P&H High Court: Re-Investigation Cannot Nullify Existing Acquittal Despite Breach of Stay Order || Gujarat HC: Illegal Mining Vehicle Complaints Must Be Filed Before Sessions Court, Not Magistrate || Delhi High Court Lays Down Registry Directions for Dealing with Insufficiently Stamped Arbitral Award || Delhi High Court: Victims Need No Leave to Appeal Acquittal or Conviction for Lesser Offence || SC: Limitation Act Inapplicable to Revisions under Karnataka Land Revenue Act || SC: Banks Can Invoke SARFAESI for Loans Acquired from NBFCs Outside the Act || SC: Gujarat Prohibition Act Does not Bar Interim Seized Vehicle Release || Supreme Court Quashes Rs. 425-Crore Customs Penalty Based on AI-Generated Fake Case Laws || SC: Guilt cannot be Presumed Solely Due to Collusion Allegations against Investigating Officer || SC: Clarificatory Statement Does Not Constitute a Binding Undertaking for Contempt Proceedings

Amendment of Guidance Note on insider trading regulations- (Securities and Exchange Board of India) (12 Apr 2016)

MANU/SPRL/0076/2016

Capital Market

The Securities and Exchange Board of India issued amendments to its guidance note on the SEBI (Prohibition of Insider Trading) Regulations, 2015. Amendments are in light of recent changes by which dissenting shareholders were afforded an exit opportunity and the restriction of ‘contra-trade’ would not apply. With the latest amendment, the exit offer is also exempted from the restricton on contra trade under the Regulations.

Tags : SEBI INSIDER TRADING EXIT OPPRTUNITY

Share :