GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

SEBI Top Official Bats for Research in Corporate Governance

SEBI whole time member G Mahalingam made the observations on the launch of a NSE's e-book, which is regulation-wise compilation of all orders by Securities Appellate Tribunal (SAT) since its inception till March 31, 2016.

PTI

Updated:December 8, 2017, 12:12 PM IST
facebookTwittergoogleskypewhatsapp
SEBI Top Official Bats for Research in Corporate Governance
File photo of SEBI building, Mumbai. (Representative Image)
Mumbai: Observing that a lot of improvement is needed in corporate governance framework, SEBI whole time member G Mahalingam has called for more research work on this issue particularly in the area of board evaluation.

"Lot more research and work can be done in the area of corporate governance. Recently Uday Kotak came out with its set of regulations. What are the areas in corporate governance that need improvement is a fertile area for research," Mahalingam said here late last evening.

"Board evaluation guidelines has been issued by SEBI but how is it functioning now is great area of interest. It is because contours of board evaluation are not clearly laid down. So if we can work a little more on that it would pave way for better corporate governance mechanism," he added.

Mahalingam made the observations on the launch of a NSE's e-book, which is regulation-wise compilation of all orders by Securities Appellate Tribunal (SAT) since its inception till March 31, 2016.

The SEBI whole time member noted that the e-book would be helpful for reference to Sebi while passing its orders as well as be useful study material for corporate lawyers and policy makers.

Speaking at the event NSE managing director and CEO Vikram Limaye said: "Ever since SAT was established, it has passed over 2,000 orders and each order established or reinforces regulatory principles. However, these orders were not organised in a way that would facilitate efficient access and reference."

"We expect that this compilation will help regulators, practitioners and students of law in their professional pursuits," added Limaye.

The compilation is made available only in e-book form with suitable search capability. This will be useful to capital market intermediaries and other practitioners specialising in the areas of regulatory work relating to capital markets.

The book has been compiled and classified regulation wise in 5 volumes: Takeover Regulations, FUTP Regulations (FUTP refers to Fraudulent and Unfair Trade Practices), Stock Broker Regulations, SEBI Act, and SEBI Regulations (Mutual Funds, Merchant Bankers and Collective Investment Schemes apart from other regulations).

NSE would update the compilation every year, and the revised compilation would be released around June every year.
Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 915.60 -0.55 -0.06
HDFC 1,710.80 +0.85 +0.05
SBI 318.45 +0.05 +0.02
Infosys 1,010.50 +5.20 +0.52
Maruti Suzuki 9,131.35 -2.45 -0.03
Company Price Change %Gain
Bajaj Finance 1,698.65 -8.50 -0.50
Petronet LNG 251.15 +0.95 +0.38
Fortis Health 128.10 -10.80 -7.78
Bharat Fin 993.05 -10.00 -1.00
Tata Motors 405.70 -4.50 -1.10
Top Gainers
Company Price Change %Gain
Dr Reddys Labs 2,256.35 +63.45 +2.89
Adani Ports 402.50 +10.75 +2.74
ONGC 183.30 +4.40 +2.46
GAIL 491.90 +10.70 +2.22
Lupin 846.80 +7.65 +0.91
Company Price Change %Gain
Dr Reddys Labs 2,255.60 +62.10 +2.83
Adani Ports 401.60 +9.65 +2.46
ONGC 182.95 +4.05 +2.26
Lupin 845.00 +7.30 +0.87
Infosys 1,011.10 +7.60 +0.76
Top Losers
Company Price Change %Gain
HPCL 414.95 -17.60 -4.07
Bharti Infratel 355.40 -12.65 -3.44
Tata Power 90.55 -3.00 -3.21
BPCL 498.95 -15.25 -2.97
Coal India 263.40 -6.45 -2.39
Company Price Change %Gain
Coal India 263.25 -6.60 -2.45
Cipla 590.75 -13.10 -2.17
Hero Motocorp 3,444.95 -69.60 -1.98
Bharti Airtel 524.75 -7.75 -1.46
TCS 2,614.15 -41.85 -1.58

Live TV

File is:/article-scroll-new.php