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ARTICLE · 01 JULY 2020

Relaxations By Sebi Amid Covid- 19– Recent Updates

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Since our previous update dated April 28, 2020, the Securities and Exchange Board of India ("SEBI") has introduced further measures considering the COVID-19 outbreak.

IndiaCorporate/Commercial Law
Rupin Chopra
Rupin Chopra
Vibhuti Vasisth
Vibhuti Vasisth
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Since our previous update dated April 28, 2020, the Securities and Exchange Board of India ("SEBI") has introduced further measures considering the COVID-19 outbreak.

SEBI Measures and Regulatory updates amid COVID-19

Certain key updates have been outlined hereunder:

  1. Relaxations in respect of the timelines for activities of the Depository Participants ("DPs"), RTAs, Issuers, KYC Registration Agencies ("KRAs"), Stock Brokers

Vide a Circular dated April 16, 2020, SEBI has provided for certain relaxations in the timelines of some compliance requirements relating to DPs, RTAs, issuers, KRAs, and stock brokers. The Circular prescribes that the time period between March 23, 2020 and May 17, 2020, would now be excluded while computing timelines for the following activities:

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