REGULATIONS


Moneylife Digital Team 14 July 2014
SEBI has asked to recover Rs8.93 lakh from Mangiram Sharma, Rs6.87 lakh from DPS Shares & Securities, Rs3.76 lakh from Sachin Patil, Rs91,537 from RajKumar Dinesh Masalia and Rs91,521 each from Sujal Shah and Pratik Shah Market regulator Securities & Exchange Board of India (SEBI) has...

Read More



Moneylife Digital Team 14 July 2014
NSEL has recovered about Rs356.39 crore of dues from defaulting members out of the total outstanding amount of Rs5,689 crore. So far only two members out of 24 defaulters have paid their dues Commodities market regulator Forward Markets Commission (FMC) has asked crisis-hit National Spot...

Read More



Moneylife Digital Team 14 July 2014
Repeated violations of traffic rules resulting in cancellation of driving license is likely to be one of the major amendments to the Bill The amendment to the Motor Vehicle Act is likely to be delayed by a couple of months as the Ministry of Road Transport and Highways has said it needs...

Read More



Vinita Nair 11 July 2014
Subsequent to this clarification, Corporate can proceed with any school of thought and stay assured of the form MGT-14 getting approved. The Ministry of Corporate Affairs (MCA) recently issued clarifications on compliance filings regarding resolutions and agreements for companies. There...

Read More



Moneylife Digital Team 10 July 2014
SEBI said Jayesh C Shah and Jaiprakash Jain executed synchronised trades in shares of Hit Kit Global Solutions creating artificial volumes and were aided by Galaxy Broking and Shree Hari Hira Stock Broking Market regulator Securities and Exchange Board of India (SEBI) has ordered...

Read More



Moneylife Digital Team 09 July 2014
Prashant Bhushan alleged that RIL, with the help of ICICI Bank, laundered and funnelled back into Reliance companies over Rs6,500 crore through Singapore-based Bio Metrix Marketing  Aam Admi Party (AAP) leader Prashant Bhushan has complained to the Special Investigation Team (SIT) on...

Read More



Moneylife Digital Team 09 July 2014
In an order by majority view, the SAT said that as the time granted to FTIL for divesting its stakes had already expired and the company can take another four weeks to exit its holdings   The Securities Appellate Tribunal (SAT) on Wednesday dismissed Jignesh Shah-promoted Financial...

Read More



Moneylife Digital Team 09 July 2014
Difficulties were being faced as the OBC caste certificate had space for mentioning the name of the   caste or community but no space for indicating the specific resolution by which the said caste or   community has been included in the central list   The union government has revised...

Read More



Modi Sarkar must junk UPA’s flawed approach Narendra Modi’s government has sensibly extended the extremely restrictive scope of the corporate social responsibility (CSR) guidelines prescribed earlier by the ministry of corporate affairs (MCA). As with most decisions of the United...

Read More



Moneylife Digital Team 07 July 2014
The Supreme Court while saying that no religion, including Islam, allows punishing innocent persons, ordered that no 'Darul Qaza' should give verdict which affects rights of a person who is not before it Disapproving of a Shariat court issuing fatwa and order against a person who is not...

Read More



Moneylife Digital Team 05 July 2014
According to citizens and activists, the Maharashtra Police Bill formalises the very practices of unwarranted political interference with everyday police management that the Supreme Court has sought to reduce A delegation of concerned citizens recently met Maharashtra governor K...

Read More



Moneylife Digital Team 04 July 2014
Due to difficulties expressed by the depositories and the depository participants, SEBI said it  has decided to postpone its new norms on delivery instruction slips -DIS till October Market regulator Securities and Exchange Board of India (SEBI) on Friday said its new framework to...

Read More



TruthInAdvertising.org 04 July 2014
While L’Oreal advertised that its Youth Code would “crack the code to younger acting skin,’’ the FTC said the touted studies didn’t test the product or even one of its ingredients L’Oreal USA has joined a growing list of companies jumping on the DNA bandwagon promoting products it...

Read More



Moneylife Digital Team 02 July 2014
CREDAI decided to file a complaint with the CCI against the 'illogical' price hike in cement, which it said is creating pressure on developers to increase sale price of homes Criticising steep increase in the cement prices, the Confederation of Real Estate Developers' Association of...

Read More



Private companies and smaller firms need don't use public money and can do less of regulation. But the new Companies Act has bound them with a lot more rules Under the Companies Act, 1956, the general principle was that a public company should be subject to greater accountability by way...

Read More



Moneylife Digital Team 01 July 2014
Funds operating from Mauritius, Singapore and Hong Kong, as well as role of some major financial institutions from the US, Europe and within India are being examined by SEBI Market regulator Securities and Exchange Board of India (SEBI) is probing a possible nexus between promoters of...

Read More



Moneylife Digital Team 01 July 2014
The UP Stock Exchange, which was set up in 1982, has not seen trading on its platform since 2001 and does not meet the market regulator SEBI’s requirements The board and shareholders of UP Stock Exchange have approved shutting down its operations as a bourse and the same is being...

Read More



The FSLRC, in a hurry to resolve certain minor issues, ignored the evolution of the role and the care with which the RBI has nurtured the financial sector Dr Raghuram Rajam, the governor of Reserve Bank of India (RBI) in a speech in Mumbai on 17 June 2014, once again brought to the fore...

Read More



Moneylife Digital Team 30 June 2014
The market regulator disposed off representation made by Dushyant N Dalal and Puloma D Dalal, who have been restrained from securities market for seven years Market Securities and Exchange Board of India (SEBI) has disposed of a representation made by two individuals, who had sought the...

Read More



Moneylife Digital Team 30 June 2014
The Securities Appellate Tribunal -SAT dismissed an appeal filed by Reliance Industries in the company's dispute with SEBI regarding alleged contravention of FUTP regulations ahead of the 2007 merger between Reliance Petroleum and RIL The Securities Appellate Tribunal (SAT) on Monday...

Read More

Free Helpline
Legal Credit
Feedback