The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 rescinded:
Under Regulation 111(1) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, the Securities and Exchange Board of India (Disclosure and Investor…
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The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 rescinded:
Answer and explanation
Correct answer B
Under Regulation 111(1) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 stood rescinded upon the commencement of the 2009 Regulations. The 2009 Regulations consolidated and replaced the DIP Guidelines to provide statutory regulations governing public issues, rights issues, and preferential allotments under the SEBI Act, 1992 (and were subsequently replaced by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018). The Takeover Regulations, Insider Trading Regulations, and Delisting Guidelines were governed by their own separate regulatory frameworks.
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