Rulings
SAT: Junks ITC’s appeal against asset sale by Hotel Leela to Brookfield
SEBI: Penalizes ICICI Bank, compliance officer for 1-day delay in disclosing amalgamation related agreement
SEBI: Penalizes IL&FS for non-disclosure of price sensitive information to stock exchange
SEBI: Orders CG Power’s forensic audit citing ‘fraud’; Bans erstwhile Chairman from securities market
SAT: Delisting Regulations inapplicable to capital reduction for achieving MPS absent share buyback
SAT: Quashes SEBI order directing minor to make open offer under Takeover Regulations
SAT: Lets off Debenture Trustee on censure quashing penalty; Cites ‘technical’ violation of regulations
SAT: Upholds penalty imposed by SEBI on promoter, connected persons violating PIT Regulations
SAT: 25 Key Takeaways from SAT order overturning ban on PW entities in Satyam case
SAT: Quashes penalty imposed on promoters group for inordinate delay on SEBI’s part
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