Start learning →

CA Final SEBI Takeover and Insider Trading Regulations — practice questions — page 3

Explore 90 free SEBI Takeover and Insider Trading Regulations questions in CA Final Law. Open each question or exercise to read its content, reference answers and available explanation.

Practise SEBI Takeover and Insider Trading Regulations with Quill →

SEBI Takeover and Insider Trading Regulations questions and exercises with answers

Showing questions 61–90 of 90.

Promoter encumbrance disclosures are due within what time of creation or release?Read the answer and worked solution →Which SEBI direction on shares bought in violation is listed in Regulation 32?Read the answer and worked solution →A connected person includes one associated with the company in the prior how long?Read the answer and worked solution →Which person is deemed a connected person unless the contrary is shown?Read the answer and worked solution →Generally available information is accessible to the public on what basis?Read the answer and worked solution →A relative counts as immediate if financially dependent or consulting the person on what?Read the answer and worked solution →Who is an insider under Regulation 2(1)(g)?Read the answer and worked solution →Which act counts as trading under Regulation 2(1)(l)?Read the answer and worked solution →Which item is listed as illustrative unpublished price sensitive information?Read the answer and worked solution →UPSI is information likely to do what once it becomes generally available?Read the answer and worked solution →Regulation 3(1) permits an insider to share UPSI only in furtherance of what?Read the answer and worked solution →Who must make a policy on legitimate purposes under Regulation 3(2A)?Read the answer and worked solution →A person receiving UPSI for a legitimate purpose becomes what under Regulation 3(2B)?Read the answer and worked solution →For a deal needing no open offer, UPSI must be public at least how long before it?Read the answer and worked solution →Regulation 3(4) requires parties receiving UPSI in deals to sign what?Read the answer and worked solution →The structured digital database must be preserved for at least how long after the transaction?Read the answer and worked solution →An insider who trades holding UPSI is presumed to have been what?Read the answer and worked solution →An approved trading plan under Regulation 5(4) is what?Read the answer and worked solution →May an insider run a second trading plan over a period already covered by one?Read the answer and worked solution →A director or promoter must disclose holdings within what time of becoming one?Read the answer and worked solution →Continual disclosure of a qualifying trade is due to the company within what?Read the answer and worked solution →The trading value that triggers Regulation 7(2) disclosure in a calendar quarter is above what?Read the answer and worked solution →A listed company may seek disclosures from other connected persons at whose option?Read the answer and worked solution →The company must maintain trading disclosures for a minimum of how long?Read the answer and worked solution →Designated persons include the CEO and employees up to how many levels below?Read the answer and worked solution →The audit committee reviews insider trading compliance at least how often?Read the answer and worked solution →Which Schedule sets out the principles of fair disclosure for the code of practices?Read the answer and worked solution →The fair disclosure principles call for designating which senior officer?Read the answer and worked solution →A pre-cleared trade must be executed within how many trading days at most?Read the answer and worked solution →Contravention of the Insider Trading Regulations is dealt with by whom?Read the answer and worked solution →

Worked practice questions

Promoter encumbrance disclosures are due within what time of creation or release?

  1. Two working days
  2. Five working days
  3. Seven working days
  4. Fifteen working days
Show answer and solution

Correct answer: C. Seven working days

Regulation 31(3) requires disclosure within seven working days from creation, invocation or release of the encumbrance.

Open this question →

Which SEBI direction on shares bought in violation is listed in Regulation 32?

  1. Free staff allotment
  2. Divestment by auction
  3. Conversion into debt
  4. Bonus share issue
Show answer and solution

Correct answer: B. Divestment by auction

Regulation 32(1)(a) lets SEBI direct divestment of shares acquired in violation through auction, the open market or an offer for sale.

Open this question →

A connected person includes one associated with the company in the prior how long?

  1. 3 months
  2. 6 months
  3. 12 months
  4. 24 months
Show answer and solution

Correct answer: B. 6 months

Regulation 2(1)(d)(i) covers a person who is or has during the six months before the concerned act been associated with the company.

Open this question →

How to practise

  1. Choose a SEBI Takeover and Insider Trading Regulations question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Law topics

Corporate Insolvency Resolution Process under the IBCWinding UpAppointment and Qualifications of DirectorsForeign Exchange Management Act 1999Meetings of Board and Its PowersMiscellaneous Provisions, Adjudication, Special Courts, NCLT, e-FilingSEBI Act and Listing RegulationsPublic Issue and Capital Raising Rules