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 Audit :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: form 3cd :: TDS :: cpt :: list of goods taxed at 4% :: VAT RATES :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« News Headlines »
 Seven things you must do before 31st March
 Income Tax saving investments: Top 5 options available for high-income individuals
 How to use zero tax rule on long term capital gains on stocks
 GST Returns - Furnishing details of inward supplies
 5 ways to maximise you income tax return
 Income-tax (2nd Amendment) Rules, 2017
 Soon, Faster PAN, An App For Filing Tax Returns
 Changes in income tax return filing process
 New Income Tax Rates And Deductions Applicable From April 1, 2017
 Tax and transparencya
 No decision yet on imposing tax on cash transactions

SEBI issues note to guide
April, 03rd 2010

In an effort to improve financial literacy, market regulator Securities and Exchange Board of India (SEBI) has come out with aneasy-to-understand guidance note, asking the investor community how to navigate offer documents and read risk factors before making investment decisions.

SEBI, in its Guide to Understanding Offer Document, advises investors to go through the risks factors and look at the promise-vs-performance columns before investing in a company.

It is generally advised that investors should go through all the risk factors of the company before making an investment decision, the document says. The regulator also says in case investors find instance of misinformation or lack of information, they may send their complaint to the lead manager of the issue and/or to SEBI.

Informing investors about the basic knowledge before investing in public issues or rights issues, SEBI says, The application forms for applying or bidding for shares are available with all syndicate members, collection centres, the brokers to the issue and the bankers to the issue.

For the aggrieved investors with respect to non-receipt of shares, delay in refund among other things, SEBI says, Investors can approach the compliance officer of the issue, whose name and contact number are mentioned on the cover page of the offer document.

The SEBI document also clarifies that all public issues of over Rs 10 crore are compulsorily in demat mode. It says an issue can be kept open for 3-10 working days, extendable by three days in case of a revision in the price band, while rights issue can be kept open for 15-30 days.

You can get refunds in an issue through various modes such as registered or ordinary post, direct credit, real-time gross settlement (RTGS), electronic clearing service (ECS) and national electronic fund transfer (NEFT), says SEBI.

In book-built public issues through which a company discovers the actual price of the share in the market the listing of shares gets done within three weeks after the closure of the issue. Book-building is a process of price discovery. After the bidding process is complete, the cut-off price is arrived at based on the demand of securities. Only the retail investors have the option of bidding at a cut-off price, SEBI says.

Last month, the regulator had approved regulations for the Investor Protection and Education Fund (IPEF) which may be even used for initiating legal proceedings against listed companies. In addition to funding legal battles in the interest of investors, the fund can also be utilised for activities like educating investors and disseminating information through media, the regulator said in a release after the board meeting.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Customer relationship management software CRM software Operational CRM Collaborative CRM

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