P-Notes and SEBI Regulations: Addressing Regulatory Arbitrage Whilst Managing Foreign Investments
by Aditya Kumar* and Samridhi Singh**
Securities and Exchange Board of India
SEBI Celebrates First Year Anniversary of Online Dispute Resolution in Indian Securities Market
To cater efficient and smooth dispute resolution process, the SMART ODR portal was developed for resolving disputes arising in the Indian Securities Market through online conciliation and arbitration.
Cyril Amarchand Mangaldas advises Sobha Limited in its rights issuance of partly paid-up equity shares aggregating to around ₹19,000 million
CAM played crucial role, provided comprehensive legal counsel and strategic guidance to ensure the successful execution of the transaction.
SEBI’s Powers to Investigate: A Primer on Section 11-C of the SEBI Act, 1992
by Vaibhav Singh†, Radhika Indapurkar†† and Manas Kotak†††
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’s AIF Certification Mandate: A Timely and Necessary Reform
by Mythri Murali*
SEBI introduces Framework for Issuance of Subordinate Units
SEBI notifies SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2024.
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 Stock Brokers rescinding 12 circulars
Securities and Exchange Board of India issues master circular rescinding circulars to the extent they relate to Stock Brokers.
Khaitan & Co advises Siemens Limited (SIL) on the demerger of its energy business into a separate legal entity – Siemens Energy India Limited
DEAL DETAILS Siemens Limited’s demerger of energy business Khaitan & Co advised Siemens Limited (SIL) on the demerger of its energy business
SEBI relaxes mandate of additional disclosures for FPIs having more than 50% of its Indian equity AUM in a corporate group
Composite holding of such FPIs should be less than 3% of total equity share capital of apex company.
SEBI introduces Small and Medium REITS vide SEBI (REIT) (Amendment) Regulations, 2024
SEBI increases the ambit of the definition of REIT.
SEBI mandates Registration of Index Providers vide SEBI (Index Providers) Regulations, 2024
Certificate of Registration will be unless cancelled or suspended by the Board.
Landmark Judgments on SEBI by Supreme Court and High Courts in 2022 Part II
by Siddharth R. Gupta*
Cite as: 2023 SCC OnLine Blog Exp 78
65 lakhs penalty imposed on stock traders by SEBI for violating insider trading rules in ABC Bearings and Timken India amalgamation
The merchant banker responsible for providing fair opinion to the ABC was given clean chit of the allegations of insider trading for lack of substantial evidence.
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 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