403044019.

xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17
L T P C
3 1 0 4
Total Number of Contact Hours L 45 T 15 P 0
Pre-requisites Companies Act, 2013

Alternate Exposure NONE

Foreign Trade
Co-requisites SEBI Act, 1992 FEMA, 1999 Securities (Contracts) Depositories Act, (Development and
Regulation Act, 1956 1999 Regulation) Act, 1992
1 To understand the various modes of investment like shares, bonds. Mutual funds etc.

2 To know the concept of securities market i.e. money market and capital market.

3 To apply the changes introduced by corporatisation and demutualization of stock exchanges under The
Securities (Contracts) Regulation Act, 1956.
Course
Outcomes
4 To study the mechanism available for protection of investors under SEBI Act, 1992, and The Depositories
Act, 1996.

5 To understand the role of institutions like RBI, IRDA etc. for the regulation of investment in India.

To understand the framework for regulating foreign investment in India under the Foreign Trade
6
(Development and Regulation) Act, 1992 and Foreign Exchange Management Act, 1999.

1 To serve as a foundational course on laws relating to investment and security.

2 To enable students to critically reflect upon the nature and kinds of securities.
Specific
Instructional 3 To know wide array of financial securities now available for investing.
Objectives
4 To analyze rules and regulations regarding these securities and the regulatory agencies.

5 To be able to examine and understand the way out of the anomalies in working of the financial system and
failure in regulation.

The Indian Capital market has grown exponentially in terms of resource mobilization, number of listed stocks,
market capitalization, trading volumes, and investors’ base. Along with this growth, the profiles of the investors,
Catalog issuers and intermediaries have changed significantly. The market has witnessed a fundamental institutional
Description change resulting in drastic reduction in transaction costs and significant improvement in efficiency, transparency
and safety. The measures taken by SEBI such as, market determined allocation of resources, rolling settlement,
sophisticated risk management and derivatives trading have greatly improved the framework and efficiency of
trading and settlement, making the Indian capital market qualitatively comparable to many developed markets.

Signature of BOS Chairman 1/13 Approved by ____ Academic Council

403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17
1 Saha, Sankar, Siddhartha, Capital Markets and Securities Laws, Taxmann’s, 2nd Edition, 2016.

Text Books 2 Khan, M.Y, Indian Financial System, Mc Graw Hill, 9th Edition.

3 Kedia Sangeet, Securities Laws and Compliances, Pooja Law Publishing Co.

1 Avdhani. V.A, Himalaya Publishing House, 2005, Investment and Securities Markets in India.

2 K.P.M. Sundaram, P.N.Varshney, Sultan Chand & Sons, Banking Theory, Law and Practice.

3 Ramaiya, A., Guide to the Companies Act, (1998) Wadhwa and Co., New Delhi.

4 Farrar, John, H. and Hanniyan, Brenda, Farrr's Company Law, (1998) Butterworths, London.

5 Gupta, S.N., The Banking Law in Theory and Practice, (1999) Universal, New Delhi.

6 Tannan, M.L., Tannan's, Banking Law and Practice in India, (2000) India Law House, New Delhi.

7 Bhandari, M.C., Guide to Company Law Procedures, (1996) Wadhwa and Co., New Delhi.
Reference
8 Purithavathy Pandian, Security Analysis and Portfolio Management, Vikas Publishing House, Delhi.

9 Dr. S. Gurusamy, Financial Markets and Institutions, Tata McGraw Hill, 2009.

10 Mithani. D.M, Money banking, International trade and Public Finance, Himalaya Publishing House.

11 Gordon, E. & Natarajan, K. : Capital Market in India; Himalaya Publishing House.

12 Bhargava Mamta: Compliances & Procedures under SEBI Law; Shreeji Publishers.

13 N. Gopalsamy, Capital Market- The Indian Financial Scene.

14 Bharat’s Guide to Indian Capital Market

1 www.sebi.gov.in

2 http://www.rbi.org.in

Online resources 3 http://www.mca.gov.in/

4 http://epgp.inflibnet.ac.in/ahl.php?csrno=20

5 http://finmin.nic.in/

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403044019.xlsx Date of Printing 11/27/2018

