8/8/2019 SEBI MII Paper Presentation Rules

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Corporate Laws Cell

Paper Presentation Competition

SEBI and Corporate Laws form an essential tool to the understanding of the capital markets. The

key to understanding these laws is rigorous reading of law, basic economics, working of themarkets, corporate and economic news, etc. It is often a misconception in the students that theseareas of law arent meant for all as these are too complicated to be understood. This misconception

is due to inadequate study of the basics of Company law, relevant SEBI Guidelines and Regulations,

the current developments in the markets and the working of the markets through various fora suchas their websites, corporate and financial news, etc.

Our market regulator SEBI often comes appoints various committees to study the markets and

propose reforms to their working and accordingly the recommendations of these committees areincorporated into the SEBI Guidelines and Regulations. The most interesting part of this entire

exercise is that most of these reports and discussion are put up by SEBI on its website for public

comments. This participative approach followed by the regulator helps the investors and the publicto contribute to the regulation making process by the regulator.

SEBI, in January 2010 had appointed a committee chaired by Mr. Bimal Jalan (ex-governor, RBI) tostudy the ownership and governance structure of the Market Inastructre Institutions (MIIs- MIIs like

Stock exchanges, depositaries, clearing houses). This makes some particularly strong

recommendations inter alia including not allowing such entities to get listed and acces the bourses.The logic used by the committee is that such an access to the bourses by these MIIs gives rise to a

potential conflict of interest. This report has generated mixed response from varied segments of the

market and the academicia. The report is now available for public comments.

The College intends to study the report extensively and analyze the feasibility of the working of the

recommendations. These recommendations will be sent to SEBI in the form of a study

acknowledging the names of the students working for it. This exercise is intended to be conductedin as a one day event which will include a seminar, discussion session and a competition:

I. Presentations on the various SEBI Regulations and other laws applicable to variousMIIs- including study of the existing ownership and structure of the MIIs.

II. Presentations on the various recommendations made by the Bimal Jalan Committee.

III. Presentations on the feasibility of the implementation of the recommendations of the

Bimal Jalan Committee.IV. Panel discussion on the Report and the student presentations.

This activity shall be open to all the students and it is strongly recommended for the studentswho wish to develop their interest in corporate laws and improve their understanding thereof

participate.

Papers with recommendations must be submitted to the undersigned on or before

December 25th 2010.

Corporate Laws Cell 2010 - 2011

8/8/2019 SEBI MII Paper Presentation Rules

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Rules:

This activity will involve a lot of reading and other work to understand the various aspects ofcorporate laws. The students are advised to be prepared for intense reading and hard work if

they wish to participate in this activity.

The intended structure for this activity is as under:-

i. Presentations on the structure of the Capital Markets- various market participants, their

roles (Preferably by students of first and second years)ii. Presentations on the MIIs (Preferably by students of first and second years)

iii. Presentations on the various applicable SEBI Regulations to the MIIs(Preferably by

students of third/fourth year)iv. Presentations on the recommendations of the Bimal Jalan Committee(Preferably by

students of third/fourth year)

v. Presentations and Discussions on the feasibility of the implementation of the

recommendations of the Bimal Jalan Committee (Preferably by students of fourth/finalyear).

This entire event will be held as a competition. The students are to form a group of four andprepare their presentations after an exhaustive study. Depending on the number of participants

and the quality of their work, the student groups will be selected to present their work in the

final event. Also, various discussion panels will be formed consisting of the students workingfor the event, the faculty and corporate lawyers.

This event will be held in the 4th week of January. However the papers must be submitted on orbefore the 25th of December.

Interested students are to contact the undersigned for details and registrations.

Mrs. Smita Sabne

Corporate Laws Cell 2010 - 2011