What is General Employee Benefit Scheme?
What is General Employee Benefit Scheme?
General Employee Benefits Scheme or GEBS(Regulation 2(l)): GEBS means any scheme of a company framed in accordance with these regulations, dealing in shares of the company or the shares of its listed holding company, for the purpose of employee welfare including healthcare benefits, hospital care or benefits, or …
What are the regulations of SEBI?
Functions of SEBI It regulates the operations of depositories, participants, custodians of securities, foreign portfolio investors, and credit rating agencies. It prohibits insider trading, i.e. fraudulent and unfair trade practices related to the securities market.
When did SEBI introduce new regulations?
It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
How does SEBI regulation new issue market?
SEBI Guidelines for first issue by new companies in Primary Market: 1. A new company which has not completed 12 months of commercial operations will not be allowed to issue shares at a premium. The shares of the new companies have to be listed either with OTCEI or any other stock exchange.
What is meant by sweat shares?
The sweat equity shares mean shares issued by a company to its directors or employees for non-cash consideration or at a discount for making rights available in the nature of intellectual property rights or providing know-hows or any providing any value additions in any form.
What is exercise period in ESOP?
Vesting Period – The time period between the grant date and vesting date. Exercise Period – Once stocks have ‘vested’, the employee now has a right to buy (but not an obligation) the shares for a period of time. This period is called exercise period. Exercise Date – The date on which employee exercises the option.
Who has power to grant immunity?
Immunity can be granted by the Commissioner on his satisfaction.
What is new rule of Sebi?
SEBI Margin Rules: SEBI had introduced the new peak margin regulation a year ago for day traders. It is being implemented in a phased manner. Under the new peak margin rule, traders will be required to give 100 per cent margin upfront for their trades. It is likely that the new rule will impact intraday trade.
Who has the right to establish Sebi?
the Indian Union Government
The Structural Set Up of SEBI India The Chairman – Nominated by the Indian Union Government. Two members belonging to the Union Finance Ministry of India. One member belonging to the Reserve Bank of India or RBI. Other five members – Nominated by the Union Government of India.
Who regulates primary market in India?
The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.
Why do companies issue rights?
Why do companies offer rights issues? A company would offer a rights issue in order to raise capital. If current shareholders did choose to buy the additional shares, a company could use the funding to clear its debt obligations, acquire assets, or facilitate expansion without having to take out a loan from a bank.
What is General Employee Benefit Scheme? General Employee Benefits Scheme or GEBS(Regulation 2(l)): GEBS means any scheme of a company framed in accordance with these regulations, dealing in shares of the company or the shares of its listed holding company, for the purpose of employee welfare including healthcare benefits, hospital care or benefits, or ……