Page 7 - Securities Appellate Tribunal

Securities Appellate Tribunal stays Sebi's Rs 6-crore fine on NSE

The fine relates to NSE allegedly investing in six companies unrelated or non-incidental to the stock exchange business

SAT extends suspension of physical hearing till Dec 2 amid Covid-19

The Securities Appellate Tribunal (SAT) on Friday extended suspension of physical hearing till December 2 amid the coronavirus pandemic.

SAT quashes Sebi's order directing Prabhat Dairy to deposit Rs 1,292 crore

"The direction of the WTM to deposit a sum of Rs 1,292.46 crore is wholly arbitrary and has been passed without any application of mind," the tribunal said

SAT dismisses RIL appeal against Sebi order seeking payment of Rs 447 cr

While dismissing RIL's appeal, SAT directed the company to pay Rs 447 crore along with a simple interest of 12 per cent from November 2007 within 60 days. The amount works out to nearly Rs 1,150 crore

Merger of insurers: Irdai releases draft norms on shareholder compensation

Says those whose rights against the acquiring insurer have been reduced, must be paid compensation based on the residual value of assets

SAT extends suspension of physical hearing till November 20 amid Covid-19

Interim orders, if any, which are operational would remain in force till the next date of hearing, according to a notification

SAT clearing more cases now than before Covid-19 pandemic, shows data

August and September each saw over 80 appeals to the SAT

SAT extends suspension of physical hearing till Oct 29 amid Covid-19

Interim orders, if any, which are operational would remain in force till the next date of hearing, according to a notification.

Tepid response to Federal Mogul OFS, bids received for less than 10% shares

Market participants said high valuation and low liquidity at the counter was behind the poor response

Securities Appellate Tribunal suspends judicial work till Oct 1 amid Covid

SAT has suspended judicial work till October 1 amid the coronavirus pandemic.

Securities Appellate Tribunal sets aside Sebi's Rs 7 lakh penalty on NHAI

The Securities Appellate Tribunal (SAT) has set aside a Sebi order, which imposed a penalty of Rs 7 lakh on National Highways Authority of India for the delay in filing financial results

A tale of two competing delays

By upholding a Sebi order on delayed disclosures by a bank, SAT has clarified a host of vexing issues

SAT backs Sebi's fresh show-cause notices to rating agencies in IL&FS case

Some rating agencies moved the tribunal seeking a stay on the second show-cause notices issued by Sebi in January 2020

Securities Appellate Tribunal to remain closed till July 17 amid Covid-19

Earlier, the tribunal had said it would remain closed till June 30

Refund money or pay interest: Securities Appellate Tribunal directs Sebi

Sebi had, a year ago, imposed penalty of Rs 600,000 on an individual for violation under the Prohibition of Fraudulent and Unfair Trade Practices

Securities Appellate Tribunal to remain closed till June 30 due to Covid-19

The tribunal will function from July 1 between 11.30 am and 4.30 pm and urgent cases will be heard during July 1-3

Securities Appellate Tribunal to restore physical hearing in phased manner

The tribunal is closed till May 15 in view of the nationwide lockdown announced by the government to prevent the spread of coronavirus

It's the incentives, stupid

The most important post-mortem required after the YES Bank crisis is about flawed incentives of bankers and officials

SAT upholds Sebi decision to recover over Rs 300 cr from Samruddha Jeevan

The recovery proceedings were initiated against these entities after they failed to pay over Rs 300 crore which was due to investors.

SAT directs Irdai to recalculate unlawful gains in SBI Life Insurance case

In a single premium policy, the premium for the entire policy is collected in advance and agents can get a commission of 2 per cent under the plan