Insights
SAM Securities Law Update
May 9, 2024Stay abreast of the latest legal developments with our firm’s insightful analysis featured in the May Edition of the ‘SAM Securities Law Update.’ In this edition, we examine the recent ex-parte interim order issued by SEBI against Linde India Limited, focusing on “related party transactions.”
Authored by Prashant Gupta (National Practice Head – Capital Markets), Manjari Tyagi (Partner), and Trishita Dasgupta (Principal Associate), our analysis explores SEBI’s ruling and the underlying rationale for SEBI’s inclination to encompass a broader spectrum of material related party transactions necessitating prior approval from public shareholders. SEBI’s stance towards interpreting its regulations purposively is highlighted, as it continues to expands its scrutiny beyond literal interpretations.
For a detailed exploration of these issues and more, delve into our analysis.
