the General stream. Name of the Post: Assistant Manager (General) No. of Post: 80 (Eighty) Essential Qualification and Experience Bachelor's Degree in Law from a recognized University / Institute How to apply? To apply online click here Important Date · Commencement of on-line registration of application: 07/03/2020 · Closure of registration...
Assistant Manager (Legal) Vacancy At SEBI
Securities and Exchange Board of India invites application for the post Assistant Manager under the Legal Stream. Name of the Post: Assistant Manager (Legal) No. of Post: 28 (Twenty-Eight) Essential Qualification and Experience <> Bachelor's Degree in Law from a recognized University / Institute How to apply? <> To apply online click here Important Date · Commencement of on-line registration of application: 07/03/2020 · Closure...
Winding Up Of Franklin Templeton Schemes: Regulatory Frame Work
INTRODUCTION As the disclosure states "Mutual fund investments are subjected to market risk" is not just a mere caveat but a decisive factor which the investors and their advisors should consider prior to the investments. Assets Under Management (AUM) of Indian Mutual Fund Industry as on March 31, 2020 stood at Rs. 22,26,203 crore. The AUM of the Indian MF Industry has grown from 6.14 trillion as on 31st March, 2010 to 22.23 trillion as on 31st March, 2020 more than 3½ fold...
Assistant Manager (Legal) Vacancy At SEBI
Securities and Exchange Board of India invites application for the post Assistant Manager under the Legal stream. Name of the Post: Assistant Manager (Legal) No. of Post: 28 (Twenty-Eight) Essential Qualification and Experience Bachelor's Degree in Law from a recognized University / Institute How to apply? To Apply online click here Important Date On-Line Application and Payment of fee On-Line: 07/03/2020 to 30/04/2020 To Access Official Notification click here
Assistant Manager (General) Vacancy At SEBI
Securities and Exchange Board of India invites application for the post Assistant Manager under the General stream. Name of the Post: Assistant Manager (General) No. of Post: 80 (Eighty) Essential Qualification and Experience Bachelor's Degree in Law from a recognized University / Institute How to apply? To apply online click here Important Date On-Line Application and Payment of fee On-Line: 07/03/2020 to 30/04/2020 To Access Official Notification click...
SARFAESI & Co-operative Banks: 'If I Am A Cooperative Society In Stock Market, I Can't Say I Am Not Bound by SEBI':SG Tells SC
The Five Judge Constitution Bench headed by Justice Arun Mishra resumed hearing on the question of applicability of The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 on Co-operative Societies/Banks.A three judge bench, referred this matter to constitution bench noticing the conflicting decisions in Greater Bombay Coop. Bank Ltd. vs. United Yarn Tex (P) Ltd. and others [(2007) 6 SCC 236] and the earlier pronouncements of this Court in Delhi...
Satyam Scam : SC Issues Notice On SEBI's Challenge Against SAT Quashing Price Waterhouse Ban
The Supreme Court has issued notice on appeal filed by SEBI against the SAT's order) quashing the SEBI order imposing a two year ban on the accounting firm Price Waterhouse(PW) for its alleged involvement in the Satyam scam. Further, the apex court has also stayed the part of decision, insofar as it held that SEBI did not have the jurisdiction to debar auditors and auditing firms from auditing the books of a listed Company or from certifying any report of a listed Company. The ban was...
SAT Quashes SEBI Ban On Price Waterhouse For Alleged Conspiracy In Satyam Scam [Read Judgment]
The Securities Appellate Tribunal has quashed the SEBI order imposing a two year ban on the accounting firm Price Waterhouse(PW) for its alleged involvement in the Sathyam scam.The ban was imposed by the Whole Time Member(WTM) of the Securities and Exchange Board of India (SEBI) in January 2018 under Sections 11, 11B of the SEBI Act barring PW from directly or indirectly issuing any certificate of audit of listed companies, compliance of obligations of listed companies and intermediaries...
"The Board Has Committed A Serious Error" Bombay HC Grants Relief To NDTV, Sets aside SEBI's Orders Rejecting Condonation Of Delay [Read Judgment]
The Bombay High Court on Wednesday allowed a petition filed by New Delhi Television Ltd and set aside orders passed by the Securities and Exchange Board of India rejecting NDTV's applications for condonation of delay in filing settlement applications after SEBI initiated adjudication proceedings against the channel for alleged violations of the Securities Contract (Regulation) Act, 1956. Division bench of Justice Akil Kureshi and Justice SJ Kathawalla held that the grounds made out for...
SAT Sets Aside Penalty Imposed By SEBI On Directors Of P G Electroplast As "Grossly Disproportionate"
The SAT was of the view that the AO had exceeded its power in imposing the maximum penalty under section 15J of the SEBI Act. Finding the penalty as “grossly disproportionate to the violation”, the impugned order imposing the penalty of 1 cr. each on the directors was set aside.
Basic Idea Behind Disgorgement Is Restitution: SAT Allows Investors' Plea For Compensation
The Securities Appellate Tribunal (SAT) has directed SEBI in a case to compensate victims of an investor fraud scheme by utilising funds either from the disgorgement money received from the wrongdoer, or from its 'Investor Protection and Education Fund'. The SAT is a tribunal that hears appeals against SEBI rulings. The direction by SAT came on an appeal filed by two investors, husband and wife, challenging a SEBI order dated 28th...