Page 253 - Latest Updates on SEBI
Second Covid-19 wave: Fewer companies to avail Q4 filing relaxation
Experts say Sebi's move to extend the deadline is a welcome step
 "Second Covid-19 wave: Fewer companies to avail Q4 filing relaxation")
Sebi seeks to merge 2 rules on debt issuance for easier compliance
The regulator said the new regulation will ensure ease of reference and language and also remove redundancies
 "Sebi seeks to merge 2 rules on debt issuance for easier compliance")
Sebi fines Biocon, its designated person for violating market norms
Markets regulator Sebi on Wednesday imposed a total fine of Rs 14 lakh on Biocon Ltd and its designated person for violation of market norms.
Sebi proposes merger of debt securities rules into single regulation
To ease compliance burden on listed entities, Sebi on Wednesday proposed merger of listing rules pertaining to debt securities and non- convertible redeemable preference shares into a single regulation.
Sebi imposes Rs 5.25 cr fine on Cairn India in share buyback case
Markets regulator Sebi on Wednesday imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buyback of shares in 2014.
The coming surge in chairpersons emeritus
Since no part of the Companies Act deals with chairperson emeritus, these appointments will have to be governed by a formal contract between the company and the individual or under its articles
Several companies rush to file draft red herring prospectus with Sebi
According to data compiled by Prime Database, a firm tracking IPOs, 12 companies looking to raise a cumulative Rs 22,230 crore ($3 billion) have filed their offer documents so far this month
 "Several companies rush to file draft red herring prospectus with Sebi")
SAT rejects Sebi view, rules tribunal can function sans technical member
Requests government for faster filling up of vacancies, judicial clarity
Sebi proposes framework for gold exchange; suggests electronic receipts
Sebi on Monday proposed an elaborate framework for setting up a gold exchange wherein the yellow metal will be traded in the form of electronic gold receipts
Sebi's relaxed norms likely to give private equity firms faster exits
Sebi also plans to replace the "promoter" concept to "person in control"
 "Sebi's relaxed norms likely to give private equity firms faster exits")
Sebi objects to Securities Appellate Tribunal missing key member
Tribunal has taken opinion of senior counsel in the matter
'Promoter' vs 'person in control': How will Sebi's new proposal play out?
The rationale behind replacing the concept of "promoter" with "person in control" is to absolve entities, which, in reality, don't have any control over a company
Best of BS Opinion: Economic outlook, rationalising regulation, and more
Here are the best of Business Standard's opinion pieces for Thursday
 "Best of BS Opinion: Economic outlook, rationalising regulation, and more")
Rationalising regulation
Sebi's proposals are in line with changing investor landscape
Sebi plans to ease post-IPO lock-in for promoters, amend key definition
Regulator mulls replacing concept of 'promoter' with 'person in control'
 "Sebi plans to ease post-IPO lock-in for promoters, amend key definition")
PC Jeweller case: Sebi bars 4 individuals, 1 entity from securities mkt
Sebi on Tuesday imposed a total fine of Rs 1 crore on four individuals and an entity as well as barred them from the securities market for one year in a case of alleged insider trading activities
Sebi makes dividend distribution policy must for top 1,000 listed cos
To strengthen corporate governance practices and disclosure requirements, Sebi has notified new rules, including that top 1,000 listed firms will have to formulate a dividend distribution policy.
Sebi proposes rationalising 'promoter group' definition'; moots a concept
Markets regulator Sebi proposed to rationalise the definition of 'promoter group' and move to the concept of 'person in control' as well as reduce the minimum lock-in periods
Sebi defers diktat to monitor foreign holding in DRs till further notice
Regulator yields to requests made by market participants
Sebi mulling new framework to prevent misuse of client collateral
The rules are aimed at identifying each client's collateral and ensuring it is utilised towards the margins of that client only
 "Sebi mulling new framework to prevent misuse of client collateral")