Rulings
SAT: Quashes SEBI orders penalizing, barring Independent Director for alleged involvement in GDR-issue fraud
SEBI: Allows PNB Housing Finance, 12 Directors’ plea seeking settlement of proceeding related to Carlyle-deal
SEBI: Penalises company, its Directors for disclosing wrong, misleading shareholding pattern to public
SAT: Quashes SEBI order rejecting Co.’s application seeking exemption from strict compliance of SBEB Regulations
SEBI: Disposes proceedings against Dish TV Independent-Directors for alleged disclosure lapses, absent complicity
SAT: Quashes SEBI-orders penalizing 5 Companies for unfair trade practices, cites inordinate delay
SAT: Sets aside SEBI order penalizing Co., directors for issuing warrants without consideration
SEBI: Penalises Company for not disclosing SCNs issued by Pollution Control Board, given ‘materiality’
SAT: Quashes SEBI order imposing penalty for non-compliance with disgorgement orders
SC: Affirms SAT order giving broader meaning to term “acquirer” under Takeover Regulations
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