Академический Документы
Профессиональный Документы
Культура Документы
(RESEARCH PAPER PREPARED FOR INVESTMENT AND SECURITIES LAW UNDER THE
CURRICULUM OF B.A.LLB.(Hons.)
RMLNLU B. A. LL.B.(H)
Enrollment number: 130101131
CERTIFICATE OF ORIGINALITY
This project report has been prepared by the Writer as a student under the curriculum of
B.A.LLB. (Hons.), 9th Semester, for academic purpose only. The views expressed in this work
are original and personal work of the student and in no ways reflect the views of the institution or
binds it in any manner. This research work is also the Intellectual Property of the writer and the
same or any parts of it may not be used in any way, in any manner, without her permission.
ACKNOWLEDGEMENT
I express my sincere gratitude to Dr. Manoj Kumar, for giving me a wonderful opportunity to
intern under them. I am extremely grateful to my friends and colleagues for being the constant
support they were throughout. For taking out time not only to assist in picking up relevant topic
I would also express my sincere gratitude to the entire staff of RMLNLU, Madhu Limaye
Library for their help and cooperation on daily basis and who were directly or indirectly
ACKNOWLEDGEMENT ......................................................................................................... 3
PREFACE .................................................................................................................................. 4
LIST OF CASES........................................................................................................................ 9
The Kingfisher – How did Mr. Mallya fish all the fishes in the pond? .. Error! Bookmark not
defined.
Analysis of the violation of provision under different statutes Error! Bookmark not defined.
not defined.
3. Buy out of Mr. Mallya’s stake on discovery of irregularities in the books: A case for
The order passed by the WTM under S.11 and 11B, barring him from accessing the securities
market and disgorgement of unlawful gains was correct in law.Error! Bookmark not defined.
1. The order of Restrain from Access to securities market is well laid in law ..........Error!
not defined.
METHODOLOGY .................................................................................................................. 11
CONCLUSION ........................................................................................................................ 11
BIBLIOGRAPHY .................................................................................................................... 13
Books ................................................................................................................................... 13
Articles ................................................................................................................................. 14
Reports ................................................................................................................................. 14
Securities Exchange Board of India Act, 1992, No. 15, Acts of Parliament, 1949 (India)
Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices)
Regulation, 2003, Gazette of India, pt.II sec.3 (Jul. 17, 2004)
Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 1992,
Gazette of India,pt.III sec.4 (Nov. 19, 1992)
Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015,
Gazette of India,pt.III sec.4 (Jan. 15, 2015)
CASES
Paramjit Gill & Ors. v. SEBI, SAT Appeal No. 52 of 2017 (Aug. 11, 2017)
Milan Mahendra Securities Pvt. Ltd v. SEBI, SAT Appeal No. 66 of 2003 (Nov. 15, 2006)
AKS/EAD3-565-569 /109-113/2014
Adjudicating Order In the Matter of M/s. Helios and Matheson Information Technology Ltd.,
INTRODUCTION
OBJECTIVE OF RESEARCH
METHODOLOGY
The methodology used in this project is primarily doctrinal research with help of books, articles,
case laws etc. all of which have been provided in the bibliography below.
CONCLUSION
BIBLIOGRAPHY
Statutes/ Regulations
Securities Exchange Board of India Act, 1992, No. 15, Acts of Parliament, 1949 (India)
Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices)
Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 1992,
Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015,
Books
Francis Beaufort Palmer and Geoffrey Morse, Palmer’s Company Law-Principles of Modern
Sandeep Parekh, Fraud, Manipulation and Insider Trading in Indian Securities Market 217 (2nd
Sumit Agrawal, Robin Joseph Baby, Amit Agrawal, Agrawal and Baby on SEBI Act, (1st ed.
Gaurav Pingle, Analysis of Sebi & Sat Orders Passed on Insider Trading Matters In 2014, [2015]
61 taxmann.com 43 (Article)
Rajat Sethi, Sudip Mahapatra and Jinaly Dani, Insider Trading Regulati ons: Implicati ons for
M&A Transacti ons, SEBI’s Investi gati ve Powers and Penalties Imposed (Jul 15, 2017),
http://www.nlsblr.in/uploads/3/7/6/7/37673841/04.pdf
big-story/lead-story/till-pledge-do-us-apart-2205
Reports
The High Level Committee Report under the Chairmanship of NK Sodhi on the review of the
http://www.sebi.gov.in/sebi_data/attachdocs/1386758945803.pdf
Other Authorities
Discussion Paper on review of Clause 36 and related clauses of equity listing agreement, SEBI
Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 (Aug. 24, 2015),
http://www.sebi.gov.in/sebi_data/attachdocs/1440413398668.pdf.
India 2015).