{"product_id":"sebi-manual-set-of-3-volumes-books-by-taxmann","title":"SEBI Manual (Set of 3 Volumes) - Books By Taxmann","description":"\u003cp\u003e\u003cstrong\u003eSEBI Manual (Set of 3 Volumes) - Books By Taxmann\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eEdition :  \u003c\/strong\u003e47th (July 2026)\u003c\/p\u003e\n\u003cp\u003eSEBI Manual is India's most comprehensive compendium of securities law—a three-volume, 5,100+ page reference presenting the complete, amended and annotated text of the Acts, Rules, Regulations, Circulars and Master Circulars that govern the Indian securities market.\u003c\/p\u003e\n\u003cp\u003eIt is organised into five master Divisions spread across three volumes—the SEBI (ICDR) Regulations 2018, the SEBI Act 1992, the Securities Contracts (Regulation) Act 1956 with its Rules\/Regulations, a massive Division of SEBI Rules, Regulations \u0026amp; Guidelines comprising 61 topic-wise segments arranged in a broadly A-to-Z sequence (from Accredited Investors to Vault Manager, rounded off by Other Rules \u0026amp; Regulations and the ASBA process), and the SEBI (LODR) Regulations 2015 with SEBI's clarifications.\u003c\/p\u003e\n\u003cp\u003eWhat sets this Manual apart is its treatment of the law's moving parts. Statutory and regulatory texts carry detailed amendment footnotes—recording what was substituted, inserted or omitted, by which amending regulation, with effect from which date, and reproducing the pre-amendment text. Circulars are presented in their duly amended form, and every circular that amends or clarifies a primary circular is placed alongside it—so the reader always sees the complete, current picture rather than a fragmented paper trail. This Edition incorporates all 9 Master Circulars issued in 2026, including those for Mutual Funds, AIFs, Investment Advisers, Research Analysts, RTAs, ICDR, LODR, Social Stock Exchange and Surveillance of the Securities Market.\u003c\/p\u003e\n\u003cp\u003eThis book is an essential day-to-day reference for everyone who works with or within the Indian securities market:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eLegal Practitioners \u0026amp; Law Firms\u003c\/strong\u003e—securities lawyers, litigators before SAT and courts, and in-house counsel\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCompany Secretaries \u0026amp; Chartered Accountants\u003c\/strong\u003e—in practice and in employment, handling listing, disclosure and compliance mandates\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCompliance Officers \u0026amp; Listed Companies\u003c\/strong\u003e—for LODR, ICDR, insider trading, takeover, buy-back and delisting compliances\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMarket Intermediaries\u003c\/strong\u003e—merchant bankers, stock brokers, registrars \u0026amp; share transfer agents, debenture trustees, custodians, bankers to an issue, underwriters, investment advisers, research analysts and portfolio managers\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFund Managers \u0026amp; Institutions\u003c\/strong\u003e—mutual funds, AIFs, REITs, InvITs, FPIs\/FVCIs and their advisers\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eStock Exchanges, Depositories, Clearing Corporations \u0026amp; other Market Infrastructure Institutions\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eRegulators, Adjudicating Officers \u0026amp; the Securities Appellate Tribunal Ecosystem\u003c\/strong\u003e\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAcademicians \u0026amp; Students\u003c\/strong\u003e of securities and corporate law\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Present Publication is the 47\u003csup\u003eth\u003c\/sup\u003e\u003cspan class=\"apple-converted-space\"\u003e \u003c\/span\u003eEdition | July 2026 and amended up to 15\u003csup\u003eth\u003c\/sup\u003e June 2026. This book is edited by Taxmann's Editorial Board, with the following noteworthy features:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e[\u003cstrong\u003eAnnotated Statutory Texts\u003c\/strong\u003e] The SEBI Act 1992, the