Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/MIRSD/FCR/CIR/P/2021/01 issued and publishes dated 06th January, 2021, has published “Refund of Security Deposit” Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Section 10 of the Securities Contract (Regulation) Act, 1956.
The Circular is issued to :
• The Managing Director/Executive Director,
• All Stock Exchanges
Aim and vision of this circular:
– to protect the interests of investors in securities, to promote the development of, and to regulate the securities market
This is with reference to the letter MRD/DSA/OW/14347/4/2019 dated June 10, 2019 issued to NSE regarding refund of security deposit and arbitration mechanism after the surrender of membership of Trading Members.
SEBI’s proposal to sign Bilateral MoU between India and Luxembourg approved by Cabinet
Introduction of UPI mechanism to Streamline the process of Public issues of Securities under SEBI Regulations
Overview Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/DDHS/CIR/P/2020/233 issued and publishes dated 23rd November, 2020, has published a circular related to Introduction of Unified Payments Interface (UPI) mechanism and Application through Online interface and Streamlining the process of Public issues of securities under – SEBI (Issue and Listing of […]
SEBI on 31st day of October, 2020 has issued Public notice in respect of Extension of the SEBI Settlement Scheme 2020. · Extension Came: In this Notice, Upon consideration of the same, the competent authority has approved the extension of the period of the Scheme till December 31, 2020, In view of the large scale disruption caused by the Covid-19 pandemic, many […]
Current and Corporate Affairs as on 23 October 2020 COVID-19 NEWS Brazil’s President Bolsonaro rejects purchase of coronavirus vaccine from China: Brazil’s President Jair Bolsonaro has decided on Wednesday to cancel the purchase of Coronavac, a COVID-19 vaccine in phase-3 clinical trials by Chinese firm Sinovac. A day before, on Tuesday, Health Minister Eduardo Pazuello […]
System driven disclosures under Reg. 7(2) of SEBI (PIT) Regulations, 2015 Overview Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/ISD/ISD/CIR/P/2020/168 issued and publish dated 09th September, 2020, has published – Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 – System driven disclosures.” in […]
Sebiprocedural guidelines for proxy advisors Securities Exchange Board of India (SEBI) vide CircularNo. SEBI/HO/IMD/DF1/CIR/P/2020/147dated 03rd August, 2020 issued in exercise of powers conferred by Section 11(1) of theSecurities and Exchange Board of India Act, 1992has come out with Procedural Guidelines for Proxy Advisorsto protect the interests of investors in securities and to promote the development […]