Bringing you the Best Analytical Legal News
“Personal hearing cannot be demanded as a matter of right, unless specifically mandated by statute or rules. The principles of natural justice cannot be applied in a straitjacket formula; their application depends on the facts and circumstances of each case”
SEBI penalizes Anil Ambani for siphoning of funds from public listed companies, RHFL
Supreme Court has applied the standard of a ‘grave miscarriage of justice’ in the exceptional circumstances of this case where the process of arbitration has been perverted by the arbitral tribunal to provide an undeserved windfall to DAMEPL.
There is no such thing under the SAST Regulations that acquisition and holding of shares without making a public announcement is a violation.
Supreme Court: The bench of RF Nariman and Vineet Saran, JJ has held RCom chairman Anil Ambani guilty of contempt of court