Rulings
SAT: Quashes SEBI’s “patently perverse” order restraining Directors for being part of manipulative preferential-allotment scheme
SAT: Partly allows appeal challenging SEBI-order directing refund of money collected through preferential allotment
SAT: Upholds SEBI’s penalty against Co.’s promoters, connected entities for takeover norms’ violation
SEBI: Issues informal guidance on gifting of shares to spouse
SEBI: Penalizes 2-entities for insider trading basis UPSI regarding announcement of Co.’s financial statements
SAT: Imposes cost on SEBI for failing to investigate investor complaints against stock broker
SEBI: Bars Brightcom Group’s CEO, CFO from managerial posts for lapses in preferential allotments
SAT: Rejects Eros International’s appeal against SEBI’s restraining order in funds siphoning case
SAT: Upholds SEBI’s ex-parte ad interim order passed without hearing-opportunity, considering ‘gravity’ of offence
SEBI: Suspends Stock Broker’s registration for trading in paired contracts, "utter lack of integrity"
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