SEBI TO IMPLEMENT T+0 SETTLEMENT CYCLE STARTING MARCH 28TH, 2024
SEBI TO IMPLEMENT T+0 SETTLEMENT CYCLE STARTING MARCH 28TH, 2024
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Capital Markets
STRUCTURING INVESTMENTS VIA COMPULSORILY CONVERTIBLE DEBENTURES AND ITS ADVANTAGES OVER EQUITY INSTRUMENTS
We are penning this article to give the readers a brief outlook on the potential advantages in respect of the structuring of an investment via compulsorily convertible debentures in comparison to other pure equity instruments.
Private Equity and Venture Capital: Concept and Indian Legal Framework
Often used together, Private Equity (PE) and Venture Capital (VC) are different concepts pertaining to infusion of capital through equity purchase by investors. Thought to be similar concepts, PE and VC differ from each other in their basics. With the focus to invest in companies possessing ideas or expansion related plans or simply with a view of getting a profitable exit, citing the growth prospect of the investee companies, this article aims to explain the concept of PE and VC, along with laying down the differences between the concepts and finally explaining in brief, the legal mechanisms that govern PE and VC.
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SEBI Cancels Karvy’s Registration- Laws and Impact
On May 31, 2023, the Securities and Exchange Board of India (SEBI) cancelled the Certificate of Registration of Karvy Stock Broking Limited (KSBL/ Company). This was a major blow to the Company, one of India’s leading stockbrokers, with over 2 million clients. This article analyses SEBI’s move, the Company’s acts and the laws surrounding the same. Further, it highlights the impact of this decision on investors.
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Unified Securities Code
In what can be termed an opportune moment for the capital market investors, the Finance Minister Nirmala Sitharaman recently proposed the merging of four laws that govern capital markets as well as Securities. These Acts include the Securities and Exchange Board of India Act, 1992 (“SEBI Act”), the Depositories Act, 1996 (“Depositories Act”), the Securities Contracts (Regulation) Act, 1956 (“SCRA”) and the Government Securities Act, 2007 (“GSA”). These laws have been aimed to be consolidated into a unified securities market Code.
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PAYTM: RBI CLASSIFICATION & REGULATION
With Paytm IPO around the corner, we try to answer as to how Paytm’s operations in India classified and regulated under the relevant Reserve Bank of India regulations. Paytm’s operations – a before and after story: While Paytm initially conducted its semi-closed system pre-paid payment instrument (“PPI”) Paytm wallet business in pursuance of the Certificate
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ESOPs: TREATMENT OF VESTED AND UNVESTED ESOPs UPON LIQUIDATION
We do a deep dive into the manner of treatment of unvested Employee Stock Options in addition to vested and unexercised Employee Stock Options upon liquidation of the concerned entity granting such Options or winding up of the scheme/plan under which the Options are granted. Summary: Unvested or vested and unexercised Employee Stock Options (“ESOP”)
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Unified Securities Code
Introduction In what can be termed an opportune moment for the capital market investors, the Finance Minister Nirmala Sitharaman recently proposed the merging of four laws that govern capital markets as well as Securities. These Acts include the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Depositories Act, 1996 (Depositories Act), Securities
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BUDGET 2021-2022: DETAILED ANALYIS
Whilst delivering the first budget in the new decade and that too in a digital format, the country’s financial minister started the budget with Rabindra Nath Tagore’s quote: ‘Faith is the bird that feels the light and sings when the dawn is still dark.’ Notably, the budget has faced contractions only three times in the past and this
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Three back to back IPOs next week (21st September – 25th September, 2020)
The stock markets are finally gaining momentum and IPOs aren’t far behind. Three different IPOs will open from 21st September onwards. They are: Computer Age Management Services Limited: The subscription will be on from 21st till 23rd September at a price band of ₹1,229-1,230 per share; Chemcon Speciality Chemicals Ltd: The subscription will be on from
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