Finsec Law Advisors

The founder of Finsec Law Advisors and former Sebi ED said that this might act as a self-fulfilling prophecy, causing liquidity to dry up and prices to fall

Satyam Computers: What caused the delay in the Sebi order and how it exposes a key question

This latest SEBI order only dealt with the controversy of what should be the exact amount of illegitimate gains to be disgorged by the promoters. A fixed methodology or regulations to calculate unlawful gains may be the need of the hour.

‘Technical issues are a gray area; traders have to factor in this risk, regulator’s call final': Sandeep Parekh

The broker can’t end up paying every time there is a problem; the whole system will collapse, says the founder of Finsec Law Advisors and former Sebi executive director

Brickwork Ratings: SEBI's U-turn on CRA’s licence cancellation is a constructive approach 

This episode shows that the regulator is not shy of taking strict actions against errant intermediaries, but is willing to work together to improve processes.

Punters versus The Real Economy

By: Sandeep Parekh, Finsec Law Advisors

RPTs: Taking Shareholders For Granted?

RPTs: Taking Shareholders For Granted?

Related Parties: SEBI vs Companies Act!

By: Sandeep Parekh & Shashank Patil, Finsec Law Advisors

For New Age Companies - From SEBI, With Love

By: Sandeep Parekh, Finsec Law Advisors

OFS window open for 2 days needs to be looked into: Choksey

Talking to CNBC-TV18, experts Manan Lahoti of Luthra & Luthra, Deven Choksey of KR Choksey Shares and Sandeep Parekh of Finsec Law Advisors gave their views on the new SEBI norms.

Time right for Whistleblower Act: Sandeep Parekh

Market regulator Sebi has announced a new set of corporate governance norms after a board meeting in Delhi today. An independent director can now be on the board of a maximum of seven companies and only three if the person is acting as a whole time director. Sebi has announced that all companies must have a mandatory whistleblower mechanism.

Insider trading laws difficult, India no exception: Expert

Sandip Parikh, founder, Finsec Law Advisors approved of the recommendations given by the Sebi panel, saying, insider trading laws are cunningly difficult all over the world and India is going to be no exception.

25% Norm: SEBI vs Non-Compliant Promoters/Directors

Those consequences became clear this week when the 3-year time period to comply with the 25% minimum public shareholding norm came to an end. On June 4th SEBI passed an interim order including sanctions against promoters and directors of 105 companies that have not yet increased public shareholding to 25%.

RBI clarifications can be interpreted subjectively: Parekh

Sandeep Parekh of Finsec Law Advisors told CNBC-TV18 that the clarifications issued by the banking regulator Reserve Bank of India (RBI) involved a lot of subjective interpretations and welcomed the decisions to extend the implementation time to 18 months from one year.

See no change in takeover norms by Sebi: Finsec Law

Sebi chairman UK Sinha today warned against violation of public shareholding norms. The market regulator added that the government is committed to ensuring that public sector companies comply with the minimum public shareholding norms and will not be seeking any extension. It has also decided to tweak takeover and OFS norms.

Pre-set rules for freak trades will be welcome: FinSec Law

Sandeep Parekh of FinSec Law Advisors is unsure why the circuit filters were not triggered at 10 percent levels and started only at 15.5 percent. As several unintended consequences are associated with these trades, Parekh believes, "Pre-set rules on this would be a welcome step and hopefully, SEBI will push for this and not just the exchanges."

Experts discuss: Impact of big-bang reforms

A host of pending bills got Cabinet approval late on Thursday. To become law, these bills need to be ratified in Parliament. Adi Godrej, president, CII and Sandeep Parekh, Founder, discuss the impact of these reforms.

SEBI listing guidelines painful, but doable: Experts

Experts tell CNBC-TV18 that even though SEBI's listing guidelines are painful, they are not prohibitive in nature.

ONGC auction: Experts glad it's over, say stock may do well

After a high voltage drama, Oil and Natural Gas Corp (ONGC) finally scrapped though as its share auction marginally fell short of full subscription.

Are preferential issues abused by promoters? Experts debate

Institutional Investor Advisory Services (IIAS) advice to shareholders of Hindalco to vote against its preferential issue of warrants has sparked off a debate about the viability of preferential allotments.

What is buyback of shares, exemption from takeover norms

In Raghu H Dalmia vs. SEBI a SAT ruling from last week, the tribunal held that a buy back resulting in an increase in the shareholding of the promoter is not a result of acquisition of shares or votes and such increase in shareholding will not trigger the open offer obligations of an acquirer.

New takeover code is good for all: FinSec Law Advisors

Last week, SEBI notified new takeover rule. In an interview to CNBC-TV18, Sandeep Parekh, founder of FinSec Law Advisors said, it’s good for the company, promoter and investor.

New takeover regime: Experts decode the norms

The Securities and Exchange Board of India (SEBI) has notified the new takeover code. Experts discuss the new norms and give their outlook going forward.

Rights Issue Gone Wrong?

SEBI says unsecured loans given by promoters cannot be adjusted against their entitlement in a rights issue; SAT says they can.

How do experts view Cairn's Rs 50 non-compete fee waiver?

SP Tulsian of sptulsian.com and Sandeep Parekh, founder, FinSec Law Advisors speak to CNBC-TV18 about Cairn Energy's green signal that it will sell up to 40% stake in its Indian unit to mining group Vedanta Resources.

Pledge share pain: Here's what experts diagnose

The panic on the street stands at the back of consistent worries over shares being pledged. Talking to CNBC-TV18, experts Deena Mehta, managing director of Asit C Mehta Investments and Sandeep Parekh, founder of Finsec Law Advisors analyse the alarm over the many instances seen through the week.