Rulings
SAT: Consenting shareholders to an oppression-mismanagement petition not PACs under Takeover Regulations
SAT: SEBI’s interim order restricting right to trade based on ‘needle of suspicion’ unwarranted
SAT: Upholds Recovery Officer’s order; Cites property’s malafide transfer by Appellant
SC: Upholds SAT orders affirming “reasonable” penalties imposed for violations under SEBI Act
SAT: Quashes SEBI order contradicting HC’s directions regarding MPS pursuant to amalgamation
SAT: Upholds SEBI order penalizing Merchant Banker for unfair disclosures in IPO prospectus
SEBI: Penalizes Noticees on failure to make open offer for acquiring Company’s shares
SEBI: Issues clarification regarding grant, vesting and exercise of ESOPs during buy-back period
SEBI: Grants relaxation from procuring public shareholders’ consent w.r.t. Company’s voluntary delisting
SEBI: Lock-in for pre-IPO shares held by AIF to commence from purchase date
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