IFSCA Introduces Direct Market Access and Sponsored Access: Transforming GIFT City into a Global Securities Trading Hub
by Sumit Agrawal† and Pratham Darad††
Cite as: 2023 SCC OnLine Blog Exp 63
SEBI
HIGH COURTS JULY 2023 WEEKLY ROUNDUP| Stories on Srikant Tyagi; West Bengal Panchayat Election; Telangana Eunuchs Act; and more
A quick legal roundup to cover important stories from all High Courts this week.
SAT Mumbai dismisses appeal under S. 15T SEBI Act for not having filed by an ‘aggrieved person’
SAT Mumbai observed that it is not open to a shareholder to complain about the scheme of arrangement before the SEBI or to the Stock Exchange nor is it open to the shareholder to make a representation and /or file an appeal before this Tribunal under Section 15T of the SEBI Act.
[Adani-Hindenburg Report] SEBI expert committee submits a 41 page-affidavit before the Supreme Court
The Supreme Court asks the chairperson and capital market regulator of the SEBI to thoroughly and specifically investigate any violation.
Bombay High Court | 15-day compliance with disqualification notice based on ‘fit and proper person’ test not insisted by SEBI during pendency
SEBI had prescribed automatic disqualifications under the 2008 Regulations based on ‘fit and proper person’ criteria.
SEBI amends Guidelines on “Pricing of Units” for Preferential Issue & Institutional Placement by REIT and InvIT
On 5-7-2023, the Securities and Exchange of India (‘SEBI') notified amendments to Guidelines for Preferential Issue and Institutional Placement of Units by
SEBI introduces new chapter on ESG Rating Providers in SEBI (Credit Rating Agencies) Regulations, 1999
On 3-7-2023, Security and Exchange Board of India(‘SEBI’) amended the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
SEBI introduces new Alternative Dispute Resolution Mechanism vide ADR Amendment Regulations 2023
On 3-7-2023, the Securities and Exchange Board of India (‘SEBI’) notified the Securities and Exchange Board of India (Alternative Dispute Resolution Mechanism) (Amendment) Regulations, 2023
‘Fit and Proper’ Criteria under the SEBI (Intermediaries) Regulations — Is it time to Revisit?
by Ameya Gokhale†, Vaibhav Singh†† and Radhika Indapurkar†††
Cite as: 2023 SCC OnLine Blog Exp 58
SEBI lays down Obligations of Asset Management company vide Mutual Funds Regulations, 2023
On 27-6-2023, the Securities and Exchange Board of India (‘SEBI’) notified the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations,
Strengthening Oversight: SEBI Proposes Institutional Mechanism for Asset Management Companies to Combat Market Abuse and Fraud
by Sumit Agrawal† and Pratham Darad††
Cite as: 2023 SCC OnLine Blog Exp 56
India Accelerates ESG Commitments: Strengthening Compliances and Disclosure Practices
by Apurva Kanvinde† and Mannan Gala††
SEBI bars CEO of ZEEL and Chairman of Essel Group from holding Directorial Positions
On 12-6-2023, the Securities and Exchange Board of India (‘SEBI’) in the matter of Zee Entertainment Enterprises Ltd. (‘ZEEL’) passed an interim
Analysing SEBI’s Proposals to the Disclosure Framework
by Samiksha Maskara†
Delhi High Court dismisses PIL by journalist seeking CBI ‘status report’ in NSE fraud by Chitra Ramkrishna
The petitioner is a journalist having specialization in investigative, business, and human-interest news features, has exposed Coal Scam in 2011 and Airport scandal in Delhi, and received various awards from time to time.
Delhi High Court dismisses PIL espousing cause of investors being duped by promoters, alleging arbitrary delisting of securities
Delhi High Court observed that on perusal of all the necessary rules and regulations, the statutory provisions do provide a robust mechanism to safeguard the interest of investors and by no stretch of imagination, it can be said that the interest of investors is not at all protected.
Tribunal, Regulatory Bodies and Commissions Monthly Roundup | Top 13 Legal Stories covering Google-CCI case, FTS under India Netherlands DTAA, RCap Resolution, RBI Penalty on Amazon, SEBI Penalty on Arshad Warsi, and more from March 2023
Find interesting rulings by NCLT, NCLAT, RBI, ITAT, SEBI, NCDRC covering legal stories on FTS under India Netherlands DTAA, reconsideration of approved resolution plan in insolvency proceedings, definition of financial debt, compensation against doctor’s legal obligations, and much more.
SAT reverses SEBI’s order in Arshad Warsi’s pump and dump case
Securities Appellate Tribunal: In the instant appeal filed against the ex parte ad-interim order passed by the Whole Time Members (WTM) of
SEBI extends timeline for existing account holders to provide “choice of nomination details” till 30-9-2023
On 27-3-2023, the Securities and Exchange Board of India (‘SEBI’) has extended timelines for the existing account holders to provide choice of