SEBI’s mandatory safety net mechanism | Amarchand Mangaldas
‘The dangers of life are infinite, and among them is safety’ – Goethe. The Securities and Exchange Board of India (SEBI) issued a discussion paper on the ‘mandatory safety net mechanism’ in September 2012 (the SEBI discussion paper), inviting public comments. Briefly, this contemplates a mechanism wherein, in the event of a fall in share …