As per SEBI (Prohibition of Insider Trading) Regulations, 2015, How does the definition of an insider treat a connected person?
As per Reg 2- "insider" means any person who is: i) a connected person;or ii) in possession of having access to unpublished price sensitive information; NOTE:Since “generally available information” is defined, it is intended that anyone in possession of or having access to unpublished price sensitive information should be considered an “insider” regardless of how one came in possession of or had access to such information. Various circumstances are provided for such a person to demonstrate that he has not indulged in insider trading. Therefore, this definition is intended to bring within its reach any person who is in receipt of or has access to unpublished price sensitive information. Theonus of showing that a certain person was in possession of or had access to unpublished price sensitive information at the time of trading would, therefore, be on the person leveling the charge after which the person who has traded when in possession of or having access to unpublished price sensitive information may demonstrate that he was not in such possession or that he has not traded or or he could not access or that his trading when in possession of such information was squarely covered by the exonerating circumstances.
The Act that is also known as ‘Morley-Minto Reforms’ is:
Which of the following statements is NOT true for Indian monsoons?
Which edition of India International Trade Fair (IITF) took place in the year 2021?
Which State of India is located in the north of tropic of Cancer?
Was the first president of the Rajya Sabha
Which one of the following statements is not correct?
What is the target of India's Logistics Policy?
Which of the following are ‘permanent winds?
A) Trade winds
B) Westerlies
C) Easterlies
D) Monsoon winds
W ho among the following added a new dimension to food security and emphasised the “access” to food through what he called entitlements?
President Droupadi Murmu became the first Indian to be honoured with the Grand Order of the Chain of the Yellow Star. It is the highest civilian award o...