UK Sinha

  • Big or small, all culprits same before Sebi, says UK Sinha 22-12-2013 03:57 PM

    In its crackdown against market manipulations and other violations, Sebi goes by facts of the case and the culprits being a big corporate house or a little-known individual become irrelevant, says its chief UK Sinha. "The message and mantra for Sebi is that we go by the facts of the...
  • SC upholds appointment of UK Sinha as SEBI chief 01-11-2013 12:16 PM

    The Supreme Court on Friday upheld the appointment of UK Sinha as the head of market regulator SEBI. Upholding Sinha's appointment, the apex court bench of Justice SS Nijjar and Justice HL Gokhale said the appointment was made fairly as per procedure. The court said this as it dismissed the...
  • Parl panel to submit report on chit funds in Monsoon session 31-05-2013 05:21 PM

    New Delhi: A Parliamentary panel looking into chit funds and ponzi schemes in the backdrop of Saradha scam in West Bengal, will give its recommendations on preventing recurrence of such incidents to Parliament in the forthcoming Monsoon session. "We have completed deliberations on the ponzi schemes and will submit our...
  • There should be a single regulator for all collective schemes: SEBI 01-05-2013 12:28 PM

    New Delhi: With lakhs of investors believed to have been defrauded by Ponzi schemes in West Bengal, Securities and Exchange Board of India (SEBI) chairman UK Sinha on Wednesday said there should be a single regulator for all collective investment schemes, including chit funds. "Within the powers given to us,...
  • Sebi seeks strong legislation to check public money collection 24-10-2012 03:40 PM

    Mumbai: Market watchdog Sebi has asked the government to frame a strong central legislation to tackle the menace of companies collecting large amount of money from the public without requisite regulatory approvals and for dubious investment projects. Stating the existing legal provisions are weak and allow such companies to benefit...
  • SC dismisses plea against SEBI chief's appointment 21-11-2011 02:33 PM

    New Delhi: The Supreme Court on Monday declined to entertain a plea questioning the appointment of UK Sinha as SEBI chairman, saying it is aimed against an individual under the garb of raising legal and constitutional issues. A bench headed by Chief Justice SH Kapadia said this was for the...
  • Sinha assumes office as 8th SEBI Chairman 18-02-2011 05:36 PM

    Mumbai: Upendra Kumar Sinha on Friday took charge as market regulator SEBI's Chairman from the outgoing Chief Chandrashekar Baskar Bhave, who is said to have considerably raised the bar of the institution during his three-year tenure. As the 8th Chairman of the market watchdog, 'UK', as he is known among...