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 Mandates Daily Monitoring and Auto-Redemption for Breach of Rs. 10 Lakh Minimum in Specialized...
The SEBI (Securities and Exchange Board of India) has mandated "daily monitoring and auto-redemption for any breach of the ₹10 lakh minimum investment in specialized investment funds." This new directive aims to protect investors and ensure compliance with regulatory norms for these funds. By requiring daily checks and automatic redemption if the minimum investment threshold is not maintained, SEBI is enhancing investor protection and ensuring that only qualified or specified investors remain in these high-risk, specialized funds.