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SEBI AMENDMENT

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Amendment

to the

Securities and Exchange Board of India Act, 1992


Amendment of section 12 of Act 15 of 1992.

 

In the Securities and Exchange Board of India Act, 1992, in section 2, in sub-section (IB), the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 9th day of April, 2010, namely:—

"Explanation.- For the removal of doubts, it is hereby declared that, for the purposes of this section, a collective investment scheme or mutual fund shall not include any unit linked insurance policy or scrips or any such instrument or unit, by whatever name called, which provides a component of investment besides the component of insurance issued by an insurer.".

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Insurance Act AMENDMENTS

SEBI AMENDMENT

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  1. Satellite Classes Of Sir Parveen Sharma 
  2. Thread Full Of Notes For All
  3. A GOLDEN THREAD FOR ALL OF U 
  4. Notes for you ( Don’t miss it)

 

Applicability of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011  

 

SEBI vide its Notification No. LAD-NRO/GN/2011-12/24/30181 dated September 23, 2011 notified the New SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 replacing the Takeover Regulations namely SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.

 

A copy of the new Takeover Regulations is uploaded on the Home page of ICSI Website under the head ‘From the Government/ Regulators’ for reference.

 

Students are advised to note as under

 

  1. For December 2011 Examination SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 shall be applicable.

 

  1. For June, 2012 Examination SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011   shall be applicable.


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