Our Partner, Vaibhav Singh along with Manas Kotak, Associate have prepared a compendium titled “SAT's Key Judgments from 2019 To 2024” for Mondaq which will be published in three volumes. This compendium compiles judgments from the Securities Appellate Tribunal (SAT) spanning 2019 to 2024, focusing on appeals against orders passed by SEBI. During this period, Justice Tarun Agarwala, as Presiding Officer of SAT, significantly influenced and shaped SAT's jurisprudence with fair and well-reasoned judgments, navigating complex legal issues pertaining to securities law. Each volume of this compendium contains rulings under different topics, offering insights for legal practitioners, scholars, regulators, and market participants, aiming to deepen understanding of securities regulation and jurisprudence. Read the first volume of the compendium at: https://lnkd.in/gx7asH7R #Securitieslaw #SAT #Judgments #securtiesregulation #legalupdate
Shardul Amarchand Mangaldas & Co’s Post
More Relevant Posts
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Calcutta High Court upholds validity of SEBI's Exit Policy and SECC Regulations; directs Calcutta Stock Exchange to comply with SECC Regulations Reported by Ritu Singh Read More Here- https://lnkd.in/gyQiB9DF #CalcuttaHighCourt #CalcuttaStockExchangeLimited #JusticeTapabrataChakraborty #SEBI #SEBIsExitPolicy #SECCRegulations2012 #SecuritiesContractsRegulationAct1956 #scconline #SCC #legalnews #scconlineblog #legalknowledge #legalblog #legalupdates #lawstudent #legalresearch #legalstudies #surestwaytolegalresearch #bringingyouthebestlegalnews
Calcutta High Court upholds validity of SEBI’s Exit Policy and SECC Regulations; directs Calcutta Stock Exchange to comply with SECC Regulations
https://www.scconline.com/blog
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Securities Appellate Tribunal directs SEBI to pay 5 lakhs for its lackadaisical approach in defreezing of shares Reported by Arunima B. Read More Here- https://lnkd.in/dCve8YZd #SecuritiesAppellateTribunal #freezingofshares #kirloskarindustrieslimited #NSDL #SEBI #securitiesexchange #scconline #SCC #legalnews #scconlineblog #legalknowledge #legalblog #legalupdates #lawstudent #legalresearch #legalstudies #surestwaytolegalresearch #bringingyouthebestlegalnews
Securities Appellate Tribunal directs SEBI to pay 5 lakhs for its lackadaisical approach in defreezing of shares
https://www.scconline.com/blog
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New Horizons in Market Regulation: CJI Chandrachud’s Inaugural Address at SAT In a landmark event, Chief Justice of India D.Y. Chandrachud inaugurated the new premises of the Securities Appellate Tribunal in Mumbai. His address highlighted the critical surge in equity markets and the consequent need for judicial vigilance. Stable Backbone: He emphasized the importance of a stable judicial backbone to keep up with the increasing market transactions and evolving regulations. Expansion Call: He advocated for the establishment of additional SAT benches to manage the growing workload effectively. Regulatory Caution: The CJI advised SEBI and SAT to proceed with caution during these times of significant market activity. This move signals a proactive approach towards ensuring that our market regulation mechanisms are robust and responsive. Read more here: https://lnkd.in/gUJFcbMb #MarketRegulation #JudicialReform #SEBI #SAT #EquityMarkets
Surging markets: CJI Chandrachud advises SEBI, SAT to be cautious, pitches for more tribunal benches
thehindu.com
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This compilation provides valuable insights into the aspects of UPSI and the responsibilities of Legal advisors dealing with the same during significant transactions as well as SEBI's countermeasures vide the amended PIT regulations of 2015 to curb the malpractices that may rise due to possession of such UPSI while referencing the matter of DEN Networks Limited. A must read!!!
This compilation summarizes an order issued by the Securities and Exchange Board of India and highlights the responsibilities of the legal advisors involved in significant transactions, where they might be in possession of unpublished price-sensitive information.
