Supreme Court: Ad Valorem Court Fees Apply to Appeals Seeking Statutory Land Acquisition Benefits || Supreme Court: Cruise Voyages Remain Shipping Business under Section 44B Despite Onboard Services || Supreme Court: People Abandon Cattle on Roads But Object to Their Use For Food || Supreme Court Stays CIC Decision Declaring NSE Subject to the RTI Act || SC: Wife May Be Denied Interim Maintenance if Husband Ex Facie Establishes Adultery || SC: Prior Testimony is Inadmissible without Section 299 CrPC Order against Absconder || Supreme Court: Administrative Action Can't Be Invalidated Solely for Lacking Formal Order || Calcutta High Court: Section 141 NI Act Does Not Apply to Sole Proprietorships || Orissa High Court Criticizes Magistrate for Defying Direction in Cheque Bounce Case || Delhi High Court Safeguards Yuvraj Singh's Personality Rights, Orders Deepfake Takedown

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 :