Page 41 - Latest Updates on SEBI
Adani group's settlement pleas delayed by Sebi's review of processes
The review could take three months after which the Adani pleas will be taken up under new processes, said the second source, with direct knowledge of the matter
 "Adani group's settlement pleas delayed by Sebi's review of processes")
Sebi proposes mandatory demat before IPO filings to plug regulatory gaps
Sebi highlighted that dematerialisation eliminates inefficiencies and risks associated with physical share certificates, such as loss, theft, forgery, and delays in transfer and settlement
 "Sebi proposes mandatory demat before IPO filings to plug regulatory gaps")
Sebi bars three for five yrs over fraudulent trading in shares of Atlantaa
Sebi had earlier issued restraint orders on two of the individuals, Manish Mishra and Vivek Chauhan, in earlier cases involving Sadhna Broadcast and Sharpline Broadcast
 "Sebi bars three for five yrs over fraudulent trading in shares of Atlantaa")
Ministry of Finance initiates search for a new whole-time member for Sebi
The new WTM may serve for up to five years, as specified in the appointment order, but must retire upon reaching the age of 65
 "Ministry of Finance initiates search for a new whole-time member for Sebi")
Sebi proposes framework for winding down of KYC registration agencies
In a consultation paper, Sebi emphasised that the framework must guarantee uninterrupted services, protection of investor KYC data, and the fulfilment of statutory and contractual obligations
Sebi cautions investors against unregulated opinion trading platforms
The market regulator also advised recognised stock exchanges to initiate action against such platforms
Sebi chief asks retail investors to stay invested despite market volatility
India has shown a lot of resilience ever since the tariff war began to impact markets worldwide, Pandey said in an exclusive interview with PTI
 "Sebi chief asks retail investors to stay invested despite market volatility")
Delhi HC appoints receiver for 95 EVs leased to BluSmart amid dispute
The Delhi HC appointed a receiver to oversee 95 EVs leased to BluSmart Cabs by Clime Finance, restricting Gensol from creating third-party rights amid a lease payment dispute
 "Delhi HC appoints receiver for 95 EVs leased to BluSmart amid dispute")
Travel Food Services gets Sebi's approval to launch Rs 2,000-cr IPO
The company, which filed its draft papers with Sebi in December last year, obtained its observations letter on April 22, the update showed
 "Travel Food Services gets Sebi's approval to launch Rs 2,000-cr IPO")
Gensol Engineering hits 5% lower circuit again as ED raids premises
The stock has tumbled 90 per cent this year, compared to a 3.5 per cent advance in the benchmark Nifty 50
 "Gensol Engineering hits 5% lower circuit again as ED raids premises")
Ather IPO sees 16% subscription, ABSL AMC Q4 profit up 10%, and more
On Friday, Ather allocated shares worth Rs 1,340 crore to anchor investors
 "Ather IPO sees 16% subscription, ABSL AMC Q4 profit up 10%, and more")
Sebi bars Patel Wealth Advisors, 4 directors over 'order spoofing' charges
The stock broker placed large orders without intention to execute them, leading to manipulation in prices, illegal
 "Sebi bars Patel Wealth Advisors, 4 directors over 'order spoofing' charges")
Sebi directs brokers to collect margins by T+1 settlement day
Trading members or clearing members are required to mandatorily collect upfront VaR margins and ELM from their clients
 "Sebi directs brokers to collect margins by T+1 settlement day")
Street signs: Banking stocks run out of steam, Sebi's shift to e-office
The Securities and Exchange Board of India (Sebi), based in Mumbai's Bandra Kurla Complex, is set to overhaul its operations by adopting a fully digital 'e-office' system
 "Street signs: Banking stocks run out of steam, Sebi's shift to e-office")
 "KAY CEE ENERGY & INFRA LIMITED Raises ₹2502.72 Lakhs in Qualified Institutional Placement (QIP).")
IPO Alert! Prestige Hotel Ventures files draft papers with Sebi; details
Prestige Hotel Ventures has filed its draft papers with market regulator Sebi to raise funds via IPO
 "IPO Alert! Prestige Hotel Ventures files draft papers with Sebi; details")
Settle a Sebi case? You can't claim it as a business expense anymore
The Income Tax Department has ruled that businesses can no longer claim tax deductions for settlements or penalties paid under four key laws, including the SEBI and Competition Acts.
 "Settle a Sebi case? You can't claim it as a business expense anymore")
Secretarial auditor appointments to be for at least five years: Sebi
The regulator has stated that the tenure of appointment of a secretarial auditor cannot be for a period less than five years
Sebi imposes Rs 10 lakh penalty on Future Retail for disclosure gaps
The information should have been disclosed within 24 hours of the event -- on or before October 6, 2020 -- as required under the LODR (Listing Obligations and Disclosure Requirements) rules
Taxpayers barred from claiming deductions on Sebi, CCI settlement costs
The four laws are the Securities and Exchange Board of India Act, 1992; the Securities Contracts (Regulation) Act, 1956; the Depositories Act, 1996; And the Competition Act, 2002
 "Taxpayers barred from claiming deductions on Sebi, CCI settlement costs")