Financial Services have become a major contributor to the GDP of the country in the recent decades. A huge chunk of investment-pie is taken by the financial services sector. L&S possesses the expertise to advise banks, NBFCs and companies alike on the implications arising under the RBI Act, Banking Regulation Act, FEMA and Prevention of Money Laundering Act. L&S assists in drafting and reviewin...
24 July 2013
Securities and Exchange Board of India Act, 1992, Securities Contracts (Regulation) Act, 1956 and the Depositories Act, 1996 have been amended by Securities Laws (Amendment) Ordinance, 2013. The amendments which make some changes in the authority of SEBI and the way it is enforced have come into effect from 18th of July, 2013 if not specified otherwise.
As per the amendments, ...
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