Experts say the new regulatory framework has made it easier for SWFs to access Indian markets.
“We are working on the guidelines for wilful defaulters. It will take some time,” Sebi chairman UK Sinha said at a CII conference.
The tournament saw 650 people enrolling for its maiden run last year.
The contest will culminate on December 21, the 101st anniversary of the crossword.
The Sebi order also advised the market regulator to conduct a detailed probe into confirmation of bids by Citibank NA.
Sebi has said listed companies must follow higher corporate governance standards and there will be no dilution to the new norms.
Agarwal is suspected to have acted as a middleman with SEBI and other regulatory bodies for Saradha chief Sudipta Sen
For instance, in 2009, 140 companies of Saradha Group were registered with the ROC, Kolkata in a span of four days.
Regulator’s order in the case against company comes after 17 years.
‘Companies must declare decisions within 15 minutes of board meetings getting over’.
There are four FIRs against Saradha Group in which it is alleged that thousands of investors were allegedly duped by the company officials.
Subrata Roy was sent to jail on March 4, 2014 for non-refund of over Rs 20,000 crore to depositors.
Regional bourse: SEBI has threatened a penalty equivalent to 20 pc of total asset of exchange.
Sebi chairman UK Sinha said that the proposals with respect to REITs and InvITs were cleared by the board.
Lengthy registration processes and burdensome stamp duties could hinder the establishment of I-REITs.