Securities Contracts (Regulation) Act 1956, the ICDR Regulations 2018 and the LODR Regulations 2015 are presented as amended up to date, with footnote-level annotation of every amendment—the amending regulation, its effective date, and the text as it stood before amendment\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eDuly Amended Circulars\u003c\/strong\u003e] Every circular is reproduced as it currently stands, with amendments incorporated, eliminating the need to reconcile multiple notifications\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eComplete-Picture Presentation\u003c\/strong\u003e] Circulars that amend, clarify or extend a primary circular are grouped together with it, giving the reader the full regulatory position at one place\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e35 Master Circulars, including all 9 of 2026\u003c\/strong\u003e] The set carries SEBI's Master Circulars issued between 2010 and 2026 across subjects—Stock Brokers, Stock Exchanges \u0026amp; Clearing Corporations, Depositories, Custodians, FPIs, FVCIs, KYC norms, AML\/CFT, Credit Rating Agencies, ESG Rating Providers, Debenture Trustees, Takeovers, REITs, InvITs, Portfolio Managers, Online Dispute Resolution, Electronic Gold Receipts and more—together with the nine issued in 2026:\n\u003cul\u003e\n\u003cli\u003eFramework on Social Stock Exchange (SSE) — 19-1-2026\u003c\/li\u003e\n\u003cli\u003eCompliance with LODR Regulations 2015 by listed entities — 30-1-2026\u003c\/li\u003e\n\u003cli\u003eInvestment Advisers — 6-2-2026\u003c\/li\u003e\n\u003cli\u003eRegistrars to an Issue and Share Transfer Agents — 6-2-2026\u003c\/li\u003e\n\u003cli\u003eResearch Analysts — 6-2-2026\u003c\/li\u003e\n\u003cli\u003eSEBI (ICDR) Regulations 2018 — 9-2-2026\u003c\/li\u003e\n\u003cli\u003eMutual Funds — 20-3-2026\u003c\/li\u003e\n\u003cli\u003eSurveillance of Securities Market — 15-5-2026\u003c\/li\u003e\n\u003cli\u003eAlternative Investment Funds (AIFs) — 3-6-2026\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003e60+ Topic-wise Segments\u003c\/strong\u003e] Division Four consolidates SEBI's entire subordinate legislation into 61 topic heads in a broadly A-to-Z run, each gathering the Regulations, circulars and master circulars on that subject at one place\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eLODR with SEBI's Clarifications\u003c\/strong\u003e] A dedicated Division carries the updated and annotated LODR Regulations 2015 along with SEBI's clarifications, the 2026 LODR Master Circular, the Master Circular for Non-Convertible Securities\/Securitized Debt Instruments\/Commercial Paper, the Master Circular on Schemes of Arrangement, industry standards on Related Party Transactions, the unclaimed-amounts framework and the Listing Agreement for Indian Depository Receipts\u003c\/li\u003e\n\u003cli\u003e[\u003cstrong\u003eSet-wide Navigation in Every Volume\u003c\/strong\u003e] Each volume opens with the complete set's contents and consolidated finding lists—List of Rules\/Regulations, List of Circulars \u0026amp; Notifications, List of Master Circulars and List of Operational Circular—with cross-volume page markers, so any document can be located from any volume; a consolidated Subject Index (at the end of Volume 1) covers the entire set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe coverage of the book is as follows:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eVolume 1 — Foundational Laws \u0026amp; Topics | Accredited Investors to Depository Receipts\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003eDivision One — Annotated text of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018, with its 2026 Master Circular and connected circulars (lock-in of pledged shares, NISM certification for Social Impact Assessors, validity of SEBI observations)\u003c\/li\u003e\n\u003cli\u003eDivision Two — Annotated text of the SEBI Act 1992, with notifications issued thereunder\u003c\/li\u003e\n\u003cli\u003eDivision Three — Securities Contracts (Regulation) Act 1956 with the SCR Rules 1957, the SCR (Stock Exchanges and Clearing