{"id":35665,"date":"2014-10-24T08:22:46","date_gmt":"2014-10-24T02:52:46","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=35665"},"modified":"2014-10-24T08:22:46","modified_gmt":"2014-10-24T02:52:46","slug":"dlf-seeks-interim-relief-ban","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/dlf-seeks-interim-relief-ban","title":{"rendered":"DLF seeks interim relief from ban"},"content":{"rendered":"<p>Barred by the Securities and Exchange Board of India from accessing capital markets, realty giant DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments.<\/p>\n<p id=\"ms__id1002\" class=\"body\">After hearing the petition filed by the realty developer against the ban,<a href=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/10\/dlf.png?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"35666\" data-permalink=\"https:\/\/www.legalindia.com\/news\/dlf-seeks-interim-relief-ban\/dlf\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png?fit=275%2C183&amp;ssl=1\" data-orig-size=\"275,183\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"dlf\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png?fit=150%2C99&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png?fit=275%2C183&amp;ssl=1\" class=\"alignright size-full wp-image-35666\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/10\/dlf.png?resize=275%2C183&#038;ssl=1\" alt=\"dlf\" width=\"275\" height=\"183\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png?w=275&amp;ssl=1 275w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png?resize=150%2C99&amp;ssl=1 150w\" sizes=\"auto, (max-width: 275px) 100vw, 275px\" \/><\/a>adjourned the matter to October 30, and sought response from the capital markets regulator on DLF\u2019s plea for an interim relief.<\/p>\n<p id=\"ms__id1003\" class=\"body\">Pleading for relief, the Delhi-based realtor said it needed to redeem funds, including around Rs.2,000 crore locked in mutual funds as also through redemption of some bonds worth thousands of crores, but SEBI had restrained it and six others, including top executives, from tapping capital markets for three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barred by the Securities and Exchange Board of India from accessing capital markets, realty giant DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments. After hearing the petition filed by the realty developer against the ban,adjourned the matter to October [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[86,20124],"tags":[30233,30232,30230,30229,30235,30236,30231,29148,30234],"class_list":["post-35665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-law-news","category-court-judiciary-legal-system","tag-capital-markets","tag-dlf","tag-dlf-seeks-interim-relief","tag-dlf-seeks-interim-relief-from-ban","tag-k-p-singh","tag-sat-presiding-officer-j-p-devadhar","tag-sebi-order","tag-securities-appellate-tribunal","tag-securities-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DLF seeks interim relief from ban - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"DLF seeks interim relief from ban\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/dlf-seeks-interim-relief-ban\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DLF seeks interim relief from ban - Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"og:description\" content=\"DLF seeks interim relief from ban\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/dlf-seeks-interim-relief-ban\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalindiaCom\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-24T02:52:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/10\/dlf.png\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Legal India Admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Legal India Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/dlf-seeks-interim-relief-ban#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/dlf-seeks-interim-relief-ban\"},\"author\":{\"name\":\"Legal India Admin\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/0bfdffe9059fb8bb24a86d094609c5ea\"},\"headline\":\"DLF seeks interim relief from ban\",\"datePublished\":\"2014-10-24T02:52:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/dlf-seeks-interim-relief-ban\"},\"wordCount\":127,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/dlf-seeks-interim-relief-ban#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2014\\\/10\\\/dlf.png?fit=275%2C183&ssl=1\",\"keywords\":[\"capital markets\",\"DLF\",\"DLF seeks interim relief\",\"DLF seeks interim relief from ban\",\"K.P. 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The bench comprising justices Gyan Sudha Misra and Pinaki Chandra Ghosh, in their order Wednesday, also allowed the\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"supreme court","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2013\/08\/supreme-court-150x90.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":36007,"url":"https:\/\/www.legalindia.com\/news\/sc-nod-dlf-rs-100-cr-deposit-towards-rs-630-cr-fine","url_meta":{"origin":35665,"position":2},"title":"SC nod to DLF for Rs 100 cr deposit towards Rs 630 cr fine","author":"Legal India Admin","date":"November 28, 2014","format":false,"excerpt":"Real estate major DLF was today allowed to deposit Rs 100 crore towards Rs 630 crore fine slapped on it by the Competition Commission of India (CCI) for allegedly resorting to unfair business practices. A bench headed by Justice A R Dave allowed the request after DLF's counsel said, \"we\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46113,"url":"https:\/\/www.legalindia.com\/news\/sc-restrains-dlf-creating-3rd-party-rights","url_meta":{"origin":35665,"position":3},"title":"SC restrains DLF from creating 3rd party rights","author":"Legal India News","date":"December 12, 2016","format":false,"excerpt":"The Supreme Court has restrained reality major DLF from creating any third party rights on a portion of land where it has constructed the 'Mall of India' in Noida area of Uttar Pradesh. The court's interim order came on an appeal filed by several land owners against the Allahabad High\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"SC restrains DLF from creating 3rd party rights","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/08\/supreme-court-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":16088,"url":"https:\/\/www.legalindia.com\/news\/supreme-court-extends-interim-relief-for-sahara-group-firms","url_meta":{"origin":35665,"position":4},"title":"Supreme court extends interim relief for Sahara group firms","author":"Legal India Admin","date":"January 10, 2012","format":false,"excerpt":"The Supreme Court Monday admitted a plea by two Sahara group companies challenging the Securities Appellate Tribunal's order directing them to refund Rs.17,400 crore mopped up from 2.3 crore investors and ordered the continuation of its interim stay on the tribunal's direction. The apex court bench of Chief Justice S.H.\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/01\/supreme.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":22813,"url":"https:\/\/www.legalindia.com\/news\/dlf-group-firm-to-pay-rs-7-12l-for-unfair-trade-practice","url_meta":{"origin":35665,"position":5},"title":"DLF group firm to pay Rs 7.12L for unfair trade practice","author":"Legal India Admin","date":"August 27, 2012","format":false,"excerpt":"A consumer forum has held a DLF group firm guilty of resorting to unfair trade practice for taking money from a cancer patient for a flat in an unapproved residential project and has asked them to pay him Rs 7.12 lakh. Indicting DLF Home Developers Ltd for taking money from\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-9hf","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/35665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=35665"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/35665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/35666"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=35665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=35665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=35665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}