Corporate Law News Notice to SEBI, MCA and Enforcement Directorate in NSE co-location case : Madras HC October 11, 2019 by Legal India Admin | Leave a Comment The Madras High Court has admitted a Public Interest Litigation (PIL) filed by the Chennai Financial Markets and Accountability (CFMA) in the National Stock Exchange (NSE) co-location case and issued notices to the SEBI, the Ministry of Corporate Affairs (MCA), the CBI, Enforcement Directorate (ED) and the NSE. According to the PIL, SEBI has not […] Read more » Enforcement Directorate in NSE co-location case Financial Intelligence Unit FIU MCA National Stock Exchange NSE NSE co-location case SEBI Serious Fraud Investigation Office SFIO
Corporate Law News SAT Stays SEBI Order Barring Prannoy Roy & Radhika Roy From Holding Directorial Or Managerial Positions In NDTV June 19, 2019 by Legal India Admin | Leave a Comment In a temporary relief to Prannoy Roy and Radhika Roy, the Securities Appellate Tribunal has stayed the June 14 order issued by Securities and Exchange Board of India restraining them from holding manegerial or directorial posts in New Delhi Television Ltd (NDTV). Admitting the appeal filed by Roys and RPPR Ltd, the promoters of NDTV, […] Read more » DIRECTIONAL MANAGERIAL POSITIONS SEBI
High Profile Cases SC takes note of deposit of Rs 710.22 cr by Sahara chief July 6, 2017 by Legal India Admin | Leave a Comment The Supreme Court today noted that embattled Sahara chief Subrata Roy has deposited Rs 710.22 crore in the SEBI-Sahara account, but warned that its cheque of Rs 552.21 crore must be realised within the July 15 deadline. The apex court rejected Roy’s request to extend time beyond July 15 for realisation of this cheque. Roy […] Read more » Court featured Law Legal News Sahara chief SEBI Subrata Roy Supreme Court
High Profile Cases SC asks Sahara chief to deposit Rs 600 cr for staying out of jail November 29, 2016 by Legal India News | Leave a Comment The Supreme Court today asked Sahara Group chief Subrata Roy to deposit Rs 600 crore more by February 6 next year in the SEBI-Sahara refund account to remain out of jail and cautioned him that in case of failure, he would have to return to prison. A bench comprising Chief Justice T S Thakur and […] Read more » Court featured Law Legal News Sahara chief SEBI Subrata Roy Supreme Court
Top Law News Participatory notes are regulated under the law: HC September 17, 2015 / September 17, 2015 by Legal India News | Leave a Comment Delhi High Court today said that Participatory Notes (P-Notes) are not illegal and were regulated under the law. The ruling by a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva came while dismissing a PIL, which had claimed that Finance Minister Arun Jaitley had wrongly made a statement that P-Notes were not illegal and […] Read more » Arun Jaitley Delhi High Court featured Law Legal News Participatory notes are regulated under the law: HC SEBI
Public Utilities Top Law News SC gives Sahara 18 months to pay up Rs.36,000 crore June 19, 2015 by Legal India News | Leave a Comment While approving the manner in which Sahara would furnish its bank guarantee, the Supreme Court on Friday directed that the group will have to pay the remaining liability it owes to the market regulator, Securities and Exchange Board of India (Sebi), within 18 months from the time its chief Subrata Roy is released. Accepting the […] Read more » 000 crore Anil R.Dave featured Justice A.K. Sikri Justice T.S. Thakur Law Legal News news Sahara Sahara chief Subrata Roy SC gives Sahara 18 months to pay up Rs.36 SEBI Securities and Exchange Board of India Subrata Roy Supreme Court
Top Law News SC refuses to release Subrata Roy on bail or parole July 23, 2014 by Legal India Admin | Leave a Comment The Supreme Court today refused to release Sahara Chief Subrata Roy, who has been behind bars for nearly five months, on interim bail or parole but allowed selling of his luxury hotels in New York and London to raise money to deposit Rs 10,000 crore with SEBI as directed to get regular bail. The apex […] Read more » news Sahara chief Subrata Roy SC refuses to release Subrata Roy on bail SEBI Subrata Roy Supreme Court todays news todays top news Top news
Top Law News Andhra HC lifts stay on Ranbaxy, Sun Pharma merger May 26, 2014 by Legal India Admin | Leave a Comment Shares of Sun Pharmaceutical Industries and Ranbaxy Laboratories are trading higher by up to 3% in early morning deals after the Andhra Pradesh High Court cleared the decks for the $4-billion deal to go through by lifting the stay. The Andhra Pradesh High Court on Saturday vacated a status quo order it had issued earlier […] Read more » Merger news Pharma Ranbaxy SEBI Sun Pharma todays news todays top news Top news
Top Law News Daiichi plea HC to vacate Sun-Ranbaxy merger stay May 12, 2014 by Legal India Admin | Leave a Comment Daiichi Sankyo, owner of Ranbaxy Laboratories Limited, has filed a petition in Andhra Pradesh High Court requesting it to vacate the ‘status quo’ order it issued earlier on Sun Pharma-Ranbaxy merger process. The HC may take up hearing on the petition on May 15. Based on a petition filed by two individual investors, the court […] Read more » Andhra Pradesh High Court Daiichi Sankyo news Ranbaxy Laboratories Ranbaxy stock SEBI Sun Pharma-Ranbaxy merger todays news todays top news Top news
Top Law News Supreme court to hear Sahara Group proposal March 7, 2014 / March 7, 2014 by Legal India Admin | Leave a Comment The Supreme Court will on Friday hear a proposal by the Sahara Group to pay SEBI a substantial amount as surety to return investors the Rs.19,000 crore it had collected through Optionally Fully Convertible Debentures. Senior counsel Rakesh Dwivedi, appearing for the Sahara Group, told the apex court bench headed by Justice K.S. Radhakrishnan that […] Read more » news Sahara Group Sahara Pariwar SEBI Subrata Roy Supreme Court todays news todays top news Top news
Top Law News HC issues notice to SEBI, Sahara Q Shop September 9, 2013 by Legal India Admin | Leave a Comment The Lucknow bench of the Allahabad High Court (HC) Monday issued notice to the Securities and Exchange Board of India (SEBI) and Sahara Q Shop Limited, over a scheme launched some years ago. The bench of Justice Devi Prasad Singh and Justice Ashok Pal Singh also directed counsel of the union and state government to seek instructions and apprise the court about […] Read more » HC issues notice to SEBI Justice Ashok Pal Singh Justice Devi Prasad Singh Sahara Q Shop Sahara Q Shop Limited SEBI Securities and Exchange Board of India
Top Law News Award maximum term to Sahara directors, SEBI tells SC August 7, 2013 / August 7, 2013 by Legal India Admin | Leave a Comment The Securities and Exchange Board of India (SEBI) Tuesday urged the Supreme Court to award maximum punishment to Sahara India’s head Subrata Roy and three other directors of its companies for contempt of court by not complying with its order of returning Rs.24,000 crore to investors. “Here is a case where contempt was committed not […] Read more » Arvind Datar Award maximum term to Sahara directors; SEBI tells SC Justice Jagdish Singh Khehar Justice K.S. Radhakrishnan national news news Sahara Housing Investment Corporation Ltd Sahara India Real Estate Corporation Sahara India's head Subrata Roy SEBI Securities and Exchange Board of India todays news todays top news Top news
