Tag: SEBI laws

Front Running: The definition conundrum

By Hardeep Singh Chawla, Fourth Year, B.A, LL.B (Hons.), Amity Law School Editor’s Note: SAT through the case of Dipak Patel v. SEBI, held that the offense of front running cannot be ascribed to anyone except an ‘intermediary’. This order of SAT was in pursuance of the new FUTP Regulations, 2003 […]

Buy Back of Shares

By Meenakshi Menon, NUALS Editor’s Note: Buying back of shares which is often taken as a defense against takeovers has been recently given legal recognition in India. Sections 77A and 77B have been added in the Companies Act to deal with it specifically. The author discusses the basics and the procedure involved […]