Chapter 8
1. Reports on Corporate Governance, “Report of the SEBI Committee on Corporate Governance,”. (New Delhi: Economic India Info-Services Academia Foundation, 2004).
2. Arvind P Datar, “Safeguarding Investors Interest,” The Hindu, 12 July 2004.
3. Richa Mishra, “Ministry Cracks the Whip on Vanishing Companies,” Financial Express, 23 December 2004.
4. Ibid.
5. Rafael La Porta, Florencio Lopez DeSilanes, Andrei Shleifer and Robert Vishny, “Investor Protection and Corporate Governance” Harvard University and University of Chicago, June 1999 available at http://rru.worldbank.org/Documents/PapersLinks/investor_protection_origins_consequences_reform_latest.pdf
6. Mark L. Defond and Mingyi Hung, “Investor Protection and Corporate Governance: Evidence From Worldwide CEO Turnover,” Journal of Accounting Research (Vol. 42, No. 2, 2004): 269–312.
7. ET Delhi Bureau, “SEBI Starts Probe Against Dalal Street’s Dirty Dozen,” Economic Times, 19 March 2005.
8. See Note 5.
9. Ibid.
10. Ibid.
11. Ibid.
12. A joint study of the Securities and Exchange Board of India and the National Council of Applied Economic Research, cited in Sri Ram Khanna, ed. Financial Markets in India and Protection of Investors (New Delhi: New Century Publications, 2004).
13. S. Vaidya Nathan, “Agenda for SEBI’s New CEO,” The Hindu Business Line, 20 February 2005. available at www.thehindubusinessline.com/iw/2005/02/20/stories/2005022000810600.htm
14. Sucheta Dalal, “Priorities for SEBI’s New Broom,” Financial Express, 7 March 2005.
15. A. C. Fernando, Corporate Governance, Principles, Policies and Practices, (New Delhi: Pearson Education, 2006).
1. HowToLaw.co.nz, “How to: The Rules Against Insider Trading,” 2003, available at www.howtolaw.co.nz/html/ml226.aspsrini
2. M. Arif Mian, “In the Matter of Show Cause Notice No. SMD/TO/04/2006 Dated April 05, 2006 Issued to Mr. Mahmood Ahmed and Siyyid Tahir Nawazish Under Section 15B of the Securities & Exchange Ordinance, 1969,” Securities and Exchange Commission of Pakistan, 2006, available at www.secp.gov.pk/orders/pdf/Orders_06/Jun_23_MrMahmoodNawazish.pdf
3. Clause 2(e), chapter I, Securities and Exchange Board of India [(Prohibition of Insider Trading)] Regulations, 1992. Page II. 359, cited in Ravi Puliani and Mahesh Puliani, eds., Bharat’s Manual of SEBI, Acts, Rules, Regulations, Guidelines, Circulars, Etc. (New Delhi: Bharat Law House, 2003)
4. The Case of Insider Trading (HLL-BBLIL Merger), available at www.icmr.icfai.org/casestudies/catalogue/Finance/Finance%20-%20Case%20of%20insider%20trading%20-%20HLL-BBLIL%20Merger.htm
5. ww.icmrindia.org/casestudiedcatalogue/Finance/FINCO14.htm
6. SEBI (Insider Trading) (Amendment) Regulations, 2002, cited in Ravi Puliani and Mahesh Puliani, eds., Bharat’s Manual of SEBI, Acts, Rules, Regulations, Guidelines, Circulars Etc. (New Delhi: Bharat Law House, 2003).
7. A. C. Fernando, Corporate Governance, Principles, Policies and Practices (New Delhi: Pearson Education, 2006).
8. Ibid.
9. Ibid.
10. Ibid.
11. UNI, “Montek-led Panel Absolves HLL on Insider Trading,” Rediff on the net,. 15 July, 1998, available at www.rediff.com/business/1998/jul/15hll.htm
12. Ibid.
13. “Appellate Authority to Challenge SEBI Arguments in HLL Insider Trading Case,” Financial Express, 25 September 1998, available at www.expressindia.com/fe/daily/19980925/26855564.html