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Latest Articles in securities appellate tribunal
LIC Housing Finance Approaches SAT To Settle Issue On Preference Shares With Stock Exchanges
The company has been asked to explain how it arrived at the decision to fix the issue price for the preference shares at Rs 514.25 apiece for allotting 4,54,00,000 equity shares to LIC.
Read MorePNB Asks Housing Finance Arm To Restructure Rs 4,000 Cr Capital Infusion Deal
Sebi had asked the company for revaluation of the issue price for the Rs 4,000 crore preference shares and warrants to be issued to the proposed investors at Rs 390 a piece.
Read MoreAT-1 Bonds Case: Yes Bank To Appeal Rs 25 Cr Fine By Sebi
The announcement came hours after markets regulator Sebi imposed a penalty of Rs 25 crore on the lender in the case.
Read MoreIndian Tribunal Refuses To Lift SEBI Ban On Price Waterhouse
The markets regulator, Securities and Exchange Board of India, last week barred Price Waterhouse from auditing listed companies in the country for two years, after a probe into a nearly decade-old accounting fraud case in a software services company that became India's biggest corporate scandal
Read MoreSEBI Fines PACL, Four Directors $379 Million For Fraudulent Schemes
The fine comes after India's market regulator three years ago had ordered PACL to return the Rs 491 billion it had raised from customers from financial products that promised returns based on land investments
Read MoreParsvnath Leases 74,000 Sq Ft Office Area To WHO, Facebook India
Parsvnath has completed the first phase of its commercial project at Gole Market comprising 2.26 lakh sq ft of office space
Read MoreSAT Asks Vijay Mallya To Make A Submission Before Sebi In 3 Weeks
The tribunal also dismissed his plea against the Sebi order that barred him from holding any board position at listed companies, including as the chairman of his group firm United Breweries
Read More