SEBI : Non-compliance with corporate governance not to be tolerated
Securities and Exchange Board of India: The interim order passed in accordance with Securities and Exchange Board of India Act, 1992, by
SEBI
Sahara matter: Official Receiver of Bombay HC to oversee Aamby Valley auction
Supreme Court: Appointing the Official Receiver of the Bombay High Court as the receiver for the auction of the Aamby Valley Property,
Insider trading: Recipient of ‘confidential information’/’Tippee’ can be held liable for fraud
Supreme Court: Dealing with the legality of ‘non-intermediary frontrunning’ in security market under the Securities and Exchange Board of India (Prohibition of
SC tells Sahara chief Subrata Roy, enough is enough; Orders auction of Aamby Valley
Supreme Court: The 3-judge bench of Dipak Misra, CJ and Ranjan Gogoi and Dr. AK Sikri, JJ , refusing to grant of
2002 Amendment to Section 26 of SEBI Act is retrospective in nature; All offences committed before 29.10.2002 will stand vested in the new forum
Supreme Court: In the case where it was argued that for offences allegedly committed under Section 26(2) of the Securities and Exchange
Sahara Matter: Deposit Rs. 1500 Cr by September 7 or the Aamby Valley property will be auctioned
Supreme Court: The bench of Dipak Misra, Ranjan Gogoi and Dr. A.K. Sikri , JJ told the Sahara Group of Companies and
SEBI Circulars cannot be challenged in SAT: Rules Supreme Court of India
By Mr. Audip Ghosh, Senior Associate Partner at ROYZZ & CO. He can be contacted at audip[at]royzz[dot]com.
Sahara directed to sell properties worth Rs.5092.64 crores and deposit the amount on or before 13.04.2017
Supreme Court: Taking note of the list of properties submitted by the Sahara Group of Companies in furtherance of the order dated
Sahara Matter: SEBI directed to attach the Subrata Roy’s Aamby Valley property
Supreme Court: Allowing SEBI to attach the properties belonging to Sahara Group, the Court directed Sahara to file a list of properties
Sahara Matter: Date to deposit Rs. 600 Crores not extended; failure will lead Subrata Roy back to prison
Supreme Court: Refusing to extend the deadline to deposit the amount of Rs. 600 Crores before 06.02.2017, the 3-judge bench of Dipak
Sahara to deposit Rs. 600 Crores before Feb, 2017; failure will lead Subrata Roy back to prison
Supreme Court: The bench of T.S. Thakur, CJ and Ranjan Gogoi and Dr. A.K. Sikri, JJ directed the Saharas to deposit the
SEBI has to ensure that no financial scams take place
Supreme Court: Looking into the matter reflecting the manner of getting excessive number of shares in an irregular manner, adversely affecting the
Offer to issue Non–Convertible Secured Redeemable Debentures (“NCDs”) is a public issue
Securities and Exchange Board of India (SEBI): In its prima facia order the SEBI has directed Goldmine Agro Limited (GAL) that the
Sahara chief to stay in Tihar Jail’s conference room for 10 days
Supreme Court: The 3-judge bench of TS Thakur, AR Dave and Dr. AK Sikri, JJ has, for a period of 10 working
Provisions for postal ballots cannot replace actual physical meetings
Bombay High Court: The question before the Court was whether in view of Section 110 of the Companies Act, 2013 and SEBI
SEBI local office at Lucknow inaugurated
Shri Rajeev Kumar Agarwal, Whole Time Member of SEBI, inaugurated the Local Office of SEBI at Lucknow on July 4, 2014. In
Restraint on Sale and Transfer of Properties of Sahara Group lifted and matter referred to three-Judge Bench
Supreme Court: In the matter relating to Sahara group of companies, the bench of T.S. Thakur and Dr. A.K. Sikri, JJ declined