Securities Appellate Tribunal

SAT upholds Sebi's interpretation of RPT norms in Linde India case

The ruling reinforces Sebi's framework for evaluating large RPTs and is expected to have implications for how listed companies structure and disclose dealings involving related parties

SAT reverses Sebi decision, okays Ketan Parekh's cross-examination

In January, Sebi had issued an ex parte interim order-cum-show cause notice against 22 entities, including Salgaocar (the appellant) and Parekh

SAT rejects FPIs' appeals on warrants, upholds Sebi's disclosure mandate

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

SAT has granted stay on Sebi order to ban firm, officials: Man Industries

Man Industries (India) Ltd on Tuesday said the Securities Appellate Tribunal (SAT) has granted a stay on capital markets regulator Sebi's order that barred the company and its three senior executives. The stay is conditional on the deposit of 50 per cent of the penalty amount, the company said. In its statement, Man Industries said "On October 10, 2025, SAT granted a stay on the entire Sebi order dated September 29, 2025, which was passed against the company and three other noticees." On September 29, Sebi barred Man Industries and its three senior executives from accessing the securities markets for two years and imposed a fine of Rs 25 lakh on each of them for alleged financial misstatement. Those penalised included Ramesh Mansukhani, Chairman of Man Industries; Nikhil Mansukhani, Executive Director; and Ashok Gupta, former Executive Director and current CFO. In its order, Sebi had noted that the financial statements of Man Industries (India) Ltd (MIIL) for the financial years .

Sebi refuses more data to US trading firm Jane Street as probe deepens

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 files appeal in SAT, says Sebi probe 'biased, pre-determined'

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 tells Linde: No room for word games in related party norms definition

Market regulator and public shareholders accuse industrial gases firm of splitting hairs to escape scrutiny over dealings with its arm

SAT directs OPG to deposit ₹2.5 crore, stays Sebi's ₹85 crore order

Tribunal admits appeal against Sebi's revised disgorgement in NSE case and stays recovery subject to OPG depositing Rs 2.5 crore within four weeks in an interest-bearing account

Street Signs: Nifty hits the 25K wall, SAT's gavel comes down hard, more

The Securities Appellate Tribunal (SAT) will resume proceedings on Monday after a three-week summer recess

SAT dismisses plea by Salasar Stock Broking in the Ketan Parekh case

Salasar will have to make the full deposit of wrongful gains in the alleged front-running matter

SAT upholds Sebi order against SME firm Trafiksol ITS Technologies

Regulator had directed refund of money to IPO investors

Corporate irregularities can impact economy at large: Justice Kumar

Justice Kumar added that regular audits and proper disclosures are essential to avoid instances of poor corporate governance, which may lead to the breakdown of a company

SAT admits Anil Ambani plea in RHFL case, directs 50% deposit of penalty

The tribunal has directed Ambani to deposit 50 per cent of the penalty amount and asked Sebi to file a reply in the matter within four weeks

SAT stays Sebi order barring Omaxe, others from securities market for 2 yrs

The Securities Appellate Tribunal (SAT) has stayed a Sebi order that barred realty firm Omaxe, its Chairman Rohtas Goel, Managing Director Mohit Goel and others from the securities market for two years for misrepresentation in the company's financial statements. The latest order came after Omaxe and others challenged the order passed by the Securities and Exchange Board of India (Sebi) on July 30. In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks". Paragraphs No 41(1) and (2) pertain to securities market ban and prohibition from holding any position as key managerial personnel of any other listed company imposed on individuals by Sebi. Sebi, in its ruling, restrained Omaxe, Rohtas Goel, Mohit Goel and three others -- Sudhangshu S Biswal, Arun Kumar Pandey, and Vimal Gupta -- from the securities markets for two years. Additionally, these fiv

Supreme Court refuses relief on valuation probe against Linde India

Sebi had directed NSE to carry out the valuation of the business by the company

SAT dismisses Linde India plea against market regulator Sebi's order

Directs Sebi and NSE to maintain confidentiality on price-sensitive information

Checks and balances challenge: How to strengthen regulators' accountability

Parliament's oversight of statutory regulatory authorities is weak, and strengthening it is both necessary and desirable

Linde India seeks SAT relief on valuation exercise ordered by Sebi

Market regulator had directed NSE to appoint a valuer in its interim order in April

SAT stays Irdai order against Religare's Saluja, Care Health in ESOP case

However, chairperson Saluja prohibited from exercising pending ESOPs

SAT directs Religare to comply with Sebi directions on Burman open offer

Told to file application with RBI, Irdai by July 22 along with concerns on 'fit & proper' status of Burmans