SAT

Justice PS Dinesh Kumar says merchant bankers must maintain professional distance, conduct proper due diligence and advise clients within the framework of law

The Supreme Court asked SAT to reconsider Sebi's fraud allegations against Vedanta, citing discrepancies in trading data and contradictions in the regulator's investigation

The tribunal said the subscription amount was deposited on time but credited to the account the next day, resulting in the warrants being issued a day beyond the deadline

SAT has rejected Danny Gaekwad's bid to make a competing open offer for Religare, saying he missed the 15-day deadline under Sebi's takeover rules

SAT overturns Sebi's 2022 order against Bombay Dyeing and Wadia promoters, directs refund of penalties, cites lack of fraud and enforcement delay

In June 2022, Sebi imposed a penalty of ₹30 lakh on Reliance Industries for not making a prompt clarification to stock exchanges regarding the Jio-Facebook deal

The tribunal upheld Sebi's disclosure circular requiring FPIs to reveal ownership structures to the ultimate beneficiary level, rejecting appeals by Elara and Vespera Funds

The Securities Appellate Tribunal has partly allowed Viresh Joshi's appeal, directing Sebi to share more documents in the Axis Mutual Fund front-running investigation

SAT admitted Jane Street's appeal against Sebi over alleged Bank Nifty manipulation, asking Sebi to reply in 3 weeks, with the next hearing set for November 18

Jane Street has appealed to the Securities Appellate Tribunal against Sebi's July 3 order, alleging denial of crucial documents and bias in the Nifty Bank manipulation probe

Sebi also added that it will determine the quantum of illegal gains made by the alleged fraudulent schemes, and further action may be initiated accordingly

Lotus & LTS have successfully rebalanced their portfolios, liquidated the non-compliant holdings, said sources

Deadline to not have holdings beyond specified thresholds ends on Monday

Securities Appellate Tribunal was without a presiding officer or a judicial member for three months

The market regulator refunded Rs 300 crore to the exchange following the directions by the Supreme Court in the same case

Industry players fear that if the Bench is not restored soon, it could hamper the fundraising and expansion plans of companies with pending litigation

Tribunal also slashes penalties levied on Chitra and Anand Subramanian

Matter pertains to alleged manipulative trading in November 2007

Tribunal asks market regulator to pay Rs 5 lakh for delay in complying with its order

Arguing on behalf of Goenka, senior counsel Abhsihek Manu Singhvi pointed that there had been no loss to Zee and no gain to Goenka in the alleged matter