Disclosure of regulatory orders and arbitration awards on Depository website
Summary
SEBI mandates all Depositories to disclose regulatory orders and arbitration awards on their websites to enhance transparency. The directive requires posting historical orders issued since April 1, 2007, within 30 days of the circular's date. Additionally, new orders must be posted immediately upon issuance, and implementation status must be reported in Monthly Development Reports.
Text
all regulatory orders i.e., orders against listed companies, depository participants, trading / clearing members and arbitration awards issued by Depositories need to be made available to investors.
Depositories shall post all their regulatory orders and arbitration awards issued since April 1, 2007, on their websites within 30 days.
all regulatory orders and arbitration awards as and when issued by Depositories from the date of this circular shall be posted on their website immediately.
disseminate the provisions of this circular on the website
communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report
This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 and Section 19 of the Depositories Act, 1996
Source: SecMarx — Disclosure of regulatory orders and arbitration awards on Depository website. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.