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Budget 2022 Should Usher in a Year of Light

The Budget must combine elements of 'new and novel with the 'tried and tested', both incremental and disruptive, to usher in the year of light ....

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One Code to Rule Them All | Asian Legal Business

India’s Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis
In India’s 2021 budget, Finance Minister Nirmala Sitharaman proposed merging the four acts that presently govern capital markets and securities, namely the Securities and Exchange Board of India Act, 1992 (SEBI Act), the Depositories Act, 1996 (Depositories Act), Securities Contracts (Regulation) Act, 1956 (SCRA) and Government Securities Act, 2007 (Government Securities Act), to form a single securities markets code.

WHY IS THERE A NEED FOR A CONSOLIDATED CODE? ....

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