SJR company is a listed company, wants to follow the minimum standard of code of conduct, as prescribed under SEBI (Prohibition of Insider Trading) Regulations, 2015. You being the company secretary, state the correctnes
CS Executive · Securities Laws and Capital Markets · PYQS · December 2024
SJR company is a listed company, wants to follow the minimum standard of code of conduct, as prescribed under SEBI (Prohibition of Insider Trading) Regulations, 2015. You being the company secretary, state the correctness of the below facts, with respect to the regulation. The norms and procedures followed by S, a director of the Company, was self-made.
Answer & Explanation:
Incorrect. The code of conduct shall contain norms for appropriate 'Chinese Walls' procedures, and processes for permitting any designated person to 'cross the wall'.
Topics: Insider Trading
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