📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    As per Reg 5G of SEBI (Prohibition  of  Insider

    Trading) Regulations, 2015 , who among the non-executive directors is considered a Designated Person?
    A Those who have access to unpublished price sensitive information Correct Answer Incorrect Answer
    B Those who hold a professional designation Correct Answer Incorrect Answer
    C Those who are senior employees in the organization Correct Answer Incorrect Answer
    D All non-executive directors are considered Designated Persons Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    As per Reg 5G- Non-Executive Directors of the asset management company/trustee company or trustees who are in possession of / have access to any “unpublished price sensitive information", shall also be deemed to be Designated Persons.

    Practice Next
    More Administrative Interpretation and Maxims Questions
    ask-question