Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Extends Timeline for Implementation of Revised Nomination Framework for Mutual Funds and Demat...
The SEBI has extended the timeline for the implementation of the "revised nomination framework for mutual funds and demat accounts" to accommodate stakeholder feedback. This extension, a response to requests from depositories and industry associations, will provide market intermediaries with more time to upgrade their systems and ensure a smooth transition. The new framework aims to streamline the nomination process, enhance investor protection, and improve the efficiency of claim settlements in the securities market.