Sebi Introduces New Mechanism to Enforce Minimum Investment Threshold in Specialized Investment Funds, ETLegalWorld

Sebi Introduces New Mechanism to Enforce Minimum Investment Threshold in Specialized Investment Funds, ETLegalWorld

Markets regulator Sebi on Tuesday came out with a mechanism for monitoring compliance with minimum investment threshold under Specialized Investment Funds (SIF). In case of any active breach of the threshold of Rs 10 lakh by an investor, including through transactions on stock exchanges or off-market transfers, Sebi said that all units of such investors…

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Kerala High Court Directs Formation Of Management Unit, Public Feedback Mechanism For Conservation Of Ashtamudi Wetland

Kerala High Court Directs Formation Of Management Unit, Public Feedback Mechanism For Conservation Of Ashtamudi Wetland

The Kerala High Court on Tuesday (July 29) directed the State government and the State Wetland Authority to constitute a specific unit for the conversation of Ashtamudi Wetland, namely, Ashtamudi Wetland Management Unit. Ashtamudi Lake in Kollam district is Kerala’s second-largest wetland ecosystem. It is designated as a wetland of international relevance under the Ramsar…

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