Advertisements
Advertisements
Question
Study the following case/situation and express your opinion.
Mr. Y is a practising Co. Secretary offering advisory services to companies, institutions, etc. on corporate laws including companies Act. He has received few queries from his clients, please assist Mr. Y in answering them.
- BDl bank wants to offer DP services. Whom should they approach for registering as DP?
- KM Financial wants to offer Debenture Trustee services. Where should they apply for getting registered?
- TT Ltd. Co. wants to issue an IPO. Should it get itself registered with SEBI?
Solution
- For registering as a depository participant (DP), BDI bank has to approach the Securities and Exchange Board of India (SEBI)
- KM Financial should apply to SEBI for getting registered.
- SEBI issues rules and regulations to be followed by issuers of securities. Thus, TT Ltd. Co. has to get itself registered with SEBI as it wants to issue an IPO.
APPEARS IN
RELATED QUESTIONS
State with reason whether the following statement is True or False:
The objective of SEBI is to protect interest of the companies.
Write a word or a term or a phrase that can substitute the following statement.
A specific place where the trading of securities is arranged in an organized method.
State whether the following statement is true or false.
A broker is a dealer in stock exchange who carries on trading of securities in his own name.
Select the Suitable option for the following.
Regulator of capital market ____________.
Select the Suitable option for the following.
Jobber ______.
Correct the underlined word and rewrite the following sentence.
One of the functions of SEBI is to protect the interest of issuers of securities in the securities market.
State the functions of SEBI.
Justify the following statement.
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
Justify the following statement.
SEBI has to perform many functions to regularise the market.
Explain the following term/concept:
SEBI
