Rulings
SEBI: Penalises for non-disclosure of change in share holdings under SAST Regulation
SAT: Upholds SEBI’s order finding no violations by Respondent Company
SEBI: Exempts DLF Promoter Group from open offer obligations w.r.t. composite merger
SAT: Sets aside SEBI’s abrupt curtailment of witness cross-examination by Price Waterhouse
SEBI: ‘Public offer’ absent prospectus & mandatory listing, violative of Cos. Act & SEBI Regulations
SEBI: Improper to intervene in broker and sub-broker disputes as arbitration-mechanism provided by exchange
SAT: Grants time for payment of interest and penalty
SEBI: SEBI imposes penalty for failure to disclose ‘trading window’ under PIT Regulations
SEBI: Disposes-off adjudication proceedings as acquisition of shares within permissible limit of 5%
SEBI: Penalizes Agnite Education Ltd. for repetitive incorrect disclosures of shareholding to BSE