MP Tourism to set up Museum in Bhopal (See 'Corp Brief') FERA - Appellant can not be absolved merely on basis of his denial about arranging foreign exchange transaction overseas when seized documents and explanation offered by concerned persons estabish his involvement : Tribunal (See 'Legal Desk') PMLA - Application seeking interim bail on ground of surgery of wife can be disposed of as date of surgery has not yet been fixed : HC (See 'Legal Desk') Adani Energy completes acquisition of Essar's Mahan-Sipat Transmission assets (See 'Corp Brief') Arbitration Act - Ad-interim injunction can be granted and Respondents be restrained from taking any action which would result in disruption in credit card services through use of licensed software : HC (See 'Legal Desk') Power Finance Corporation announces Highest Annual Profit (See 'Corp Brief') Arbitration - Since settlement has not worked out Court decided to refer matter to arbitration : HC (See 'Legal Desk') SEBI Act - Considering receipt of settlement amount by SEBI and fulfilment of non-monetary term of settlement, adjudication proceedings initiated against Applicant can be disposed of : SEBI (See 'Legal Desk') PMLA Act -Without discussion as to how property is involved in money laundering conclusions recorded by Adjudicating Authority cannot sustain : Tribunal (See 'Legal Desk') Mines Ministry organizes Workshop on Offshore Mining (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') NHAI organises Workshop on implementation of Insurance Surety Bonds (See 'Corp Brief') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk')

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Monitoring system in NSE and BSE trading

Published: Feb 08, 2017

By TIOLCORP News Service

NEW DELHI , FEB 08, 2017: As per the information provided by Securities and Exchange Board of India (SEBI), the total number of investor account with both the depositories viz. National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as on 31st December, 2016, is 2,70,55,717 with a demat custody value of Rs. 2,82,81,225 crores. (one person can open multiple demat accounts).

Further, the total annual turnover at National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for the Financial Year 2016-17 stood at Rs. 39,75,484 crores and Rs. 6,34,934 crores respectively (upto 27th January, 2017). As on 27th January, 2017, the total Market Capitalisation at NSE and BSE is Rs. 1,11,84,067 crores and Rs. 1,13,87,346 crores respectively.

There are a number of provisions in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) pertaining to submission of financial results so as to ensure that companies submit accurate financial information. These include submission of the financial results by listed companies in the prescribed formats to ensure uniformity in disclosures, certifying that the financial results do not contain any false or misleading information, timely submission of the audit reports to the stock exchange(s) by certified auditor alongwith a statement on the impact of any Audit Qualifications raised by the Auditors on financial results, preparation of financial results as per Generally Accepted Accounting Principles, etc.

Government, SEBI and Stock Exchanges maintain constant vigil in the market, and in case of any abnormality, take appropriate action against the concerned entities. In order to enable investors to make well-informed investment decisions, various comprehensive disclosure requirements on a continuous basis have been prescribed under Listing Regulations to ensure timely, adequate and accurate disclosure of information to the investors. Certain disciplinary actions have also been prescribed under Listing Regulations for violation of these provisions including imposition of fines and freezing of promoter holdings. Further, SEBI conducts investor education and awareness activities across the country, to enable investors take informed investment decisions.

This was stated by Mr Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

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