Rulings
SEBI: IBC’s moratorium no bar on Debtor’s liability ‘determination’ for Takeover regulations disclosure
SEBI: Companies with only debt securities listed, not required to submit consolidated financials
SEBI: Upholds share transfer inter-se Promoters done within 6 months from allotting unlisted warrants
SAT: Reduces penalty imposed by NSE on broker; Invokes “proportionality” principle
SEBI: Exempts Acquirer Trust from making an open offer under Takeover Regulations
SEBI: Penalizes NDTV for failure to make timely disclosures under Takeover Regulations
SAT: Stays ban on NDTV Promoters; Slams SEBI for not providing order copy
SEBI: Bars Investment Adviser from securities market for fraud, charging unreasonable fees
SEBI: 2-year ban on NDTV Promoters for fraudulently using loan agreements to barter Company’s interests
SAT: Upholds SEBI’s direction of making public announcement by Promoters Group under Takeover Regulations