Clipped from: https://www.financialexpress.com/market/sebi-to-auction-kerala-housing-finance-properties-next-month/2405025/ In August 2017, Sebi had directed Kerala Housing Finance and its promoters as well as directors to refund investors’ money, along with interest,
Category: IBC-SEBI
Supertech case: ‘Return money to homebuyers by Jan 17,’ says SC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supertech-case-return-money-to-homebuyers-by-jan-17-says-sc-122011200929_1.html The top court further asked Noida Authority to finalise the name of the agency that would be given the task to demolish the
Sebi bans Billionaire Solutions, proprietor for unauthorised services | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-bans-billionaire-solutions-proprietor-for-unauthorised-services-122011201414_1.html Sebi on Wednesday barred Billionaire Solutions and its sole proprietor Akash Jaiswal from the capital markets for two years for providing unauthorised investment
Sebi grants recognition to CDSL Ventures as accreditation agency | Business Standard News
lipped from: https://www.business-standard.com/article/companies/sebi-grants-recognition-to-cdsl-ventures-as-accreditation-agency-122011201455_1.html CDSL Ventures is a wholly-owned subsidiary of depository CDSL Markets regulator Sebi on Wednesday said it has granted recognition to CDSL Ventures as an accreditation agency. With
Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/coffee-day-enterprises-promoted-sical-logistics-received-four-firm-bids-under-insolvency-proceedings/articleshow/88862099.cmsSynopsis Lenders are hoping to recover at least one-fourth of their dues from the company which began facing a liquidity crunch after the sudden
Dozen IPOs likely to raise Rs 16,000 crore in March quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/dozen-ipos-likely-to-raise-rs-16-000-crore-crore-in-march-quarter-122011300003_1.html Emcure Pharmaceuticals, ESDS Software Solutions, AGS Transact Technologies, Waaree Energies, Hexagon Nutrition, and Ixigo are among the companies that could launch their issues
Now, Securities Appellate Tribunal pulls up SEBI for ‘judicial indiscipline’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/now-securities-appellate-tribunal-pulls-up-sebi-for-judicial-indiscipline/article38224145.ece?homepage=true SAT comes down heavily on regulator for third time in less than a month The ongoing friction between SEBI and Securities and Appellate
Five Star Business Finance, Waaree Energies get Sebi’s nod to float IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/five-star-business-finance-waaree-energies-get-sebi-s-nod-to-float-ipos-122011001082_1.html Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi’s go-ahead to raise funds
NSE to launch derivatives on mid-cap stocks index from Jan 24 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nse-to-launch-derivatives-on-mid-cap-stocks-index-from-jan-24-122011001123_1.html Nifty Midcap Select Index aims to track the performance of a focused portfolio of 25 stocks within the Nifty Midcap 150 index, NSE
Sebi puts in place framework for operationalising gold exchange | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-puts-in-place-framework-for-operationalising-gold-exchange-122011001100_1.html Capital markets regulator Sebi came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the
Corporate affairs: Focus turns to ‘ease of exits’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/corporate-affairs-focus-turns-to-ease-of-exits/article38202508.ece Not seeing spurt in IBC cases during pandemic After taking giant steps in enabling ease of entry as well as ease of conducting
Related-party transactions: New disclosure norms for debt-listed entities | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/related-party-transactions-new-disclosure-norms-for-debt-listed-entities-122010800030_1.html The new requirement will apply to “high-value debt-listed entities”, Sebi said The markets regulator Sebi on Friday came out with disclosure requirements for listed entities, which have
IPO mandates via UPI decline marginally in December, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/ipo-mandates-via-upi-decline-marginally-in-december-shows-data-122010800027_1.html In December, as many as 12 companies came out with their IPO and mopped up Rs 16,783.75 crore Mandate creation through Unified Payments
Sebi mulls measures to strengthen regulatory framework for CIS | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-measures-to-strengthen-regulatory-framework-for-cis-122010701187_1.html Currently, CIS rules do not mandate minimum number of investors, maximum holding of a single investor or minimum subscription amount To strengthen the
Women directors mandate tokenism; regulation wording “humorous”: Damodaran – The Financial Express
Clipped from: https://www.financialexpress.com/market/women-directors-mandate-tokenism-regulation-wording-humorous-damodaran/2400386/ When a woman gets approached to join a board, she should first question if the appointment is being made to tick a box
Vedanta’s Twin Star to appeal against NCLAT order on restarting the Videocon Industries resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/vedantas-twin-star-to-appeal-against-nclat-order-on-restarting-the-videocon-industries-resolution-plan/articleshow/88738573.cmsSynopsis Twin Star Technologies is set to argue that the CoC is Functus Officio – implying that the role of the committee of creditors
Sebi simplifies process for exercising commodity options contract – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-simplifies-process-for-exercising-commodity-options-contract/article38105735.ece On expiry, all ‘in the money’ option contracts will be exercised automatically, unless otherwise specified Market regulator Sebi has decided to simplify the
Tighter norms likely to rein in wild HNI bets in IPOs, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tighter-norms-likely-to-rein-in-wild-hni-bets-in-ipos-say-experts-122010401532_1.html Earmarking a third of the NII portion for small-ticket investors can help democratise allotments, say experts Illustration: Ajay Mohanty The Securities and Exchange
How will revised IPO rules affect the market? – The Hindu
Clipped from: https://www.thehindu.com/business/markets/explained-how-will-revised-ipo-rules-affect-the-market/article38089896.ece?homepage=true What do the new SEBI norms state on preferential allotments and price band? Who benefits from the changes? The story so far: The
Impossible to comply with peak margin rules: ANMI to Sebi | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/impossible-to-comply-with-peak-margin-rules-anmi-to-sebi-122010301162_1.html The stock brokers’ body has cited specific examples detailing the difficulty in complying with upfront and peak margin compliance by members Stock brokers