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BLOG POST ☀ By encouraging adoption of the unifying framework and embracing self-regulation, enhance market integrity, and capitalize on the efficiency of honest markets. The framework does not propose to replace the binding regulations, it runs parallel to the regulations complementing and fortifying them. The draft SEBI(PUSTA) regulations have proven to be problematic and does not withstand scrutiny. With the present Lacunae in the law regarding stockbroker gatekeeper regulations, the adoption of self-regulation can effectively fill the vacuum till viable regulations are enacted to successfully curb illicit transactions in financial market. Written by ~ Zenobia Sood #sebi #investing #investment #companylaw #management #lawschool #lawstudents https://lnkd.in/ddwW9t5u
SEBI's Fortifying Regulations: Tackling Market Manipulation
aiclr.in
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In-house Counsel of the Year 2024 Global Legal Excellence Awards | Lex Falcon Golden Award 2022-23 | Vice President Legal at Sammaan Capital | Founder and Mentor at Lex Familia India | Advisor & Investor at BizzSetu
Important reading for legal practitioners specially for young ones regarding maintenance of confidentiality of UPSI and restrain in dealing with securities of clients advised by them or the firm!
This compilation summarizes an order issued by the Securities and Exchange Board of India and highlights the responsibilities of the legal advisors involved in significant transactions, where they might be in possession of unpublished price-sensitive information.
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Glad to share that Rohan Sood and I recently wrote a paper titled - 'Pedestalizing Intention - A Vivid Interpretation of the Insider Trading Regulations' for The Indian Review of Corporate and Commercial Laws which discusses the dilution of the legislative intent of the Prohibition of Insider Trading Regulations 2015 by the Indian Courts. The article can be accessed here - https://lnkd.in/d_HAejMP Jindal Global Law School (JGLS) O.P. Jindal Global University (JGU)
Pedestalizing Intention - A Vivid Interpretation of the Insider Trading Regulations
irccl.in
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Global Banking & Markets | Ex Goldman Sachs | Quantitative Investment Strategies | Data Science | Board Member - Harvard Business Review | Charter holder - CQF | FRM | CFA |
Breaking News- Indian Options Market at the Heart of Wall Street Legal Battle in US. Manipulation, pump and dump details disclosed in US court. Time for #SEBI and #SupremeCourtofIndia to act!! One of the top trading firm #JaneStreet is suing another top firm #Millenium and accusing it for stealing "Options Trading Strategy of Indian Market". Jane street made more than $10.6 Billion revenue last year. 🏛️ Court Case Details: Jane Street Group is suing two former traders, Douglas Schadewald and Daniel Spottiswood, and Millennium Management, alleging they stole a proprietary trading strategy involving options trading in India. 🤫 Strategy Disclosure: The strategy, described as Jane Street’s most profitable, was inadvertently disclosed during a court hearing. Jane Street had sought to keep the hearing closed to protect the details. 💸 Financial Impact: Jane Street claimed the strategy generated about $1 billion last year. The firm's total net trading revenue was over $10 billion. 🇮🇳 Strategy's Focus: The specific trading strategy is focused on the Indian market, which both lawyers for Millennium and Jane Street acknowledged during the court session. 📚 Defense Argument: Millennium’s lawyers argued that the strategy wasn’t secretive, comparing the traders' skills to "gold miners" using basic, well-known options trading techniques. ⚖️ Judge's Decision: US District Judge Paul Engelmayer denied Jane Street’s request to bar the former traders and Millennium from using the strategy, suggesting potential compensation for any proven harm instead. 🗓️ Trial Set: The trial is scheduled for July in the New York federal court. 🛡️ Intellectual Property: Jane Street emphasizes reliance on intellectual property and confidentiality agreements over non-compete clauses to protect their investments. #TradingWars #IndianOptions #WallStreetLegal #HighFrequencyTrading #MarketStrategy #IntellectualProperty #FinanceNews #TradingTactics #InvestmentTrends #JaneStreetVsMillennium
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Partner at Mason & Associates
3wI know Manas Kotak would have done a fantastic job!!