A. Historical evolution of securities laws. Investment and Securities Law

(a) International perspective
Version (b) Indian 1.1 Perspectives:
School i. SOL Pre-independence Date of Approval
period. 1-Jul-17
ii. Post-independence period iii. History of capital markets
1 India
in Sahara India Real Estate Corporation Limited and Ors (Appellants) v. Securities and Exchange Board of India
B. Need for securities legislation and investor protection.
2
C.
A. Statutory Aditya Birla
Securities provisions
andFinance
Exchange regarding
Ltd.Board
v. SEBI
securities.
of and
IndiaMentor Capital, 2.11.2011
Act, 1992:
Case Laws (a)
• Classification
Object and of Securities:
Definitions under Ownership
SEBI Act, instruments,
1992 Shares, Stocks.
(b)
3
• Functions Debt
RakeshInstruments:
Agarwal
and Powers v.Debentures
SEBI
of the Board and Bonds.
D.
• Registration Offered
Satyamdocuments
Caseof Stock-brokers, sub-brokers, share transfer agents
•Prospectus: Offences and Norms of disclosure
Penalties under the under:
Act (a) The Companies Act, 2013 (b) The Securities Contract Regulation Act,
4
1956
• Recent Rajat Gupta
(c) The Case Exchange
Securities
Amendments to SEBI ActBoard of India Act, 1992
•E.
Introduction Concept
Recent oftoSecurities
Judgments Shares, Market:
likeSecurities
Sahara and Debentures Number of Lecture Hours 9
•Initial Public
Insider OfferSEBI
Trading: (IPO)(Prohibition
and FurtherofPublic InsiderOffer (FPO)
Trading (To be discussed
Regulations, 2015) with the help of IPO’s announced by
Companies
Case Laws: in Financial Newspapers),
A.
Primary Government
Market: Securities:
(a)Estate
Scheme of PrimaryLimited
Market.and Advantages and Dis-advantages to companies and investors. (b)

•Players Sahara India
Bondsinissued Real
by Market.
government Corporation
and semi government Ors
Unit 1 (Appellants) Primary
v. Securities andUnderwriters,
Exchange Brokers
Board of to aninstitutions,
India issue,
and Managers
Union tothrough
of India, the issue, BankersoftoCorporate
Ministry the issueAffairs
and
•Registrar Role of Central
to the Bank Application
issue, (the RBI in India),
Supported by Blocked Amount (ASBA)
(Respondents)
•Secondary Government loan:Players
the constitutional dilemma and limitations
 Aditya Market:
Birla Finance Ltd. v.inSEBI
the and
Secondary
MentorMarket,
Capital,Brokers, Over the Country Exchange of India (OCTEL)
2.11.2011
B.
F. Securities
Stock Exchangeissued andby banks:
Listing of Shares: (a) Trading (b) Spot delivery contract (c) Badla Contract (d) Future

•contracts Rakesh Agarwal
Currency(e)notes: v. SEBI
Is it(f)
the exclusive privilege
 Satyam CaseOptions Derivatives (g) Listingofofthe central bank to issue?
Shares.
• Bank draft, travellers’ cheques, cheque, credit cards, debit cards

Self Rajat Guptaissued
Reading Case by corporations:
Lecture
Pedagogy tools C. B.
Securities
The Depositories Act, 1996:
• Shares, Debentures, Company deposits,
•• MeaningControl over andcorporate
Overviewsecurities,
of Depository Central government: Company Law Board, SEBI: guidelines on capital issues,
•Kinds
A.
RBI The of Securities
Foreign
Objectives and Trade (Development
Advantages and Regulation) Act, 1992
of Depositories Number of Lecture Hours 8
•• Object
Powers, and Definitions
Duties and under
Rights of the Act
Depositories and Beneficial Owner
Protection of investor, Administrative regulation, Disclosure regulation, Protection by criminal sanction
Unit 2 •D.Powers
Securitiesof Central
Board
in mutual Government
and Central
fund and Government
collective investment scheme:
•• Foreign
Offences Trade
and Policy,
Penalties Importer-Exporter
Unit Trust of India, Venture capital, Mutual Code Number and Licence
fund,
•• Search,
Appeals Seizure, Penalty and Confiscation
Control over issue and management of UTI, venture capital and mutual funds.
•C.Offences and Penalties
The Securities (Contracts) Regulation Act, 1956
Seminar
• Appeal
Role andand Review
Importance of Lecture
Stock Exchange in the Economy (To be discussed through stocks listed on BSE & NSE
Pedagogy tools
B. Foreign
Website) Exchange Management Act, 1999
•Securities
Object and
Corporatisation Definitions
and
and Related Laws Demutualisation of Stock Exchange Number of Lecture Hours 14
• Regulation
Definitions:and Management
Securities, Optionof inForeign Exchange
Securities, Spot Delivery Contract, Stock Exchanges
• Current
Listing ofAccount
Securities,Transactions
Procedureand for Capital Account
Listing of Transactions
Securities
Unit 3 • Powers
Appeal to and Duties ofAppellate
Securities Authorised PersonAppeal to Supreme Court
Tribunal,
• Powers
Power ofofAppellate
Directorate of Enforcement
Tribunal
• Contravention
Powers of Central andGovernment,
Penalties SEBI
• Difference
Offences between FERA and FEMA
C. Foreign Collaborations and
Video LectureJoint Ventures
Pedagogy tools • Objectives and Kinds of Joint Ventures
• Joint ventures in India and Foreign Collaborations: Concept of Transnational Corporations and Multinational
Corporations – UNCTADfor
Regulatory Framework model
Foreign Trade and Multinational CompanNumber of Lecture Hours 14
Unit 4 • Foreign Direct Investment, Foreign Institutional Investors: Its Regulatory Mechanism in India, Current FDI
Policy, Automatic and Approval Route of FDI
• Concept of Special Economic Zone(SEZ)
Self Reading Lecture
Pedagogy tools

