Investоr рrоteсtiоn is оne оf the сruсiаl elements оf а grоwing seсurities mаrket. It fосuses оn mаking sure thаt investоrs аre fully infоrmed аbоut their рurсhаses, trаnsасtiоns аnd the соrроrаte аffаirs аnd uрdаtes. Vаriоus рrосedures, guidelines, rules аnd regulаtiоn hаve been issued in the legislаtiоns tо рrоteсt the investоr’s right аnd reроse their соnfidenсe. Rоle…
INTRODUCTION: Issuing shares is a very important way of raising capital for a company. Company also issues bonus shares and right shares to its shareholders as a way of appreciation for investing in their company, issuing shares under stock option scheme is also a way of issuing shares for giving appreciation to their employees.…
KYC or ‘Know Your Customer’ can be appropriately termed as a substantial tool employed by the banks to either prevent or eradicate the crimes related to finance as well as the laundering of money. It entails a compulsory verification process on the part of the banks or any other institutions related to any financial activities…
Introduction There is a very old statement that “All contracts are an agreement, but all agreements are not contracts” which makes clear that an agreement is different from a contract. Without knowing the fact, parties enter into thousands of agreements daily, which may or may not bound us legally. Those which bind us legally are…
According to the Securities and Exchange Board of India (SEBI), a company that is solely registered as a stock broker is not permitted to act as a merchant banker in the capital markets. According to the market regulator’s response to stock broker Almondz Global Securities Ltd.’s (AGSL) request for clarification, despite the business’s registration as…
Introduction Instruments that are not properly stamped are not admissible in evidence, etc. — No laborious instrument shall be permitted as evidence for any purpose by any person legally entitled or the permission of the organizations to obtain evidence, or to be prosecuted, registered or authorized by any. That person or any government official, unless…
Introduction A firm (Private or Public) is required to provide Share Certificates to its shareholders in the event that additional shares are allotted within the specified time frame and to its subscribers to the memorandum in the case of formation. However, there are several circumstances where a business misses the deadline for paying stamp duty…
The prosecution or the imposition of a fine under this Chapter in respect of any instrument shall not preclude the prosecution of any person who appears to have committed an offense under the Stamp Act in respect of that instrument:Provided that no such prosecution will be instituted in the case of any instrument for which…
Mutual Funds Accounting Joint accounting is a critical issue in the financial system, given the growing popularity of joint ventures in addition to the direct holding of securities such as shares and bonds by the investment community. In particular, many, if not most, individual investors and trading clients have the majority of their savings in…
ABSTRACT Insider trading, in its most simplistic form, occurs when an individual, in breach of a duty, buys or sells securities while in possession of material confidential information about a pot or about the request for the pot’s securities. The disquisition and execution of insider trading has been perhaps the most visible aspect of the…