Corporations) Regulations 2018 and their Master Circular, MII governance circulars (KMP appointments, audit committees, committee evaluation), the SCR (Appeal to Securities Appellate Tribunal) Rules 2000 and clarifications\u003c\/li\u003e\n\u003cli\u003eDivision Four (Segments 4.1–4.14) — Annotated \u0026amp; updated Regulations\/Circulars\/Master Circulars on:\n\u003cul\u003e\n\u003cli\u003eAccredited Investors\u003c\/li\u003e\n\u003cli\u003eAlternative Investment Funds\u003c\/li\u003e\n\u003cli\u003eBankers to an Issue\u003c\/li\u003e\n\u003cli\u003eBilateral Netting of Qualified Financial Contracts Act 2020\u003c\/li\u003e\n\u003cli\u003eBuy-back of Securities\u003c\/li\u003e\n\u003cli\u003eCertification of Associated Persons in Securities Markets\u003c\/li\u003e\n\u003cli\u003eCollective Investment Scheme\u003c\/li\u003e\n\u003cli\u003eCommodity Derivatives\u003c\/li\u003e\n\u003cli\u003eCredit Rating Agency\/ESG Rating Providers\u003c\/li\u003e\n\u003cli\u003eCustodian\u003c\/li\u003e\n\u003cli\u003eDebenture Trustees\u003c\/li\u003e\n\u003cli\u003eDelisting of Securities\u003c\/li\u003e\n\u003cli\u003eDepositories\u003c\/li\u003e\n\u003cli\u003eDepository Receipts Scheme 2014 (with the FCCB and Foreign Currency Exchangeable Bonds Schemes)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003eSubject Index covering the complete set\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eVolume 2 — Topics | Derivatives to Portfolio Manager\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003eDivision Four (Segments 4.15–4.41) — Annotated \u0026amp; updated Regulations\/Circulars\/Master Circulars on:\n\u003cul\u003e\n\u003cli\u003eDerivatives (including the Master Circular on Exchange Traded Derivatives)\u003c\/li\u003e\n\u003cli\u003eDevelopment Financial Institutions\u003c\/li\u003e\n\u003cli\u003eDisclosure Standards for Corporates\u003c\/li\u003e\n\u003cli\u003eEmployee Benefits—Share Based and Sweat Equity\u003c\/li\u003e\n\u003cli\u003eEuro Issue and Other Guidelines\u003c\/li\u003e\n\u003cli\u003eForeign Portfolio Investors\/Foreign Venture Capital Investors\u003c\/li\u003e\n\u003cli\u003eIndex Providers\u003c\/li\u003e\n\u003cli\u003eInformal Guidance\u003c\/li\u003e\n\u003cli\u003eInfrastructure Investment Trusts (InvITs)\u003c\/li\u003e\n\u003cli\u003eProhibition of Insider Trading (PIT Regulations 2015, with the 2026 Master Circular on Surveillance of Securities Market)\u003c\/li\u003e\n\u003cli\u003eIntermediaries\u003c\/li\u003e\n\u003cli\u003eInternational Financial Services Centres\u003c\/li\u003e\n\u003cli\u003eInvestment Advisers\u003c\/li\u003e\n\u003cli\u003eInvestor Protection\u003c\/li\u003e\n\u003cli\u003eInterest Liability Regularisation\u003c\/li\u003e\n\u003cli\u003eKnow Your Client (KYC) Registration Agency \u0026amp; Know Your Client\u003c\/li\u003e\n\u003cli\u003eLead Managers\u003c\/li\u003e\n\u003cli\u003eMarket Makers\u003c\/li\u003e\n\u003cli\u003eMerchant Bankers\u003c\/li\u003e\n\u003cli\u003eMoney Laundering (AML\/CFT)\u003c\/li\u003e\n\u003cli\u003eIssue and Listing of Municipal Debt Securities\u003c\/li\u003e\n\u003cli\u003eMutual Funds\u003c\/li\u003e\n\u003cli\u003eIssue and Listing of Non-Convertible Redeemable Preference Shares\u003c\/li\u003e\n\u003cli\u003eOffer Documents\u003c\/li\u003e\n\u003cli\u003eOnline Resolution of Disputes in Indian Securities Market\u003c\/li\u003e\n\u003cli\u003eOmbudsman\u003c\/li\u003e\n\u003cli\u003ePortfolio Manager\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eVolume 3 — Topics | REITs to ASBA \u0026amp; LODR\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli\u003eDivision Four (Segments 4.42–4.61) — Annotated \u0026amp; updated Regulations\/Circulars\/Master Circulars on:\n\u003cul\u003e\n\u003cli\u003eReal Estate Investment Trusts (REIT Regulations 2014 with the REIT Master Circular)\u003c\/li\u003e\n\u003cli\u003eRefund to Investors\u003c\/li\u003e\n\u003cli\u003eRegistrar to an Issue\/Share Transfer Agents\u003c\/li\u003e\n\u003cli\u003eResearch Analysts\/Proxy Advisors\u003c\/li\u003e\n\u003cli\u003eSEBI Nominee Directors\u003c\/li\u003e\n\u003cli\u003eSecurities