The security and exchange board of India (SEBI) has approved new guidelines for initial public offer (IPO). According to new rule, the investors have to pay the amount for allotted shares. The investors are exempted to pay 100 percent advance fees. The amount can be retained in bank account till the completion of entire allotment process.
The legal battle between the Securities and Exchange Board of India (Sebi) and the Securities Appellate Tribunal (SAT) has reached in Supreme Court.
SEBI has sought Supreme Court opinion over SAT power to impose penalty on the market regulator. The Supreme Court is likely to here petition filed by SEBI in next week.
Capital market controller Securities and Exchange Board of India (SEBI) has directed all fund houses to raise the time limit they spend on risk warnings to investors in their radio as well as telev