Rulings
SEBI: Directs public announcement for share-acquisition, interprets ‘connected companies’; Rejects ‘price stabilization’ defense
SEBI: Penalizes Acquirer for non-compliance of Takeover & Insider Trading Regulations, rejects ‘ignorance’ defense
SC: Quashes Special Court order, StanChart’s securities-scam suit within limitation; Interprets Limitation Act
SEBI: Takeover Code contemplates independent disclosures from co. & promoters, Rejects ‘double jeopardy’ defense
SEBI: Directors’ wife with independent income a “dependant”, can’t trade sans pre-clearance
SAT: Upholds penalty for share-purchase non-disclosure to stock exchange violating Insider Trading Regulations
SAT: Upholds SEBI order imposing penalty for not obtaining SCORES authentication
SEBI: Sets aside SCORES adjudication proceedings based on High Court winding-up order
SEBI: Listing agreement compliance no saviour against insider trading, based on unpublished financials
SEBI: Issues warnings, orders caution in making corporate announcements under listing agreement
Pages
