Supreme Court Urged Railways to Drop the Term Second-Class Passengers || Supreme Court: Employers Cannot Deny Compassionate Appointments Through Delays || Supreme Court Explains How Testimony of a Dead Witness Can be Used Against an Absconding Accused || SC Recommended Amending IBC to Ensure Fair Repayment Protection for MSME Operational Creditors || Supreme Court: High Courts Cannot Reappreciate Evidence in Certiorari Jurisdiction || SC: Railways are Not Liable Unless Owner-Risk Goods Were Counted or Weighed || SC: Courts and Prosecutors Must Expedite Trials For Jailed Accused || Supreme Court Clarifies that Swear Words and Vulgar Expletives Alone do Not Constitute Obscenity || Supreme Court: Nominated Town Panchayat Members Have No Voting Rights in Council Polls || Delhi High Court Declines Interim Relief to Sonam Wangchuk, Upholds His Hospitalization

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 :