Rulings
SEBI: Shareholders’ sanction not required for re-classification from ‘Promoter’ to ‘Public’ for miniscule shares
SEBI: Disposes Adjudication proceedings for insignificant self-trade volumes & no mala-fide intention
SEBI: Timeliness an essence in PIT Regulations disclosures, Director penalised for delayed intimations
SEBI: Penalises Promoter for non-disclosure of shareholding as per SAST Regulation 8(2)
SEBI: Penalises Noticee monetarily u/s.15A(b) for belated disclosures violating SAST Regulation 8(3)
SEBI: Court approval mandatory for 'Open Offer' exemption, foreign law merger exemptions immaterial
SEBI: Directs Forensic Audit, cites accommodation entries & Auditor’s comment on Internal Financial Control
SEBI: Directs Forensic Audit, observes suspicious transactions & inadequate documentary proofs
SEBI: Directs Forensic Audit, observes inconsistent cash flow pattern with normal lending operations
SEBI: Penalizes Promoters for repetitive non-disclosures & failing to make public announcement under Takeover Code
Pages
