Company Law - Corporate Law Reporter

SEBI releases Data on Corporate Debt – Public issues of Non-convertible Debenture

Public issues of Non-convertible Debenture 2008-09 Sr. No. Name of company Issue opened on Issue closed on Base issue size Rs Cr Final Issue size Rs Cr* 1 Tata Capital Limited 2-Feb-09 24-Feb-09 500.00 1500.00 Total 1500.00 2009-10 Sr. No. Name of company Issue opened on Issue closed on Base issue size Rs Cr Final… Read More

SEBI releases data on Outstanding Corporate Bonds

The full Data is available for download. Read More

SEBI Order in the Fraudulent Practices case of creation of artificial volume using circular / reversal trades

The Securities and Exchange Board of India (SEBI) conducted an investigation into the dealings in the scrip of Sun Infoways Limited under the ambit of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 1995. The trading details of the persons who had traded in the scrip were collected and analyzed along… Read More

SEBI Order with respect to exit of Hyderabad Stock Exchange

Order in the matter of Exit of Hyderabad Securities and Enterprises Limited (Erstwhile Hyderabad Stock Exchange) 1.There are currently 25 Stock Exchanges across the country most of which are non-operational and only five have trading on their platform which includes NSE, BSE, MCX, USE and CSE. 2.SEBI vide Circular dated May 30, 2012 had issued… Read More

Comprehensive guidelines on Offer For Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism.

CIRCULAR CIR/MRD/DP/04/2013 January 25, 2013 To, The Managing Director and CEO, The Managing Director BSE Limited. National Stock Exchange of India Ltd. Dear Sir / Madam, Sub: Comprehensive guidelines on Offer For Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism. 1. Comprehensive guidelines on sale of shares through OFS mechanism were issued vide… Read More

Guidelines for providing dedicated Debt Segment on Stock Exchanges

Securities and Exchange Board of India CIR/MRD/DP/03/2013 January 24, 2013 To All Stock Exchanges and Clearing Corporations Dear Sir / Madam, Sub: Guidelines for providing dedicated Debt Segment on Stock Exchanges. 1. The market for debt securities differs from equity markets in several ways such as risk, returns, liquidity, type of participants and method of… Read More

SEBI Guidelines on Identification of Beneficial Ownership

CIRCULAR CIR/MIRSD/2/2013 January 24, 2013 SEBI Registered Intermediaries: 1. Stock Brokers through Recognized Stock Exchanges 2. Depository Participants (DPs) through Depositories 3. Mutual Funds (MFs) 4. Association of Mutual Funds in India (AMFI) 5. Portfolio Managers (PMs) 6. KYC Registration Agencies (KRAs) 7. Alternate Investment Funds (AIFs) 8. Collective Investment Schemes (CIS) 9. Investment Advisers… Read More

CCI meeting with corporates on Good Corporate Governance

CCI Holds Round-Table Meeting With Top Corporates, Emphasises Competition Compliance for Good Corporate Governance Competition Commission of India today held a round-table meeting with top companies of the country on the subject of Competition Compliance for Good Corporate Governance. Representatives of trade associations/industry associations such as ASSOCHAM, FICCI, CII and PHDCCI also attended the meeting.… Read More

Revision in the norms for the scheme ˜Special Industry Initiative Scheme for Jammu & Kashmir (Udaan)™

The Cabinet Committee on Economic Affairs has approved the modification in the Scheme ˜Special Industry Initiative for Jammu & Kashmir™ (Udaan) to make it more flexible and relevant. Within the overall central assistance of Rs.750 crore, the flexibility to appropriate the budget among different expense heads will be allowed. Public Sector Undertakings (PSUs) have now… Read More

Amendment to Self Regulatory Organizations Regulations

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JANUARY 7 , 2013 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 7th January, 2013 SECURITIES AND EXCHANGE BOARD OF INDIA (SELF REGULATORY ORGANIZATIONS) (AMENDMENT) REGULATIONS, 2013. No. LAD-NRO/GN/2012-12/27/5469 In exercise of the powers conferred by section 30 of the… Read More

Notifications in relation to Self Regulatory Organizations Regulations

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JANUARY 8 , 2013 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 8thJanuary, 2013 SECURITIES AND EXCHANGE BOARD OF INDIA Notification under sub-regulation (2) of regulation 1 of the Securities and Exchange Board of India (Self Regulatory Organizations) Regulations, 2004… Read More

Certification of Associated Persons in the Securities markets

THE GAZETTE OF INDIA EXTRAORDINARY PART III- SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JANUARY 11, 2013 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION MUMBAI, the 11th day of January 2013 Notification under regulation 3 of the Securities and Exchange Board of India (Certification of Associated Persons in the Securities markets) Regulations, 2007. No. LAD-NRO/GN/2012-13/30/5474 -… Read More

SEBI Clarifications on the ASBA facility for syndicate / sub-syndicate and non-syndicate members

CIR/CFD/DIL/ 4 /2013 January 23, 2013 To To All Stock Exchanges To All Registered Merchant Bankers To All Registered Registrars to an Issue To All Registered Bankers to an Issue To All Registered Stock Brokers Sub.: Application Supported by Blocked Amount (ASBA) facility 1. SEBI, vide Circular No. CIR/CFD/DIL/8/2010 dated October 12, 2010, enabled the… Read More