About Me

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The Original CHAUKIDAAR ,“TAKEOVER WATCHMAN” since 2007. CA. Arun Goenka* hands-on experience in the share market* deep knowledge of laws and account*one of the early players, pioneered an investment strategy in TAKEOVERS*The WIRC - of The Institute of Chartered Accountants of India, has honoured him with the ‘Recognition of CAs in Social Service’. * often invited by National business news; electronic and print media, for his views on SEBI related matters. * history of red-flagging 100+ cases to SEBI* contributes by giving inputs in drafting amendments to the regulation* Some of the suggestions reflected in subsequent regulatory changes: (a). In takeover of Cairn 3,750 Crores non-compete fees waived off and ultimately Removal of Non-compete fee in 2011 (b) November 2009 amending Regulation 11 (1). (c)Listing agreement baring promoters from voting on related party. (d) Disclosure of past performance by merchant bankers in case of IPO (e) SAST 2011 regulation 10(1)(h), (f) Counter Offer in case of Delisting (g) Interest payment to all in case of delays in Open Offers(05.06.20).

Friday, July 8, 2022

 Introducing my BOOK  "Ins and Outs of SEBI Takeover Code, Buyback and Delisting"

About the book

The author takes you into the exhilarating world of SEBI. The regulations and the codes are drab & boring, but the games companies play, are like a roller coaster ride. The treachery, the frauds, the tricks and what have you. The cat & mouse games between the acquirers, the opportunist buyers and SEBI makes this book  an unputdownable reading material.

The book delves into the Takeover Code,  Buyback Regulations,  Delisting Regulations and discusses & dissects many past cases. All the regulations have been explained clause-by-clause and strewn with live examples of cases. The delisting chapter has listed the underbelly of delisting.

A separate division has been added on investors’ protection covering general investors’ protection and system of complaints registration- SCORES, discussing  cases of  market manipulation and insider trading, and some marquee cases e.g. Polo Hotels, Castrol, Dunlop, Tata Tea-Mount Everest Mineral Water, Nirma- Shree Rama Multi-tech, Golden Tobacco, Tata Tele, ISPAT, IDBI, DPSC etc.

SEBI does a great job of protecting the small investors from unscrupulous promoters, but sometimes misses the woods for the trees. The book mixes the theory and the real life situation and gives unparalleled insights into the practical aspects and implementation of the laws relating to the Securities market.

Amazon Link - 

https://www.amazon.in/dp/B0B5TBZJJ1/ref=sr_1_1?crid=1FBHCLGNKXFKN&keywords=ins+and+outs+of+SEBI+Takeover&qid=1657106035&s=books&sprefix=ins+and+outs+of+sebi+takeover%2Cstripbooks%2C210&sr=1-1

Publisher Link - 

https://www.commerciallawpublishers.com/details/Ins-and-out-of-the-SEBI-Takeover-Code,-Buyback-and-Delisting-Regulations-922.php 

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