SC: UGC Regulations Override State Law on Forming Search Committees For University VC Appointments  ||  SC: State Cannot Deny Regularisation to Long-Serving Contract Staff Appointed Through Due Process  ||  Supreme Court: Patients Cannot Claim Unproven Medical Treatments as a Matter of Right  ||  SC: Polluting Company’s Turnover May Be Considered While Fixing Environmental Damage Compensation  ||  Delhi HC: Dacoity Convicts U/S 395 IPC Cannot Claim Benefit under the Probation of Offenders Act  ||  Bombay HC: An Adopted Child’s Caste is Considered the Same as That of the Adoptive Parents  ||  Calcutta High Court: 18-Month Delay in Delivering a Judgment Alone is Not Sufficient to Set it Aside  ||  Punjab & Haryana High Court: ED Can Arrest Individuals Even if FIRs are Added to the ECIR Later  ||  SC: Menstrual Health is a Fundamental Right under Article 21; Orders Free Sanitary Pads in Schools  ||  Supreme Court: Industrial Court is the Proper Forum to Decide Issues Relating to Contract Labour    

SEBI: Insider Trading Norm Applicable Even to Inactive Promoter - (16 Oct 2019)

CAPITAL MARKET

Securities and Exchange Board of India has observed that a person identified as a promoter, even if he is not acting as a promoter of the company, exercises no control, plays no role in the management and does not hold any position, should comply with insider trading regulations. In an informal guidance given to Apollo Tricoat Tubes, SEBI observed that a person identified as a promoter is required to comply with the code of conduct requirements, as they apply to other designated persons.

Tags : SEBI   INSIDER TRADING  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved