Rulings
SEBI: Specifies website disclosure norms under LODR Regulations w.r.t. foreign subsidiary’s financial statements
SEBI: Upholds SEBI Regulations’ applicability on Companies listed solely on regional stock exchanges
SAT: Commensurately reduces SEBI’s “harsh” penalty for Acquirers’ failure to make open-offer
SAT: Quashes BSE’s delisting order passed in violation of natural justice principles
SAT: Directs IL&FS Securities to approach NCL for annulment of fraudulent trades
SAT: Notes Piramal’s ‘Spotless’ image, ‘in-substance’ compliance of PIT regulations, quashes penalty
SAT: Quashes SEBI’s ‘disproportionate’ direction for public announcement; Cites ‘miniscule’ violation of Takeover Regulations
SAT: Gives breather to NSE officials and Infotech Financials in co-location matter
SEBI: Directs CS to disgorge unlawful gains made while in possession of UPSI
SEBI: SEBI’s path-breaking ruling holds NSE, its former MDs culpable in co-location facility ‘mismanagement/manipulation’
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