Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe SAT ruled that income tax paid on unlawful gains cannot be offset against SEBI-ordered disgorgement, reaffirming the integrity of disgorgement as a remedy.
FeaturedSEBI has approved comprehensive reforms aimed at simplifying compliance processes for securities markets. These include revisions to buy-backs, mutual funds, AIFs, and investor protections.
FeaturedSEBI proposes a revamped API-based framework to enhance trade processing efficiency by replacing the centralized STP Hub with direct connections between service providers.
FeaturedSEBI has proposed significant amendments to the regulatory framework for exchange-traded derivatives, aiming to simplify compliance norms and eliminate outdated provisions through a consolidated consultation paper.
FeaturedSEBI has published a revised Master Circular that consolidates surveillance-related directives aimed at ensuring compliance among stock exchanges, listed companies, intermediaries, and fiduciaries. Key enhancements include stricter insider trading compliance measures and automated restrictions on trading windows.
FeaturedSEBI has proposed comprehensive amendments to the Buy-Back Regulations, reintroducing open market buy-backs and simplifying compliance requirements to enhance investor protections.
SEBI revised its Master Circular to clarify early pay-in margin rules in the commodity derivatives segment, allowing Clearing Corporations to waive margins based on risk perception.
SEBI seeks feedback on proposed changes to trading software and IT regulations aimed at enhancing efficiency. The changes intend to modernize the compliance framework and streamline operational norms.
SEBI proposed reforms to the Pre-open Call Auction mechanism to address concerns of artificially suppressed prices in IPOs and re-listed stocks, including revised pricing rules.
The Supreme Court ruled that SEBI did not adequately prove market manipulation related to RPL's futures positions, although penalties for disclosure violations were upheld.
SEBI has proposed to relax third-party payment restrictions for mutual funds under specific conditions, aiming to boost operational flexibility while ensuring compliance safeguards.
SEBI proposes reforms to prevent artificial price suppression in IPOs and re-listed stocks, including new rules on base prices and price discovery conditions. These changes aim to enhance fairness in market operations.