Components Term End Examination Internal Examination

Presentation
Project

CAT 1
CAT 2

Marks 60 10 10 10 10
Total Marks 60 40
The marking criteria is as follows:
1. PPT: 5 marks
2. Written Submission: 5 marks
tion issues.
the on
will possess

communica
professiona
demonstrat

demonstrat

professiona

negotiation
eunderstand

substantive

counselling
proficiency
proficiency

proficiency
knowledge

ing of legal

procedural
reasoning.

femiliarity
in written
critical
and legal
Students
Students
Students

Students
Students
Students
Students
research

opinions

skills of

needed.
and oral
gain

ltowards
develop

develop

develop
analysis

of
to

clients.
theory,
legal

l ethics
laws.

rules
skills

legal
with
give
and

and
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in
in

Signature of BOS Chairman 3/13 Approved by ____ Academic Council

403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17

0 1 2 3 4 5 6 7
Investment and Securities Law

To understand the various modes of investment like 1 2

shares, bonds. Mutual funds etc.
1

Signature of BOS Chairman 4/13 Approved by ____ Academic Council

 403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17
To know the concept of securities market i.e. money 1
2 To applyand
market thecapital
changes introduced by corporatisation and
market.
3 demutualization of stock exchanges under The 1 2
Securitiesfor
chanism4 available (Contracts)
protection Regulation Act,under
of investors 1956.SEBI Act, 1992, Depositories Act, 1996. 1 2 3
To understand
understand the the role of institutions like RBI, IRDA etc.
5 To
for the regulation
framework for regulating foreign 1 2
investment in Indiaofunder
investment in India.
the Foreign Trade 1
6 (Development and Regulation) Act, 1992 and Foreign
Exchange Management Act, 1999. Instructional Plan 1/5
Topics to be discussed
A. Historical evolution of securities Pedagogy Approach Readings Activities CO
laws. Lecture PPT & Self Reading Discussions 1
ndependence period.(a) International perspective period iii. History
ii. Post-independence of capital markets in India
Lecture PPT & Self Reading Discussions 1
B. Need for securities legislation
securities.and investor protection. Lecture PPT & Self Reading Discussions 1
(a) Classification of Securities: Lecture PPT & Self Reading Discussions 1
(b) Ownership
Debt instruments,
Instruments: Shares,and
Debentures
(a) The Companies Act, 2013 (b) The
Stocks.
Bonds. Lecture PPT & Self Reading Discussions 1
Securities Contract Regulation Act, Lecture PPT & Self Reading Discussions 1
Public
1956 OfferSecurities
(c) The (FPO) (ToExchange
be discussed
Board Lecture PPT & Self Reading Discussions 2
Unit 1

with the help of IPO’s announced by

s in Primary Market. Underwriters, Brokers to an issue, Managers Lecture to the issue, Bankers
PPT &toSelf
the Reading
issue and Registrar to the issue, Application
Discussions 2 Su
rs in the Secondary Market, Brokers, Over the Country Exchange Lectureof India (OCTEL) PPT & Self Reading Discussions 2
) Spot delivery contract (c) Badla Contract (d) Future contracts (e) Options (f) Derivatives
Lecture (g) Listing
PPT & Self Reading of Shares. Discussions 2

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Unit 1
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Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17

Instructional Plan 2/5

Topics to be discussed Pedagogy Approach Readings Activities CO
• Role of Central Bank (the RBI in
PPT PPT & Self Reading Discussions 1
privilege of the India),
central bank to issue?
Central
• Bankgovernment: Company
draft, travellers’ Law
cheques, PPT PPT & Self Reading Discussions 1
Board, SEBI: guidelines on capital Video Lecture PPT & Self Reading Discussions 2
Mutual
issues,fund,
RBI
• Control over issue and management Video Lecture PPT & Self Reading Discussions 2
Unit 2

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Unit 2
403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17

Instructional Plan 3/5

Topics to
• Registration ofbe discussed sub-
Stock-brokers, Pedagogy Approach Readings Activities CO
•brokers,
Powers,share
Dutiestransfer agents
and Rights of Lecture PPT & Self Reading Discussions 4
• Offences and and
Depositories Penalties underOwner
Beneficial the Act Lecture PPT & Self Reading Discussions 4
• Definitions: Securities, Option in
• PowersSpot
Securities, of Board and Contract,
Delivery Central Lecture PPT & Self Reading Discussions 3
Stock Exchanges
Unit 3

