SEBI & MCA Regulatory Reforms and Enforcement
Key Questions
What is the latest update on NSE's IPO filing?
NSE has finally filed its DRHP for IPO after a decade of regulatory delays, positioning it as one of India's largest upcoming listings.
What overhaul has SEBI proposed for margin trading facilities?
SEBI proposes changes to MTF including a ₹1.3T book size, NCD funding options, and net worth caps to manage risks amid surging volumes.
What was the Supreme Court ruling on shareholder voting?
The Court held that voting by institutional shareholders must be assessed based on lawful authority rather than mere procedural compliance.
How does CSCRF prioritize governance?
SEBI's CSCRF emphasizes board-level oversight and governance over purely technical security controls across six defined functions.
What enforcement action was taken against Rajesh Exports?
SEBI flagged ₹15.15 lakh crore in fabricated revenue and discrepancies in share counts, highlighting ongoing governance lapses.
What changes were made to AIF winding-up norms?
SEBI eased rules allowing AIFs to retain liquidation proceeds beyond the fund tenure with mandatory annual reporting on retained funds.
What is the new Independent Director Exam for 2026?
The exam under the Companies Act, 2013 aims to professionalize independent directors with updated syllabus, fees, and examination patterns.
How is SEBI revising the ETF trading framework?
SEBI updated rules to address NAV-based trading issues and improve the overall operational framework for exchange-traded funds.
Comprehensive regulatory overhaul: NSE finally files DRHP for IPO after decade of delays; SEBI proposes MTF overhaul (₹1.3T book, NCD funding, net worth caps); Supreme Court ruling on shareholder voting (lawful authority principle); CSCRF prioritizes governance over technical controls. Other updates: May 2026 Master Circular, F&O rules, OYO IPO, Rajesh Exports enforcement (₹15.15 lakh crore fabricated revenue) with new share count discrepancies, SEBI AMC executive pay disclosure proposal, MPS relaxation, MCA 2026 Bill, RPT amendments, CSR via Social Stock Exchange, buyback taxation shift, Independent Director Exam 2026, SEBI fit-and-proper overhaul, AIF winding-up norms eased, ETF framework revised. Live case studies for governance, enforcement, and statutory interpretation.