In light of the ongoing practices by shell companies of getting entry into the stock market and becoming a helping hand for money laundering and frauds, The Securities and Exchange Board of India is planning to tighten the current listing criteria for companies. At present, the minimum post issue capital requirement of an applicant company […]

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MANDATORY REGISTRATION AS LEGAL ENTITY IDENTIFIER (LEI) FOR OTC DERIVATIVES MARKETS The Reserve Bank of India vide its circular RBI/2016-17/314 FMRD.FMID No.14/11.01.007/2016-17 dated June 01, 2017 has mandated the implementation of the LEI system for all participants (existing & future) in the Over-the-Counter (OTC) markets for Rupee Interest Rate derivatives, foreign currency derivatives and credit […]

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In exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities, market regulator SEBI has come out with another set of instructions vide circular dated 15.07.2016(SEBI Circular on FDR’s – PDF) to strengthen its risk management mechanism. After implementation […]

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Delisting means permanent removal of securities of a listed company from all or any of the recognised stock exchanges where such shares are listed. As a consequence of delisting, the securities of that company would no longer be tradable at that stock exchange. Applicability of Delisting Regulation: Delisting of Equity Shares from all the stock […]

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STARTUP INDIA A NEW WAVE TO BUSINESS: Startup India is a flagship initiative of the Government of India, envisioned to build a strong ecosystem for nurturing innovation and Startups in the Country. Ministry of Commerce & Industry (Department of Industry Policy and Promotion) vide Notification no. G.S.R. 180(E) dated 17th February, 2016 have issued detailed outline for Startup […]

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