Page 4 - Securities Appellate Tribunal

A family at war: Kirloskar siblings await SC judgement on arbitration

The Kirloskars are fighting a legal war over group assets with Sanjay Kirloskar chairman of Kirloskar Brothers Ltd on one side, and his brothers, Atul, 66, and Rahul, 59, on the on the other side

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

Kirloskar promoters get a breather in the insider trading case

The three-member SAT bench dismissed Sebi's argument that certain entities gained undue advantage of any UPSI

SAT gives relief to Brickwork Ratings, stays cancellation of licence

But keeps Sebi ban on taking up new clients

Sebi moves Supreme Court against SAT ruling in NDTV matter: Sources

Sources said Sebi's appeal before the SC is in order to ensure that the SAT order doesn't set a precedent where promoters of listed companies convert loans into shares without triggering an open offer

Sebi slaps Rs 10 cr penalty on Gautam Thapar for alleged fund diversion

Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each

NDTV pays Rs 10 lakh penalty as directed by SAT in non-disclosure case

In an order dated July 20, SAT had reduced the penalty imposed by Sebi from Rs 5 crore to Rs 10 lakh

SAT dismisses plea opposing Tamilnad Mercantile Bank's Rs 830 cr IPO

Three shareholders of TMB had sought a stay on the share sale, aggrieved by TMB's decision to drop the OFS component

SAT quashes NSE order against Kotak Mahindra Bank in share pledging case

Says stock exchange only has jurisdiction over trading members and cannot issue directions to other entities

An interim Sebi order must not be open-ended

Delayed justice is unfair to those who may ultimately be found not guilty, and also to those who may be found guilty

SAT relief for news broadcaster NDTV, fine slashed to Rs 10 lakh

The tribunal also slashed penalties imposed by the market regulator terming them 'excessive'

PNB Housing, directors shell out Rs 73 lakh to settle case with Sebi

The payment was made under settlement rules, which allow an alleged wrongdoer to settle a matter without admitting or denying the guilt

SAT directs Sebi to conduct enquiry into Cairn UK Holdings dividend case

The appellate tribunal's order, dated July 5, came after an appeal was filed by Cairn UK Holdings Ltd against the Sebi order

SAT gives ICEX another chance, quashes withdrawal of permanent recognition

Tribunal says 'the ship may be sinking but the leakages can be plugged', pulls up Sebi for concluding exit of top officials would necessarily lead to closure of the exchange

SAT stays Sebi's notices issued to BSE, NSE in Karvy Stock Broking case

The Securities Appellate Tribunal (SAT) on Thursday stayed Sebi's demand notices issued to exchanges, BSE and NSE, in a case related to Karvy Stock Broking Ltd (KSBL), whereby they had to pay Rs 5 cr

'Not fit & proper': SAT scraps Sebi order against 5 brokers in NSEL case

Market regulator asked to conduct a fresh investigation into the matter and pass an order within six months.

NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 crore

Passing a fresh order on May 31, SAT said "no ground has been made out for modifying our order dated 11th April, 2022. The application is rejected".

SAT grants interim relief to Anand Subramanian in NSE Himalayan Yogi case

Directs Subramanian to deposit Rs 60 lakh within four weeks

SAT grants interim relief to ex-NSE chief Chitra Ramkrishna in Yogi matter

Tribunal has asked her not to deposit Rs 2 crore in six weeks. If deposited, the balance amount will not be recovered during appeal pendency

SAT sets aside Rs 1-cr penalty imposed on Brickwork Ratings by Sebi

The tribunal reduced the penalty to Rs 10 lakh and held certain findings in Sebi's order cannot be sustained.