INVESTOR ISSUES


IANS 25 August 2021
The Ministry of Corporate Affairs has cautioned the public and stakeholders of 'Nidhi' businesses as none of the the companies scrutinised by the government so far have been able to satisfy the requisite criteria for being declared a Nidhi company.   The business of Nidhi companies...

Read More



Isaiah Keyes (TruthInAdvertising.org) 17 August 2021
It might be a catchy slogan, but it's not a universally good idea.   As a streaming-only household, my partner and I receive targeted ads based on our browsing and viewing habits. Marketers have accurately placed us as squarely in our mid-20s, which means that roughly every other ad...

Read More



Moneylife Digital Team 16 August 2021
The Delhi High Court has issued notices to 12, including Union government and C&C Towers Ltd, in a writ petition filed by 94 financial creditors of the company.    In her order issued last week, justice Rekha Palli observed that these 94 financial creditors of C&C Towers had...

Read More



Moneylife Digital Team 16 August 2021
"Although cases, where home-buyers are left in the lurch due to developers filing for bankruptcy, might seem like the end, such cases can be resolved through a clear understanding and consensus among the affected home-buyers.   "Individual battles will not help, a collective effort is...

Read More



When it comes to initial public offerings (IPOs), the roaring 1990s seem set to come back as the swinging 2020s, only much bigger. The IPO boom is coinciding with the entry of a horde of brash, young first-time investors into the stock market. The outcome will not be pleasant.   After...

Read More



IANS 09 August 2021
The Securities and Exchange Board of India (SEBI) took up 94 new cases for investigation of alleged violation of securities market regulations in the last financial year.   In its annual report for 2020-21, the capital market regulator said that it completed investigation of 140 cases...

Read More



Moneylife Digital Team 06 August 2021
Market regulator Securities & Exchange Board of India (SEBI) says it has refunded Rs129 crore, including interest to 16,909 applications involving 45,451 accounts of investors of Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL). As on 31 March 2021,...

Read More



Moneylife Digital Team 05 August 2021
Market regulator Securities and Exchange Board of India (SEBI) wants to align interest of asset management companies (AMCs) and their employees with the unit-holders of the mutual fund (MF) schemes. For this, part compensation to key employees would be given in the form of units of MF schemes...

Read More



The National Stock Exchange (NSE) released its annual report over the weekend, making news for the announcement that it was planning to apply again for an initial public offering (IPO). The Indian capital market is in a rare bull market where food delivery major Zomato is seeing its share...

Read More



Moneylife Digital Team 03 August 2021
Market regulator Securities and Exchange Board of India has allowed asset management companies (AMCs) to offer instant access facility in overnight schemes of mutual funds. Earlier, AMCs were allowed to offer such a facility only in liquid schemes. Instant access facility (IAF) facilitates...

Read More



Moneylife Digital Team 02 August 2021
“In the securities market investors are likely to be victims of the system again and again because that is flawed. In laws such as the SEBI Act, they have no rights to fight a suit against him, they cannot go to a district court. They can file an appeal in the SAT against a SEBI order, which...

Read More



Moneylife Digital Team 29 July 2021
Demat and trading account holders have been advised by depositories to complete their know-your-customer (KYC) details by 31 July 2021. Failure to do so would result in deactivation of their accounts, warns Central Depository Services Ltd (CDSL) and National Securities Depository Ltd...

Read More



Moneylife Digital Team 27 July 2021
Jubilant FoodWorks Ltd, which owns master franchise for Domino's Pizza in India, says the claims made by RattanIndia Enterprises Ltd (RIEL) for its Revolt electric vehicles do not convey complete and factual arrangement between the companies.    In a regulatory filing, Jubilant...

Read More



Moneylife Digital Team 26 July 2021
Giving a big relief to nominees of a depositor of Senior Citizen Savings Scheme (SCSS), the Indian Banks’ Association (IBA) has asked its member banks not to levy any penalty on withdrawal from the scheme by a nominee or legal heir after the death of the account-holder.   In a...

Read More



Payal Agarwal 23 July 2021
The recent cases of intervention by the stock market regulator and stock exchanges in preferential allotment of listed companies such as PNB Housing, LIC Housing Finance and Barbeque Nation have brought to fore an important but fundamental point. It may be recalled that the articles of...

Read More



Moneylife Digital Team 23 July 2021
The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the implementation on Piramal Capital and Housing Finance Ltd's resolution plan for troubled mortgage lender Dewan Housing Finance Ltd (DHFL). Mumbai-based financial services company 63 moons technologies Ltd...

Read More



In the past couple of weeks, I have written about how the Securities and Exchange Board of India (SEBI) wants to permit new stock exchanges and depositories with disruptive technology and vastly liberalised entry norms. This hurried proposal, if implemented, would be one of the biggest market...

Read More



Moneylife Digital Team 21 July 2021
The Union government says Justice (Retd) RM Lodha committee appointed by the Supreme Court had received about 1.50 crore claim applications from investors of PACL Ltd and is refunding money phase-wise and claim amount-wise depending upon the corpus available.   Responding to a...

Read More



Moneylife Digital Team 20 July 2021
Market regulator Securities and Exchange Board of India (SEBI) has barred Global Infratech and Finance Ltd (GIFL), the company directors and 12 other individuals from the securities market for their roles in a fraudulent scheme of trading in the firm's shares.   The company (GIFL) and...

Read More



Moneylife Digital Team 17 July 2021
On Saturday, LIC Housing Finance (LICHFL) issued a clarification regarding its preferential issue proposal claiming there is no violation of the provisions of the Articles of Association (AOA).   Despite this, LIC Housing Finance Limited has been denied permission to release the...

Read More

Free Helpline
Legal Credit
Feedback