SEBI on August 09, 2024 has issued a Master Circular for Stock Brokers. Master Circular for Stock Brokers dated May 22, 2024, to the extent they relate to the Stock Brokers, are hereby rescinded. The new master circular provides that Stock Exchanges shall verify the antecedents of an applicant seeking registration as stock broker before granting admission as a member of Stock Exchange and also submit a declaration at the time of forwarding the applications for registration with SEBI, to the effect that the member has not been convicted of any offence involving fraud or dishonesty.
West Bengal Expands Jurisdiction of Labor Tribunals and Courts
The jurisdiction of these tribunals and courts for adjudication disputes/cases has been broadened to include a wider range of labor laws, including the Industrial Disputes