Category: IBC-SEBI
👍👍👍👍👍STT hike does more good than harm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/stt-hike-does-more-good-than-harm/article66676724.ece The hike in STT on futures and options can check rampant speculation, besides correcting some imbalances in the market Every year when the
👍👍👍SEBI approves setting up backstop fund for debt mutual funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/new-backstop-fund-mooted-to-bail-out-mf-debt-schemes-in-distress/article66676446.ece SEBI has made the Board of AMC responsible for protecting unitholders’ interests SEBI has introduced the “Corporate Debt Market Development Fund”, a backstop facility
👍👍👍Ensuring true independence | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ensuring-true-independence/3022745/ Independent directors can’t be expected to fulfil their mandate meaningfully when they serve on multiple boards within a promoter group. The need is
👍👍👍👍👍Impact of PMLA tweaks on cryptos, FPIs, non-profit companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-impact-of-pmla-tweaks-on-cryptos-fpis-non-profit-companies/article66625691.ece Tweaks aim to give more teeth to money laundering prevention efforts Crypto exchanges come under the scanner of anti-money laundering laws | Photo
FPIs gets 7 working days time to report any changes to SEBI, depository participants – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/fpis-gets-up-to-7-working-days-time-to-report-any-changes-to-sebi-depository-participants/article66625766.ece Presently information needs to furnished forthwith; SEBI notifies changes effective March 14 Foreign portfolio investors (FPI) will get time up to seven working
🙏🙏🙏🙏🙏🙏🙏Google is not just dominant but ‘super dominant’, CCI tells NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-is-super-dominant-and-not-just-dominant-cci-tells-nclat-123031501159_1.html Argues that competition law puts onus on Google not to abuse its dominant position and not allow its conduct to impair genuine undistorted
–Unfair game | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/unfair-game/3005288/ The RCap case brings to the fore the conflict between value maximisation and insolvency process sanctity The NCLAT has recently given its nod
👍👍👍👍👍👍👍 Sebi resolves 2,672 complaints through SCORES platform in February | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-resolves-2-672-complaints-through-scores-platform-in-february-123031100562_1.html A total of 2,672 complaints against companies and market intermediaries received through capital markets regulator Sebi’s SCORES platform were disposed of in February,
👍👍👍👍👍Sebi announces reward mechanism for informants providing tips on defaulters | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-announces-reward-mechanism-for-informants-providing-tips-on-defaulters-123030900792_1.html With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs
👍Sebi asks investors to link PAN with Aadhaar by March 31 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-asks-investors-to-link-pan-with-aadhaar-by-march-31/article66595614.ece The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions Capital markets regulator Sebi
–Sebi comes out with restrictions on cos opting share buyback via stock exchange mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-comes-out-with-restrictions-on-cos-opting-share-buyback-via-stock-exchange-mechanism/article66596081.ece The company’s purchase order price should be within the range of 1 per cent on either side from the last traded price. Capital
👍Banks could see best quarterly recoveries via IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-could-see-best-quarterly-recoveries-via-ibc/article66596501.ece Monies aggregating about ₹6,600 crore, are expected to be received from the resolution of Sintex Industries and Reliance Home Finance IBC has fared
👍It’s not for SEBI to shield investors from risk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/its-not-for-sebi-to-shield-investors-from-risk/article66592035.ece Indian markets have sufficient regulatory guardrails | Photo Credit: Balaji W S 463@Chennai In the Adani-Hindenburg case, the Supreme Court’s terms of reference
👍👍👍Lack of quorum affecting CCI to take up GST anti-profiteering matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/lack-of-quorum-affecting-tied-cci-hand-to-take-up-gst-anti-profiteering-matters/article66587378.ece CCI has just two members, with one member acting as chairperson, which means no quorum is possible to take up anti-profiteering matters NAA
👍Exemplary penalties are called for in the Axis case – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/exemplary-penalties-are-called-for-in-the-axis-case/article66577104.ece In seeking to bar Viresh Joshi and co from the markets and impound their ill-gotten gains, SEBI appears to be letting off the