Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-moves-to-break-the-tip-and-click-nexus/articleshow/88266654.cmsSynopsis The Securities and Exchange Board of India has formed a team for search and seizure operations. The move comes as the regulator is
Category: IBC-SEBI
Sebi passes confirmatory order in matter related to insider trading in Infosys scrip – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-passes-confirmatory-order-in-matter-related-to-insider-trading-in-infosys-scrip/2387886/ The information related to the deal was UPSI and the UPSI period was from June 29, 2020 to July 14, 2020. Markets regulator
Sebi asks investment advisers, research analysts to disclose investor charter, complaint data on websites, mobile apps – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-asks-investment-advisers-research-analysts-to-disclose-investor-charter-complaint-data-on-websites-mobile-apps/2387866/ The new guidelines will come into effect from January 1, 2022, SEBI said in two separate circulars. Markets regulator Sebi on Monday asked
Top bidder for property seeks NCLT order to direct Srei administrator on title transfer – The Financial Express
Clipped from: https://www.financialexpress.com/industry/top-bidder-for-property-seeks-nclt-order-to-direct-srei-administrator-on-title-transfer/2387846/ Zqube Infracon was declared the highest bidder for the commercial property in Powai, Mumbai — which had been mortgaged to Srei Infrastructure Finance
A cross-border leap for insolvency reforms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-cross-border-leap-for-insolvency-reforms/article37946459.ece Insolvencies can have cross-border implications. An insolvency framework that lays down common principles is crucial The Insolvency and Bankruptcy Code, 2016 is regarded
Why SEBI is planning to regulate Algo Trading – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-sebi-is-planning-to-regulate-algo-trading/article37946510.ece What is Algo Trading? Algorithmic trading or Algo trading is computer assisted buying and selling of stocks. It is also known as automated
Dish TV fires fresh salvo against YES Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/dish-tv-fires-fresh-salvo-against-yes-bank/article37940497.ece?homepage=true Writes to SEBI accusing the bank of violating the takeover regulations by not announcing an open offer Jawahar Goel-backed Dish TV has written
What is option writing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/what-is-option-writing/article37844951.ece?homepage=true Short selling in the options segment is termed as ‘option writing’. That is writing an option means either you sell a call option
Depositors bailed-in – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/depositors-bailed-in/article37885736.ece RBI’s draft resolution plan for PMC Bank is transparent but unfair on retail depositors The Reserve Bank of India’s attempt to cobble together
Sebi amends delisting rules to make M&A more convenient | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-amends-delisting-rules-to-make-m-a-more-convenient-121120700708_1.html Sebi has amended rules pertaining to delisting of equity shares of a company following an open offer as part of efforts to make
5 questions cryptocurrency exchanges must answer now about their operations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/5-questions-cryptocurrency-exchanges-must-answer-now-about-their-operations/articleshow/88087819.cmsSynopsis Whatever the new crypto law holds, self-styled crypto exchanges must be forced to reveal facts about operations urgently. Is there any verifiable proof
crypto exchanges: Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/crypto-bill-to-give-power-to-sebi-rbi-taxman-to-scrutinise-kyc-data-of-exchanges/articleshow/88130343.cmsSynopsis Government could also put in place a uniform KYC process for exchanges The new Cryptocurrency bill is set to empower regulators and government
Resolution for individuals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ibc-rules-for-individual-debtors-need-to-kick-in-so-that-their-capital-is-freed-for-other-uses/article37871911.ece IBC rules for individual debtors need to kick in, so that their capital is freed for other uses There’s a mismatch at the
Shareholder activism is here to stay – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/shareholder-activism-is-here-to-stay/article37855523.ece Some recent corporate developments have bought governance issues to the fore – Getty Images/iStockphoto Some recent corporate developments have bought governance issues to
Chorus rises for law on individual insolvency – The Hindu BusinessLine
BJP MP Suresh Prabhu leads the demand for a legal framework and institutionalised mechanism The chatter about the need to urgently put a legal framework
Converting equity shares into preference shares – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/converting-equity-shares-into-preference-shares/article37741206.ece Preference shares carry preferential rights on the matters of payment of dividend and repayment of capital – a privilege that the equity shareholders
reliance capital: RBI’s insolvency move against Reliance Capital may face hiccups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbis-insolvency-move-against-reliance-capital-may-face-hiccups/articleshow/88082884.cmsSynopsis Lenders hope that the central bank does not direct a consolidated resolution of all three financial services companies which will mean all the
Code of conduct: IBBI move on COCs raises questions on jurisdiction | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/code-of-conduct-ibbi-move-on-cocs-raises-questions-on-jurisdiction-121120201540_1.html The step has added to the growing concern around the role of the insolvency regulator and whether it has delivered the goods IBC
IBBI empowers adjudicating authority to pick IPs from panel to curb delays | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/ibbi-empowers-adjudicating-authority-to-pick-ips-from-panel-to-curb-delays-121120200862_1.html Board has prepared an algorithm to place insolvency professionals on a panel in a particular order. The IP with lowest volume of ongoing
reliance capital: RBI action against Reliance Capital: Better late than never – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbis-action-against-reliance-capital-better-late-than-never/articleshow/88040852.cmsSynopsis As a practical matter, a company can’t be referred to the National Company Law Tribunal (NCLT) within weeks and months of a first