Newsletter Issue - December 2019

Key Updates:

  • SC Clarifies SEBI Jurisdiction on Accounting Firms – Securities and Exchange Board of India through Manager vs. Price Waterhouse and Co. & Ors. [Civil Appeal 8567-8570/2019]

  • ‘Material’ information to be disclosed in Initial Public Offer - Electrosteel Steels Ltd. vs. Securities and Exchange Board of India [Misc. Application No. 381 of 2016 And Appeal No.223 of 2016]

POLICY UPDATE:

  • The Securities and Exchange Board of India has published a circular dated 29.11.2019 wherein the following norms were prescribed for Debt Exchange Traded Funds (ETFs)/ Index Funds to be adopted

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