SEBI (Prohibition of Fraudulent & Unfair Trade Practices relating to Securities Market) (Amendment) Regulations 2022
The Securities and Exchange Board of India has notified the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022 to further amend the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003
Dealing in securities shall be deemed to be a manipulative fraudulent or an unfair trade practice if it involves disseminating information or advice through any media, whether physical or digital, which the disseminator knows to be false or misleading in a reckless or careless manner and which is designed to, or likely to influence the decision of investors dealing in securities. The words “reckless or careless manner” has been added in the Regulation 4(2)(k).
Further, in Regulation 6 relating to the power of the Investigating Authority, the following new powers has been added:
Read Full Notification Click Here >>
- Date of dispatch of Speed Post of verified ITR-V relevant for determining 30 days period
- Cash deposit before giving unsecured loan-Addition in hands of loan creditor or receiver?
- Limitation for filing Rectification Application u/s 254(2)starts from the date order is served
- Only actual days of services to be considered in computing threshold for constitution of PE
- Depreciation on goodwill to amalgamated company upheld as AO took a plausible view
 (Amendment) Regulations 2022){kind=link}