SEBI’s Powers to Investigate: A Primer on Section 11-C of the SEBI Act, 1992
by Vaibhav Singh†, Radhika Indapurkar†† and Manas Kotak†††
SEBI
Supreme Court forms Committee of Justices S Ravindra Bhat, Satish Chandra to auction assets of Company liable to refund Rs. 4,700 crores
The Committee shall identify the number of investors and database of investors, and also determine the amount to be refunded to each investor. An Escrow Account with a bank designated by SEBI, shall be opened and all sale proceeds shall be deposited in that interest-bearing account.
SEBI lays down ‘Framework for Unit Based Employee Benefit Scheme’ vide SEBI (REIT) (Second Amendment) Regulations, 2024
As per the Regulations, the manager may offer unit-based employee benefit scheme based on the units of Real Estate Investment Trusts subject to compliance with Chapter IVA.
SEBI widens scope of ‘liquid asset’ for ESG Rating Providers vide SEBI (Credit Rating Agencies) (Amendment) Regulations, 2024
Previously, ‘liquid asset’ included low-risk assets such as cash, fixed deposits, government securities, treasury bills, and repo on government securities.
SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2024
The 2024 Regulations amend the obligations of the issuers to include fixing a record date for payment of interests, dividends, etc.
SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2024
The 2024 Regulations have been notified to modify Regulation 52 of the 2015 Listing Obligations and Disclosure Requirements issued by SEBI.
SEBI issues Master Circular to consolidate all relevant circulars for Surveillance of Securities Market; rescinds 15 circulars
A Master Circular in the form of a compilation of provisions of all relevant circulars for surveillance of securities market was last issued on 23-03-2023.
SEBI modifies ‘Restrictions on Investments’ vide SEBI (Mutual Funds) (Amendment) Regulations, 2024
The SEBI (Mutual Funds) (Amendment) Regulations, 2024 amends the Seventh Schedule of the 1996 Regulations.
SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2024
The 2024 regulations have been notified to amend certain provisions of Chapters I and II in the 2003 regulations.
Securities and Exchange Board of India (Stock Brokers) (Amendment) Regulations, 2024
The amendment has been notified to insert institutional mechanism for the prevention and detection of fraud or market abuse.
SEBI issues Master Circular for Mutual Funds rescinding 16 circulars
This Master Circular for Mutual Funds includes all previous guidelines/directions that were included in the Master Circular dated 19-05-2023.
SEBI’s AIF Certification Mandate: A Timely and Necessary Reform
by Mythri Murali*
Delineating the Scope and Nature of Disgorgement Under Securities Law
by Shuchi Agrawal† and Snigdha Kajaria††
SEBI revises provisions relating to FPIs holding securities in India whose Certificate of Registration is not valid as on 3-6-2024
SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2024 notified
SEBI introduces Framework for Issuance of Subordinate Units
SEBI notifies SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024.
SEBI issues Master Circular to include all previous circulars related to Foreign Portfolio Investors, Designated Depository Participants, and Eligible Foreign Investors
The issuance of this 2024 Master Circular rescinds 7 previous circulars related to Foreign Portfolio Investors, Designated Depository Participants, and Eligible Foreign Investors
SEBI issues Master Circular for Investment Advisers rescinding 25 previous circulars
This Master Circular is an amalgamation of all previous circulars and advisories related to Investment Advisers issued until 15-05-2024.
SEBI issues Master Circular for Non- convertible Securities, Securitized Debt Instruments and/or Commercial Paper
This Master Circular supersedes 2 previous circulars issued by SEBI.
SEBI issues Master Circular for Research Analysts to enable comprehensive access for users
The Master Circular includes all guidelines and directions issued till 15-05-2024 for better accessibility.
SEBI issues Master Circular on Non-Convertible Securities, Debt Securities, and Commercial Paper to serve as a comprehensive guide for issuers
The Master Circular has been created to consolidate previous circulars and guidelines up till 21-05-2024 by SEBI