Rulings
SEBI: Impounds unlawful gains made by Gammon CMD on shareholders agreement termination info
SEBI: Environment ministry rejection non-disclosure in RHP, ‘material lapse’; Rejects subsequent approval defence
SEBI: ITC’s HR head can’t instruct directors, hence not ‘officer’ for Insider Trading compliance
SEBI: Bars intermediary from securities market for illegal share-transfers/ dividend siphoning-off
SEBI: Penalizes promoters for minimum public-shareholding non-compliance, rejects ‘internal discord’ defence
SEBI: Ignorance of Indian laws can’t absolve foreign investors, directs public-announcement of share-acquisition
SC: Larger Bench to decide on SEBI’s penalty powers, correctness of previous ruling
SEBI: Offering room nights against deposits a CIS scheme; Offering returns critical factor
SEBI: No open offer for internal re-organisation pursuant to RBI directions, exempts Premji
SEBI: Discharges Reliance Petro from insider trading charges, cites ‘lack of evidence’
Pages
