Recent News

Ccv empanelled as independent valuers...
Sameer 23 Nov 2016
Read More..
Bankruptcy code finalized in a move t...
Sameer 22 Nov 2016
Read More..
Multi-tiered tax structure finalized ...
Sameer 04 Nov 2016
Read More..
Sebi issues a fresh circular for non-...
Sameer 26 Oct 2016
Read More..
Sebi allows companies on the dissemin...
Sameer 11 Oct 2016
Read More..

Latest comment

Mr sharma 11/3/2016
Sebi issues a fresh circular for non-c
Good :p
Pankaj 8/16/2016
National company law tribunal rules, 2
Superb

Top 5 Most Visited News

Mca issues companies mediation and co...
Visited By : 377 Visitors
Posted By: Sameer
Read ..
National company law tribunal rules, ...
Visited By :348 Visitors
Posted By: Narendra
Read ..
Ccv empanelled as independent valuers...
Visited By : 262 Visitors
Posted By: Sameer
Read ..
Master circular for mutual funds 2016...
Visited By :246 Visitors
Posted By: Sameer
Read ..
Mca has notified investor education a...
Visited By : 245 Visitors
Posted By: Sameer
Read ..

More News Related To This

Multi-tiered tax structure finalized ...
Sameer 04 Nov 2016
Read More..
Sebi allows companies on the dissemin...
Sameer 11 Oct 2016
Read More..
Master circular for mutual funds 2016...
Sameer 15 Sep 2016
Read More..
Ministry of corporate affairs has not...
Narendra 12 Sep 2016
Read More..
Restrictions on promoters and whole-t...
Kulbhushan 08 Sep 2016
Read More..

Home > Company Registration > Contact Us

Sebi issues a fresh circular for non-compliance with LODR Regulations, 2015

SEBI has issued a circular freezing Demat accounts of promoter and promoter groups for non-compliance with provisions of SEBI (LODR) Regulations, 2015.
 
Sebi-issues-a-fresh-circular-for-non-compliance-with-LODR-Regulations-2015 
 
This move is to ensure effective enforcement as some non-compliant entities had not paid the levied fines.
The circular states when a non-compliant listed entity fails to pay fines upon expiry of the period indicated in the notice issued by the recognized stock exchange its other securities in the Demat account shall be frozen to the extent of liability on a quarterly basis.
For two consecutive lapses, the entire shareholding of the promoter shall be frozen. Also for such non-compliance holdings in the Demat account in other securities shall be frozen depending on the extent of liability.
Sebi gives stock exchange(s) the discretion in determining which securities and holding are to be frozen. The circular is applicable to all outstanding fines, also the stock exchanges and depositories are directed to implement the circular in coordination.
 
The circular is available on
 
 
 
 
Keywords : Sebi issues a fresh circular for non-compliance with LODR Regulations, 2015

Comments () Average Rating:

Write Comment

Name:*
Email ID:*
Rate:
 
Clear
Review:*

Thank You for subscribing Awapalsolutions News

Kindly check your email id and verify it.

Please verify link for confirming your subscription.

Follow us on

You have been already subscribed at Awapalsolutions News for this email id, Kindly recheck your Inbox and Spam Mail Box and verify it.

If you are unable to receive or verify the email, Kindly mail at support@awapalsolutions.com

Follow us on