SC: Bribe Recovery Alone Cannot Prove Guilt without Proof of Demand under PC Act || SC: Cut Power, Water to Bulk Waste Generators Violating Solid Waste Rules || SC: RPF Employee Who Conceals Criminal Case Can be Discharged at Any Stage || SC: Police can Register FIR Despite Magistrate Rejecting S.156(3) CrPC Application || SC: Criminal Acquittal Alone Cannot Prove Absence of Negligence in Accident Claims || SC: Referral Fees Earned By Auto Dealers for Bank, Insurance Promotion Taxable as Service Tax || Supreme Court Revisits the definition of “Industry”: 9-Judge Bench Reformulates the 1978 Triple Test || Delhi HC: Exam Integrity is a Shared Duty of Candidates and Authorities || Delhi High Court: POCSO Allows Child Witness Cross-Examination but Bars Aggressive Questioning || Kerala HC: Christian Women May File Divorce Pleas Where They Reside

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 :