BSS Business School

BSS Master Diploma in Securities Law

Part I: Introduction to Securities Law

  • Origin, Growth and Features of Securities Markets

  • Definition and Kinds of Securities

  • Evolution of securities law in India

  • Securities and Exchange Board of India Act, 1992, Securities Contracts (Regulation) Act, 1956, Companies Act, 1956, Depositories Act, 1996, etc.

  • Regulatory authorities - SEBI, RBI

  • Modes of raising capital

  • Share capital, Nature and Kinds of shares

  • Evolution of Stock Exchanges

  • Stock Exchanges In India – National Stock Exchange, Bombay Stock Exchange, Regional Stock Exchanges, OTCEI and Inter-Connected Stock Exchanges in India.

  • Primary and Secondary Market Intermediaries

  • Regulations Governing Intermediaries

  • Types, Schemes and Regulation of Mutual Funds

  • Legal Framework of Venture Capital

  • Foreign Venture Capital Investors

  • Comparative study of Securities Markets in India and Abroad.

Part II: Issue of Securities - Procedure and Regulations

  • Listing of Securities – Legal Provisions

  • SEBI (Disclosure and Investor Protection) Guidelines, 2000

  • Definition, Registration and Contents of Prospectus, Offer for Sale/Deemed Prospectus and Letter of Offer

  • Public Issue – Meaning and Procedure

  • Procedure for Issue of Right Shares

  • Preferential Issue and Issue of Bonus Shares

  • Firm Allotment and Reservation

  • Issue of Securities through Book Building Process

  • Online offer of Securities

  • General Principles and Statutory provisions regarding allotment of shares

  • Issue, conversion and Redemption of Debentures: Bonds

  • Pre-Issue and Post Issue obligations

  • Buyback, transfer and transmission of shares

  • Good and bad deliveries in stock exchanges

  • Issue of sweat equity shares, Employees Stock Option and Purchasing Schemes.

Part III: Trading of Securities & Regulatory Authorities

  • Trading of Securities - NSE, BSE, OTCEI, Regional Stock Exchanges and Inter – Connected Stock Exchanges

  • Internet and Online based Securities Trading

  • Securities and Exchange Board of India

  • Depositories

  • Regulations governing Depositories

  • Establishment of Securities Appellate Tribunal (SAT) – Rules and Procedure

  • Meaning of Insider Trading and Prohibition of Insider Trading

  • Company Law Provisions Governing Take-over of Companies

  • Take-over of a Sick Industrial Company under the Rehabilitation Scheme

  • SEBI Regulations for Substantial Acquisitions and Take-over Grievances of an Investor

  • Redressal Mechanism–Redressal authorities and Regulatory Measures

  • Investor Education guide

  • An International Perspective of Securities Law

  • Comparative study of Regulatory Authorities in India and abroad.

Part IV: Emerging Issues and Concepts

  • Corporate Governance

  • Credit Rating and Credit Rating Agencies viz. CRISIL, ICRA and CARE

  • Stock Invest Scheme and Securities Lending Scheme

  • Collective Investment Scheme

  • Reserve Bank of India Guidelines regarding Foreign Investment

  • Foreign Institutional Investors – Conditions and Restrictions

  • SEBI Regulations and Norms governing Custodians

  • Types of Derivatives and Derivative Participants

  • Derivatives trading in India

  • Euro issues

  • Issue of Foreign Currency Convertible Bonds

  • Global Depository Receipt (GDR) and American Depository Receipt (ADR)

  • Securities and Cyber Law

  • Taxation and Securities.