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 removes CP Code Requirement for NRIs Trading in Derivatives to Boost Ease of Investment
The Securities and Exchange Board of India (SEBI) has introduced a new "CP code requirement for NRIs trading derivatives" to boost investment and regulatory oversight. The new rule mandates that Non-Resident Indians (NRIs) must obtain a specific code for derivative trading, which will help SEBI in tracking their trades and ensuring compliance with all regulations. This measure is aimed at enhancing market integrity while also attracting more foreign investment in the derivatives market.