Portfolio manager” means a body corporate, which pursuant to a contract with a client, advises or directs or undertakes on behalf of the client (whether as a discretionary portfolio manager or otherwise) the management or administration of a portfolio of securities or goods or funds of the client
Securities and Exchange Board of India (SEBI) has been issuing various circulars/directions from time to time on behalf of following Departments
Commodities derivatives
Corporate finance
Market Intermediaries
Market Regulation
“portfolio” means the total holdings of securities and goods belonging to any person
SECURITIES CONTRACTS (REGULATION) ACT, 1956 [As amended by the Finance Act, 2017] [42 OF 1956] SECTIONS PRELIMINARY 1. Short title, extent and commencement 2. Definitions RECOGNISED STOCK EXCHANGES 3. Application for recognition […]
This circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
No person shall buy, sell or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board.
An Act to provide for the regulation of depositories in securities and for matters connected therewith or incidental thereto. The Depositories Act, 1996 [As amended by Finance Act, 2018] DEPOSITORIES ACT, 1996 […]
Trustees/Asset Management Companies (AMCs) shall ensure that no funds of a scheme is parked in STD of a bank which has invested in that scheme. Trustees/AMCs shall also ensure that the bank in which a scheme has STD do not invest in the said scheme until the scheme has STD with such bank.
May 28, 2019 Combating Financing of Terrorism (CFT) under Unlawful Activities (Prevention) Act, 1967 –Directions to stock exchanges, depositories and all registered intermediaries
May 22, 2019 Participation of Portfolio Managers in Commodity Derivatives Market in India[PDF]
See PDF May 21, 2019 Participation of Mutual Funds in Commodity Derivatives Market in India
Supreme Court in the case of National Securities Depository Ltd. v. Securities and Exchange Board of India [Civil Appeal No.5173 of 2006], while examining the question as to whether an administrative circular […]
LAW LIBRARY Sections Securities and Exchange Board of India Act, 1992 Preamble CHAPTER I: PRELIMINARY 1. Short title, extent and commencement 2. Definitions CHAPTER II: ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD […]
KEYWORDS:-synchronized trades- ECONOMIC FRAUD- DATE:- February 08, 2018- Main function of SEBI in this regard is to make inquiry, investigation and to give directions, to promote the orderly and healthy growth of the […]
American jurisprudence which has developed around Title 17, Code of Federal Regulations, Part 240, Rule 10b-5 (Prohibition of use of manipulative or deceptive devices or contrivances with respect to certain securities exempted […]
LAW LIBRARY Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992 to hear and dispose of appeals […]
Eight beaches of India tagged with “Blue Flag” International eco-label - Clean beaches are the testimony to environment in the coastal area. He said, the issue of marine litter and oil spilling has caused disturbances to the aquatic life and the Government of India is undertaking various efforts for the sustainable development of coastal regions.
Private Sector Participation in Indian Space Sector - About 2,51,000 value-added data products were disseminated to users since April 2020. The value-added products comprise of geophysical & remote sensing data products derived using the data from meteorological, oceanographic and land remote sensing satellites.
Union Govt drafted Electricity (Rights of Consumers) Rules 2020 - Union Power Ministry has drafted Rules providing for Rights of Electricity Consumers for the First Time. Electricity Consumers are the most important stakeholders in the power sector. The sector exists because of them. Having provided access to electricity to all citizens, it is now important to focus on consumer satisfaction.
Legisprudence-A New Theoretical Approach to Legislation Luc J.Wintgens(ed) - Legislation, it is said, is a matter of politics, and politics is not rational. Politics is a power game, which results in compromises framed into a legislative or statutory structure. This power game seems to have its own logic and, most of the time, the results outweigh any other form of logic.
Can God and Caesar Coexist, Balancing Religious Freedom and International Law-Robert F. Drinan - The Catholic Church did not always seek religious freedom for every believer. For centuries the Church held to the conviction that governments should be required to discourage and even ban not only non-Christian religions but any version of Christianity that differed from Catholicism. Butin the Second Vatican Council radically altered that doctrine, so that now the Catholic Church strongly states that any governmental coercion of individuals to adhere or not to adhere to any religion is wrong.
Repugnant Laws: Judicial Review of Acts of Congress from the Founding to the Present-Keith Whittington - A hundred years ago there were serious and lively debates over whether courts should even have the power to strike down acts of elected legislatures. Those debates are largely in the past. Courts now routinely, almost casually, invalidate legislation. But the reaction judicial review now provokes is rather different. Few argue that judges should abandon the power to review and invalidate the deliberate acts of other government officials.