Appellate Tribunal (including the Tribunals Reforms Act 2021 and SAT service rules)\u003c\/li\u003e\n\u003cli\u003eSecurities Lending \u0026amp; Borrowing\u003c\/li\u003e\n\u003cli\u003eSecurities Transaction Tax\u003c\/li\u003e\n\u003cli\u003eIssue and Listing of Securitised Debt Instruments\/Security Receipt\u003c\/li\u003e\n\u003cli\u003eSelf Regulatory Organisation\u003c\/li\u003e\n\u003cli\u003eSettlement of Administrative and Civil Proceedings\u003c\/li\u003e\n\u003cli\u003eSocial Stock Exchange\u003c\/li\u003e\n\u003cli\u003eStock Broker and Stock Exchanges\u003c\/li\u003e\n\u003cli\u003eTakeover Regulations (SEBI (SAST) Regulations 2011 with the Takeover Master Circular)\u003c\/li\u003e\n\u003cli\u003eUnderwriters\u003c\/li\u003e\n\u003cli\u003eUnfair Trade Practices\u003c\/li\u003e\n\u003cli\u003eVanishing Companies\u003c\/li\u003e\n\u003cli\u003eVault Manager (Vault Managers Regulations 2021 with the Master Circular for Electronic Gold Receipts)\u003c\/li\u003e\n\u003cli\u003eOther Rules \u0026amp; Regulations (including the Settlement Scheme 2020)\u003c\/li\u003e\n\u003cli\u003eApplications Supported by Blocked Amount Process (ASBA)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003eDivision Five — Updated \u0026amp; annotated text of the SEBI (Listing Obligations \u0026amp; Disclosure Requirements) Regulations 2015, with SEBI's clarifications, the 2026 LODR Master Circular, the Master Circular for Non-Convertible Securities\/Securitized Debt Instruments\/Commercial Paper, the Master Circular on Schemes of Arrangement, RPT industry standards, the unclaimed-amounts framework and the Listing Agreement for Indian Depository Receipts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003eAcross all three volumes, circulars are duly amended, amending\/clarifying circulars are grouped with the primary circular, and the 9 new Master Circulars issued in 2026 are incorporated.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eThe Manual follows a five-Division scheme spread over three volumes, designed for fast, reliable reference:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eFoundational Laws\u003c\/strong\u003e — Divisions One to Three (Volume 1) carry the three primary pillars: the ICDR Regulations 2018, the SEBI Act 1992 and the SCRA 1956 with its Rules\/Regulations\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOne Continuous Run of 61 Topics\u003c\/strong\u003e — Division Four flows across all three volumes with continuous page numbering, in a broadly alphabetical sequence:\n\u003cul\u003e\n\u003cli\u003eVolume 1 (Accredited Investors → Depository Receipts Scheme)\u003c\/li\u003e\n\u003cli\u003eVolume 2 (Derivatives → Portfolio Manager)\u003c\/li\u003e\n\u003cli\u003eVolume 3 (REITs → ASBA)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEverything on a Topic at one Place\u003c\/strong\u003e — Within each topic segment, the parent Regulations appear first (annotated and updated), followed by the Master Circular and all connected circulars, guidelines and notifications on that subject\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLODR as a Stand-alone Division\u003c\/strong\u003e — Division Five (Volume 3) is devoted to the listing regime, combining the LODR Regulations with SEBI's clarifications and related Master Circulars, and closing with the IDR Listing Agreement\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eUnified, Set-wide Navigation\u003c\/strong\u003e — Every volume reproduces the complete set's contents and finding lists (Rules\/Regulations, Circulars \u0026amp; Notifications, Master Circulars, Operational Circular) with cross-volume page markers, and a consolidated Subject Index (at the end of Volume 1) covers the entire set\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":41493097480273,"sku":"9789371268363","price":5756.8,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1_1c1f267c-f604-4aa0-a517-de937425eca4.jpg?v=1784112099","url":"https:\/\/buytestseries.in\/products\/sebi-manual-set-of-3-volumes-books-by-taxmann","provider":"BuyTestSeries.in","version":"1.0","type":"link"}