Who dealt with the complaints against unlisted / delisted companies?

Who dealt with the complaints against unlisted / delisted companies..?             1. Ministry of Corporate Affairs (MCA)             2. Securities and Exchange Board of India (SEBI)             3. Stock Exchanges (SEs)             4. Competition Commission in India (CCI) Answer…

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Share IPO TIMELINE Cut to 4 days

The Securities and Exchange Board of India (SEBI) wants to cut the timeline for Initial Public Offers (IPOs) and Follow-on Public Offers (FPO) of equity 12 days to 4 days. SEBI had previously truncated the IPO process in 2010, when the timeline was cut from 22 days to 12 days…

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Investor Complaints Fall Below 10,000: SEBI Report

The Securities and Exchange Board of India  ( SEBI)'s online complaint redressal mechanism for capital market investors helped bring down the number of pending grievances during last fiscal (2013-14) to below 10,000 level for the first time in 5 years. According to latest …

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SEBI Bars PACL from Raising Money From Investors

The Securities & Exchange Board of India (SEBI) has barred Delhi-based PACL, its promoters and directors from raising any money from investors, effectively shutting down one of India's largest collective investment schemes (CIS), with a corpus of about Rs. 50,0000 c…

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Pancard Clubs’ Timeshare Scheme: SEBI suspends

Pancard Clubs, is in the business of marketing holiday plans, has been directed by SEBI not to collect any fresh money under its existing schemes (holiday plans). SEBI has also directed its directors Sudhir Shankar Moravekar, Shobha Ratnakar Barde, Usha Arun Tari, Manish Kal…

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SEBI Eases Norms for IPO

In a bid to revive the primary market, SEBI (Securities and Exchange Board of India) eased norms related to the size of an IPO & pricing of preferential shares while allowing anchor investors to have a greater exposure to the offering.  SEBI at its board meeting held ha…

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SEBI Allows Cash Investments of Up to Rs. 50000 in MF

Investors without Permanent Account Number (PAN) can now (May 2014) put as much as Rs. 50,000 in mutual funds (MFs) in cash every year. SEBI on Thursday said it was increasing the limit for cash investments to Rs. 50,000 from Rs. 20,000. The move is aimed at  helping MFs sell…

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Ponzi schemes: SEBI given teeth to crack down on illegal operations..

India's President Mr. Pranab Mukherjee has re-promulgated the ordinance that provides more powers to market regulator SEBI (Securities and Exchange Board of India ), especially, to crack down on illicit money pooling schemes. The ordinance, which lapsed on January 15, 2…

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SEBI Makes KYC Process Easier ..

Allows Centralised Agencies to Share Customer Info Making know-your-client (KYC) process easier for investors, SEBI has notified a set of norms that allow various market entities like as brokers & MFs to get details from centralised KYC agencies, rather than carrying out…

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SEBI's New Corporate Governance Norms..

Securities and Exchange Board of India (SEBI) is soon expected to come out with new corporate governance code and also brush up insider trading norms. Some Main provisions under new code....    **  All listed companies will have to justify salaries of high executives    **   I…

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MMTCs Retail Sale of Gold Not a Collective Scheme : SEBI

State -owned MMTCs proposal to sell gold to retail customers through a joint venture does not fall under the collective investment scheme category as the JV is neither offering any kind of returns nor is there any pooling of funds, The Securities and Exchange Board of India…

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SEBI: IPO Grading Voluntary..

The Securities and Exchange Board of India (SEBI), on recently, approved the IPO grading mechanism “voluntary” instead of “mandatory”, amending SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. “Considering the requests received from market participants,…

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SEBI Study Suggests Lowering of STT to boost the capital market

A Securities and Exchange Board of India (SEBI) commissioned study has suggested lowering of Securities Transaction Tax (STT) to boost the capital market. The study, conducted by independent experts for SEBI’s Development Research Group, found that spot-market has been domin…

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Securities and Exchange Board of India : Know Your Client Requirements

CIRCULAR CIR/MIRSD/ 09/ 2013 October 8, 2013 1. All Recognized Stock Exchanges 2. Stock Brokers through Recognized Stock Exchanges 3. Depository Participants through Depositories 4. Association of Mutual Funds in India 5. Mutual funds through AMFI 6. Portfolio Managers 7. KYC Regis…

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Investor Grievance Redressal Mechanism at SEBI

 Securities and Exchange of Board of India (SEBI) is a statutory body established under the SEBI Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market . Redressal of investor grievances is one of t…

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SEBI Issues Norms to Simplify Registration Process for Share Brokers

The new norms would do away with the current system that require stock brokers to get separate registration certificates from SEBI Simplifying the procedural requirements for stock brokers, the Securities and Exchnage Board of India (SEBI) on recently decided to introduce a …

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15 Days to Amicably Resolve the Investor Complaint...

SEBI : Investor Grievance Redressal Mechanism SEBI CIRCULAR CIR/MRD/ICC/30/2013 26.09.2013 The Managing Director/Executive Director, All Stock Exchanges. 1) Reference may be made to CIR/MRD/DSA/03/2013 dated January 20, 2012, CIR/MRD/DSA/24/2010 dated August 11, 2010 and MRD/DoP/…

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SEBI Asks Investment Advisers to get Registration Certificate by October 21, 2013

Market regulator Securities and Exchange Board of India (SEBI) on recently directed all investment advisers to get registered with itself by October 21, 2013 to continue their services. SEBI in a notification in January, 2013 had made it compulsory for investment advisers to…

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SEBI - Enquiry and Adjudication Department

Enquiry and Adjudication Department - SEBI Shri Prashant Saran, Whole Time Member Department Division Division Chief Contact Details Enquiry and Adjudication Department Enquiry and Adjudication Officer Shri Piyoosh Gupta , GM +91 22 26449150 pgupta@sebi.gov.in Shri P K Kuriachen , CG…

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SEBI - Investment Management Department

Investment Management Department - SEBI Shri Prashant Saran, whole- Time Member Department Division Division Chief Contact Details Investment Management Department Division of Foreign Institutional Investors (FIIs) and Custodians Shri S.Madhusudhanan, DGM +91 22 26449614 smadhu@sebi…

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