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SECURITIES LAW UPDATE

SECURITIES LAW UPDATE

Securities Law update :  SEBI is  coming out with regulations on Corporate bonds soon to encourage companies to tap this route, says SEBI Chairman, Mr. Ajay Tyagi. He further said that the government's proposal to mandate listed companies to raise 25 per cent funds from corporate bonds was a good step and that detailed rules would be issued by September. Shri Arun Jaitley, Hon'ble Union Finance Minister, interacted with the members of the SEBI Board and senior officials of SEBI at New Delhi today. Shri P. Radhakrishnan, Minister of State for Finance, Dr. Hasmukh Adhia, Finance Secretary, Ministry of Finance, Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs and Shri Arvind Subramanian, Chief Economic Advisor also attended the meeting.

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