Description
Taxmann Publications Laik On Unfair Trade Practices In Securities Market by Kaushik Laik
Regulation-wise commentary on the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 (‘FUTP Regulations’), as amended till date
A Regulation-wise commentary on the FUTP Regulations, 2003 supported by decisions of the Supreme Court, various High Courts, the Securities Appellate Tribunal and the SEBI.
Provisions of the 2003 Regulations have been critically analyzed and compared with the provisions of the erstwhile 1995 Regulations to test the efficacy of the former.
A detailed discussion on section 10(b) of the U.S. Securities Exchange Act of 1934 [and Rule 10b-5 promulgated by the (U.S.) Securities Exchange Commission] has been incorporated to understand the concepts engrained in the substantive provisions of the FUTP Regulations.
Important Committee Reports, Press Releases and Notifications have been annexed for ease of reference.
Provisions of the Companies Act, 1956, to the extent relevant for the book, have been compared with those of the Companies Act, 2013 so that readers may appreciate the changes in law, if any.
The Book assumes particular importance given the developments in Securities Laws, both by Judicial Pronouncements and Legislative Actions.