Securities And Exchange Board Of India

  • SEBI rejigs committee on investor education and protection 27-01-2014 06:46 PM

    Mumbai: Market regulator SEBI has revamped its advisory committee that provides suggestions on issues related to investor education and protection activities. The Securities and Exchange Board of India (SEBI) had formed the advisory committee for 'Investor Protection and Education Fund (IPEF)' in 2009. The committee is mandated to recommend investor...
  • SC tells Sahara not to sell property, its directors not to leave India 21-11-2013 04:18 PM

    New Delhi: The Supreme Court has restrained directors of Sahara group of companies from leaving the country. The apex court has also restrained Sahara group from selling any property. The order was passed after the court ruled out that Sahara has not complied with SC directions to furnish title deeds...
  • Defaulters have not paid Rs 121.8 crore as penalty: SEBI 20-10-2013 09:51 AM

    New Delhi: Securities market regulator SEBI has told a Parliamentary panel that prosecution proceedings initiated by it against defaulters have not proved to be an effective deterrent due to "delays" associated with the criminal justice system of the country. It also said that defaulters are yet to cough up Rs...
  • Lucknow bench of Allahabad HC issues notice to SEBI, Sahara Q Shop 09-09-2013 02:45 PM

    The Lucknow bench of the Allahabad High Court (HC) on Monday issued notice to the Securities and Exchange Board of India (SEBI) and Sahara Q Shop Limited, over a scheme launched some years ago. The bench of Justice Devi Prasad Singh and Justice Ashok Pal Singh also directed counsel of...
  • SEBI starts rule-making process for newly granted powers 26-08-2013 03:21 PM

    Pursuant to an ordinance promulgated by the government last month, the powers of SEBI (Securities and Exchange Board of India) officials have been widened to include search and seizure, attachment of properties, arrest and detention of defaulters and disgorgement orders to recover wrongful gains. Officials have been empowered to seek...
  • Sebi declares unauthorised investment schemes as 'fraudulent' 12-08-2013 09:18 PM

    Mumbai: To curb rising instances of public getting defrauded by money pooling schemes, capital market regulator Sebi on Monday decided to declare illegal mobilisation of funds as a "fraudulent and unfair trade practice". Besides, the Securities and Exchange Board of India (Sebi) has clarified that the existing list of activities...
  • Sebi gets more powers; can arrest, detain defaulters 22-07-2013 05:30 PM

    New Delhi: In a major upgrade of powers given to Sebi, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disgorgement directions to recover the wrongful gains made in contravention of laws. At the same time, the...
  • Govt approves proposal to give Sebi more powers 17-07-2013 07:11 PM

    New Delhi: The government on Wednesday approved a proposal to amend Sebi Act for providing more powers to the market regulator to crack down on ponzi schemes. The decision, which will also give Sebi powers to conduct search and seizure operations and access call data records, was taken at a...
  • Sebi eases entry norms for market entities for debt membership 26-06-2013 11:31 AM

    Mumbai: As part of efforts to boost the country's debt market, market regulator Sebi on Tuesday eased the entry norms for market entities and waived off the deposit and annual fee for those already registered for other segments. For membership of debt segment, the Securities and Exchange Board of India...
  • SEBI orders freezing of corporate benefits of over 105 private firms 05-06-2013 08:46 AM

    New Delhi: The Securities and Exchange Board of India (SEBI) has ordered the freezing of the voting rights and corporate benefits of over 105 private firms. These private firms have failed to meet the minimum public shareholding requirement. The private firms, have faltered in attaining the minimum 25 per cent...
  • SEBI to ease regulations for securities borrowing, lending 30-05-2013 07:10 PM

    Mumbai: The Securities and Exchange Board of India (SEBI) said on Thursday it would increase the number of stocks that are allowed to be used for borrowing and lending, thus relaxing short-selling rules. SEBI said it would allow stocks that meet several criteria, including average monthly turnover of at least...
  • SEBI begins repayment process in Sahara case 14-05-2013 05:17 PM

    New Delhi: In the high profile Sahara case involving over Rs 24,000 crore raised through "various illegalities", market regulator SEBI has begun the process of refund to individual investors who have been verified by it. The money is being refunded only in those cases where SEBI has not found any...
  • 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 moves SC seeking detention of Sahara chief Subrata Roy 15-03-2013 11:25 PM

    Two companies of the Sahara Group had defied the Supreme Court's order to refund Rs 24,000 crore to subscribers. ...
  • SEBI warns bond holders of 2 Sahara companies 27-10-2012 12:24 PM

    New Delhi: The Sahara Group found itself in trouble on Saturday after market regulator Securities and Exchange Board of India (SEBI) issued a public warning to bond holders of two of its companies. The notice said that SEBI had received complaints from investors that they were being forced by Sahara...
  • SEBI notifies new takeover norms 23-09-2011 08:11 PM

    Mumbai: SEBI on Friday notified new takeover rule under which an entity buying 25 per cent stake in a listed firm will have to mandatorily make an open offer to buy an additional 26 per cent shares from public. The new norms will be applicable 30 days from notification. The...