DEAL DETAILS Axis Growth Avenues AIF — I | Acquisition of stake in National Stock Exchange of India Limited Khaitan & Co
The appropriate process was not done and like a highway robber NSDL through illegal directions from SEBI transferred the pledged shares which were fungible, to the clients of Karvy which action was without any authority of law.
Shardul Amarchand Mangaldas advised JK Tyre & Industries Limited (“Issuer”) on its qualified institutions placement of approximately USD 61 million. The issuer
In the present case there is no allegation that the Applicant has derived or obtained any property or proceeds of crime. Additionally, there is no allegation or evidence produced to suggest that the Applicant has concealed, possessed, used, projected or claimed any proceeds of crime as untainted property.
The clauses in the Information Memorandum are based on the Master Circular which is issued by the Reserve Bank under its statutory powers. Information Memorandum and its clauses refer to Master Circular. The said Information Brochure has a statutory flavour. In that event, the agreement would have a statutory base and such an agreement can certainly be enforceable.
Rouse Avenue District Courts, Delhi: In a case relating to illegal interception/monitoring of telephone calls of National Stock Exchange ‘NSE'
Securities Exchange Board of India (SEBI): Dark Fibre/Leased Line connectivity allowed to certain Stock Brokers, the Adjudicating Officer In the matter relating
Mr Anand Subramanian had been asked to pay a sum of Rs 2,04,87,575 (Rupees Two Crore Four Lakh Eighty-Seven Thousand Five Hundred
Competition Commission of India (CCI): Coram of Ashok Kumar Gupta (Chairperson) and Sangeeta Verma and Bhagwant Singh Bishnoi (Members) addressed the allegations
Supreme Court: In an elaborate judgment running into over 90 pages, the bench of AM Khanwilkar* and Dinesh Maheshwari, JJ has discussed
Securities Appellate Tribunal: SAT, Mumbai dismissed two appeals claiming compensation from the National Stock Exchange’s Investor Protection Fund stating that loan transactions