Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: VAT RATES :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: Central Excise rule to resale the machines to a new company :: empanelment :: form 3cd :: cpt :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: articles on VAT and GST in India
 
 
« General »
 Retailers need to file single GST return every month
 Aadhaar is must for income tax returns if you have one; Here's how you can file it online
 Will it be a tax haven above the law?
 Your mutual fund investment tax efficient? Here are 3 steps to ensure utmost efficiency for your portfolio
 Finally a goods and services tax. But what lies ahead?
 Tax May Rise On Outbound M&As, Indian Mncs’ Investments
 Filing income tax return? Do remember to claim benefits on your reimbursements
 Banks will have a hard slog ahead to get GST-ready
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956
 Introduce indemnity clauses with suppliers on tax compliance: Expert
 While filing tax in India, NRIs do not have to report overseas assets

SEBI mulls to cut IPO process time to 7 days
November, 22nd 2010

SEBI is looking at reducing the time for initial public offering process from 12 days to a week, said Mr C.B. Bhave, Chairman of the regulator.

This means, retail investors who apply for an issue through ASBA (application supported by blocked amount), can get back their money on the seventh day itself if they fail to get allotment. Through ASBA investors can apply for an IPO, keeping the application money in their bank accounts till the finalisation of the allotment.

We are currently studying what's happening in the big issues that came in recent times, and are trying to examine the feasibility of doing this, he said.

Mr Bhave was in town to address the management students at the three-day annual flagship event of Bharathidasan Institute of Management, Trichy. Later, answering questions from the media on the sidelines of the event, he said SEBI is doing its best to check insider trading.

However, he said, insider trading is not easy to prove. It requires a lot of investigation. That's the experience all around the world. But, that doesn't mean we shouldn't get after it. There have been some punishments in the recent past that came from SEBI. So we keep our eyes and ears open to see that insider trading is controlled.

To a question on 2G scam and if SEBI is planning any action on listed companies involved in that, Mr Bhave said the regulator looks into areas where there is a violation of capital market laws. If there is any violation, we will certainly intervene.

On high frequency trade by members with deep pockets, Mr Bhave said he was not sure whether high frequency trade by itself is a problem or is it the structure of the exchange which is a problem. In fact, one of the areas that we looked at is that some exchanges in other countries have given an access to some members who are not like the other members. So some people could see the orders ahead of the rest. That's something which cannot be accepted. So this is an issue that we are considering now, he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions