SEBI's new norms promote transparency accountability and investor confidence

SEBI's new norms promote transparency, accountability and investor confidence https://ift.tt/E3vfbGL has approved measures to strengthen the securities market and corporate governance of listed entities. These changes include allowing self-sponsored REITs and InvITs with board control or investment manager control. Unitholders with a 10% or higher holding in REITs or InvITs will have the right to nominate representatives on the boards. SEBI has also reduced the timeline for listing shares in public issues from T+6 days to T+3 days to expedite the listing process. Additionally, foreign portfolio investors will have to meet additional disclosure requirements to prevent violations of minimum public shareholding norms.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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