Business Standard

Page 2 - Securities And Appellate Tribunal

New twist to rivalry as Kirloskar siblings trade charges over legal fees

Sanjay Kirloskar-led Kirloskar Brothers Ltd refutes claim made by siblings Atul and Rahul that the firm paid Rs 274 crore in professional and legal expenses

New twist to rivalry as Kirloskar siblings trade charges over legal fees
Updated On : 17 Oct 2022 | 9:52 PM IST

SAT quashes insider trading charges against Biocon official Shreehas Tambe

The Securities Appellate Tribunal (SAT) has quashed the insider trading charges against Shreehas P Tambe when he was senior vice president of Biocon Ltd.

SAT quashes insider trading charges against Biocon official Shreehas Tambe
Updated On : 04 Aug 2022 | 5:14 PM IST

SAT directs Shivinder Singh to deposit 50% of Sebi's penalty in Fortis case

If the amount is deposited, then the markets regulator will not make further recovery, the Securities Appellate Tribunal (SAT) said in its order passed on July 8.

SAT directs Shivinder Singh to deposit 50% of Sebi's penalty in Fortis case
Updated On : 14 Jul 2022 | 2:02 AM IST

'Sebi acted in haste': Chanda Kochhar gets interim relief from SAT

Tribunal directs Kochhar to file a fresh application before Sebi

'Sebi acted in haste': Chanda Kochhar gets interim relief from SAT
Updated On : 16 Jun 2022 | 10:27 PM IST

SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty

The Securities Appellate Tribunal (SAT) has directed businessman Malvinder Singh and Malav Holdings to deposit 50 per cent of the penalty amount imposed by markets regulator Sebi within six weeks

SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty
Updated On : 09 Jun 2022 | 12:35 AM IST

SAT quashes Sebi ban on Yashovardhan Birla, others from securities mkt

The Securities Appellate Tribunal (SAT) has quashed a Sebi order that had barred Yashovardhan Birla and others from the securities market for two years for alleged mis-utilisation of the IPO proceeds. The Sebi, in October 2020, restrained Birla Pacific Medspa Ltd, Yashovardhan Birla and eight others from the securities market for two years for mis-utilisation of the IPO proceeds. Birla Pacific Medspa Ltd (BPML), which came out with offer documents in March 2011, had floated its over Rs 65-core initial public offering (IPO) in June 2011. The regulator, in its order, said that the company made misstatements in the prospectus in respect of the objects of the IPO. Pursuant to Sebi's order, Yashovardhan Birla and other individuals moved SAT. These individuals were the signatories to the prospectus of Birla Pacific Medspa. In its order dated August 26, the SAT said that appellants did not make any misstatement in the prospectus. It, further, said that the finding given by the Sebi that

SAT quashes Sebi ban on Yashovardhan Birla, others from securities mkt
Updated On : 30 Aug 2021 | 7:08 PM IST

Sebi's actions hurt minority shareholders: PNB Housing tells SAT

The counsel argued that blaming the board of directors was unfair as preferential allotment price was not final and had to be approved by a special resolution

Sebi's actions hurt minority shareholders: PNB Housing tells SAT
Updated On : 19 Jul 2021 | 11:45 PM IST

Sebi moves Supreme Court against SAT order on Franklin Templeton

Sebi has moved SC against June 28 order of SAT which stayed its decision to bar Franklin Templeton from launching new debt schemes for two years and had asked the fund house to refund over Rs 512 cr

Sebi moves Supreme Court against SAT order on Franklin Templeton
Updated On : 15 Jul 2021 | 10:42 PM IST

Chanda Kochhar matter: SAT asks Sebi officer not to proceed till Sep 15

The Securities Appellate Tribunal (SAT) has restrained Sebi's Adjudicating Officer from proceeding till September 15 in a matter related to former ICICI Bank chief Chanda Kochhar.

Chanda Kochhar matter: SAT asks Sebi officer not to proceed till Sep 15
Updated On : 14 Jul 2021 | 10:55 PM IST

BS Number Wise: How good is Sebi at recovering money?

The value of notices Sebi has sent out since getting recovery powers in 2013 is more than twice Mumbai's annual municipal budget

BS Number Wise: How good is Sebi at recovering money?
Updated On : 06 Jul 2021 | 10:54 PM IST

Sebi drops insider trading charges against Dynamatic Technologies CEO

The market regulator dropped the case as the Securities and Appellate Tribunal (SAT), and then the Supreme Court, found no wrongdoing

Sebi drops insider trading charges against Dynamatic Technologies CEO
Updated On : 03 Mar 2021 | 1:39 AM IST

Relief for HDFC Bank as SAT stays Sebi directive on Rs 160 cr transfer

Matter pertains to BRH Wealth Kreators share-pledge fiasco; SAT cites lender's financial strength while asserting it won't run away or become insolvent

Relief for HDFC Bank as SAT stays Sebi directive on Rs 160 cr transfer
Updated On : 22 Feb 2021 | 11:05 PM IST

Sebi fines NSE and two former CEOs in co-location case, drops fraud charges

Exchange made to shell out Rs 1 cr, former heads told to cough up Rs 25 lakh each

Sebi fines NSE and two former CEOs in co-location case, drops fraud charges
Updated On : 10 Feb 2021 | 11:51 PM IST

Karvy crisis: SAT refuses relief to lenders, asks to approach Sebi by Dec 6

The private sector banks joined the petition on Tuesday and there was a lengthy hearing

Karvy crisis: SAT refuses relief to lenders, asks to approach Sebi by Dec 6
Updated On : 04 Dec 2019 | 3:00 PM IST

SAT pulls up Sebi for 'shabby' handling of complaints from investor

It said that disposal of the complaints by the markets regulator was merely an eyewash

SAT pulls up Sebi for 'shabby' handling of complaints from investor
Updated On : 16 Nov 2019 | 12:29 AM IST
Updated On : 26 Mar 2018 | 11:49 PM IST