Rulings
SEBI: Allows Cochin Stock Exchange exit, orders compliance with post exit obligations
SEBI: Prohibits directors from accessing capital market for employing fraudulent GDR financing techniques
SEBI: ‘Forfeiture’ of partly paid shares not entitled to open offer exemption
SEBI: Public Announcement mandatory for creeping acquisition post-2009 SEBI clarification
SEBI: Transferring shares to lender not ownership change; Insider trading regulations not violated
SEBI: 'Ignorance' of law no excuse, penalizes foreign fund for delayed disclosure
SEBI: Cautions Vadodara SE for arbitrary conduct; Observes poor board meeting related documentation
SEBI: Relaxes open offer rigours for inadvertent breach of Takeover Code; Orders divestment
SC: Filing appeal a “vested substantive right”; Applies change of forum amendment prospectively
SEBI: Orders post facto open offer after 16 years, rejects 'passage of time' contention
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