The Securities and Exchange Board of India (SEBI) has issued the SEBI Listing Obligations and Disclosure Requirements (Sixth Amendment) Regulations, 2023. These amendments, effective from their publication date, introduce specific changes to Regulation 61A concerning the Investor Protection and Education Fund. Notably, amounts transferred to this fund will not accrue interest, and unclaimed amounts can still be claimed by individuals in a manner specified by SEBI.
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 20th October, 2023
SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (SIXTH AMENDMENT) REGULATIONS, 2023
No. SEBI/LAD-NRO/GN/2023/158 ─ In exercise of the powers conferred by section 11, sub-section (2) of section 11A and section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with section 31 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956),
Daily Limit Reached
You have reached your daily limit of 2 Free Notice & Circular
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited Notice & Circular Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
The new regulations are the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2023.
These regulations come into force on the date of their publication in the Official Gazette.
The key changes involve the Investor Protection and Education Fund: amounts transferred to it will not bear any interest, and unclaimed amounts can still be claimed by individuals.
Yes, unclaimed amounts transferred to the Investor Protection and Education Fund may be claimed in a manner specified by the Board.
Yes, a new proviso states that the amount transferred to the Investor Protection and Education Fund shall not bear any interest.
Guest
Notification No : SEBI/LAD-NRO/GN/2023/158Published in Investments & Personal Finance
Source : https://egazette.gov.in/WriteReadData/2023/249654.pdf