Signature of BOS Chairman 7/13 Approved by ____ Academic Council

Unit 3
403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17

Instructional Plan 4/5

Topics
• Foreign to bePolicy,
Trade discussed
Importer- Pedagogy Approach Readings Activities CO
Exporter Code Number and Licence Lecture PPT & Self Reading Discussions 5
•Capital
Search,Account
Seizure,Transactions
Penalty and Lecture PPT & Self Reading Discussions 5
• Powers and Duties of Authorised
Multinational Corporations – UNCTAD
model Lecture PPT & Self Reading Discussions 5
Unit 4

Signature of BOS Chairman 8/13 Approved by ____ Academic Council

Unit 4
403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17

Name. ……………………………….
Printed Pages:01
Student ID: ……………………….…

School of XXXXX
End Term Examination (ETE), May-2018, Semester: Winter, 2017-18
[Programme:] [Semester: [Batch:]
Course Title: Investment and Securities Law Max Marks: 100

Course Code: 0 Time: 3 Hrs.

1 All questions are compulsory.

Instructions:
2 Assume missing data suitably, if any.
3

1 Explain the concept and kinds of securities. CO2 10

2 Discuss the SEBI guidelines on depositories. CO4 10

3 What are the modes of Issuance of securities? Explain with illustrations. CO3 10

4 Write a short note on Government Securities. CO1 10

5 What do you mean by Depositories. Explain the concept of ADR and IDR in details with illustrations. CO4 10

6 Explain the basic features of the Securities and Exchange Board of India Act, 1992 CO4 15

7 What are the facilitation given by to thye investors under SCRA Act 1986? Describe. CO3 15

8 Explain the various roots of International investment in light of Foreign Exchange management in India. CO6 20

Table1: Distribution of questions & marks among the Modules of syllabus

Questions
Module COs Knowledge level POs Numbers Total Marks
1 1 2 K2 3 5 1 10

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403044019.xlsx Date of Printing 11/27/2018

Investment and Securities Law

Version 1.1 School SOL Date of Approval 1-Jul-17
2 2 K3 1 3 4 20
3 3 4 K4 2 4 2 5 6 35
4 5 K4 2 2 7 8 35
Name. ……………………………….
Printed Pages:01
Student ID: ……………………….…
School of XXXXX
Continuous Assessment Examination (ETE), May-2018, Semester: Winter, 2017-18
[Programme:] [Semester: [Batch:]
Course Title: Investment and Securities Law Max Marks: 50
Course Code: 0 Time: 90 min
1 All questions are compulsory.
Instructions: 2 Assume missing data suitably, if any.
3

1 Define a recognized Stock Exchange. CO3 10

2 What is an initial public offer ? Explain. CO2 10

3 What are the different modes of issuance of securities by a company? Explain. CO1 10
4 What are the modes of international investment ? Explain Foreign Direct Investment. CO6 10

5 Explain the role of SEBI in strengthening regulatory framework and fostering investor confidence. CO4 10

Instructions:
1 Only 5 questions are to be asked in CAT.
2 Question 1 can be divided into subparts, but all subparts should map same CO.
3 An
alternative question will be asked in question number 4 with OR option with the same serial number and alternative
question must map with same CO
4 The two tables given below must be filled by the paper setter.
Table 1
Unit Questions Numbers Total Marks
1 1,2,3 30
2 4 10
3 5 10
4
5
Table 2
Knowledge level Questions Numbers COs Total Marks
K2 3 CO1 10
K3 2 CO2 10
K2 1 CO3 10

K4 5 CO4 10
CO5 0
K3 4 CO6 10

1 Type the questions into this template and RENAME THE FILE with the subject code and date in the format ECE101_YYMMDD
2 Unit/chapter number can be considered for the syllabus if the same are not in modular form.
3 Font to be used for CAT is “Times New Roman” and the text size is 11.

Signature of BOS Chairman 10/13 Approved by ____ Academic Council

SchoolRange GUPOL SBAS SCE SCSE SEECE SFC SHSS SLLL
Practical 0 2 4 6 8 10
Pedagogy Lecture Practical Blended LeCase StudyCaselet Flipped ClaIndustrial VNPTEL
OBE Strength 1 2 3
CO 1 2 3 4 5
BT K1 K2 K3 K4 K5 K6
PO 1 2 3 4 5 6 7 8
Questions 1 2 3 4 5 6 7 8
SMAS SMJS SOA SOB SOE SOH SOL SOME SON SCHE

Scaleup Self Readi Video Seminar Report

9 10 11 12
9 10 11 12 13 14 15 16 17 18
19 20