Rulings
HC: Listed Promoter-less companies can provide exit to shareholders through buy-back
SAT: Affirms penalty imposed by SEBI for failure to disclose invocation of pledged shares
SAT: Quashes Forward Markets Commission’s order; Cites violation of natural justice principles
SEBI: Related parties cannot vote on resolution involving rescission of RPT
SAT: Reduces restraint period finding no mis-utilization of IPO proceeds; Upholds false disclosure charges
SEBI: Issues clarification on applicability of insider trading norms to an inactive promoter
SAT: Upholds SEBI order restraining CG Power’s erstwhile Chairman; Cites ample evidence for urgent action
SAT: Regards Head of Retail Finance as ‘officer’ to infer PIT Regulations’ applicability
SAT: Dismisses minority shareholder’s appeal against non-imposition of penalty on NDTV KMPs
SAT: Liability for violation depends on person’s role in Company’s affairs, not designation
Pages
