Banking and Finance

The Securities and Exchange Board of India (SEBI), vide circular number SEBI/HO/ISD/ISD-PoD-2/P/CIR/2024/180 dated 30 December 2024 (Circular) relaxed the applicability of trading window restrictions prescribed under schedule B paragraph 4 of the SEBI (Prohibition on Insider Trading) Regulations, 2015 (PIT Regulations) in relation to subscription to non- convertible securities, as defined under Regulation 2(x) of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 202

The Securities and Exchange Board of India (SEBI) has recently introduced amendments to the SEBI (Investment Advisers) Regulations, 2013 and SEBI (Research Analysts) Regulations, 2014 dated 16 December 2024 (Amendments) and has significantly modified the regulatory framework governing Investment Advisers and Research Analysts in India.

The Insolvency and Bankruptcy Code, 2016 (Code), since its inception has aimed for the swift resolution of stressed companies in the Indian economy, coupled with value maximization for all stakeholders.