SAT

Sebi to streamline internal mechanism for enforcement actions

Sebi to streamline internal mechanism for enforcement actions

The proposal assumes significance against the backdrop of various high profile cases, including those related to the NSE and PwC, were settlement are being sought.

Sep 15, 2017, 17:28 PM IST
Parsvnath leases 74,000sq ft office area to WHO, Facebook India

Parsvnath leases 74,000sq ft office area to WHO, Facebook India

While the World Health Organisation (WHO) has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area, Jain said.

Aug 20, 2017, 14:27 PM IST
Shell companies: SAT to hear pleas of 2 more firms on Thursday

Shell companies: SAT to hear pleas of 2 more firms on Thursday

The Securities Appellate Tribunal (SAT) will on Thursday hear pleas by Hit Kit Global Solutions and Sanco Industries against trading restrictions imposed on their shares by exchanges on Sebi directions.

Aug 16, 2017, 18:37 PM IST
SAT dismisses Vijay Mallya's plea against Sebi order

SAT dismisses Vijay Mallya's plea against Sebi order

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 Ltd (UBL).

Aug 11, 2017, 15:52 PM IST
Sebi crackdown on shell companies: SAT lifts trading curbs on Parsvnath, 5 others

Sebi crackdown on shell companies: SAT lifts trading curbs on Parsvnath, 5 others

Out of the 331 companies on the list, more than 160 are actively traded shares on the exchanges.

Aug 11, 2017, 12:53 PM IST

SAT lifts trading curbs on shares of Parsvnath Developers, Kavit Industries

The Securities Appellate Tribunal on Friday lifted trading curbs on shares of Parsvnath Developers and Kavit Industries which are among the 331 suspected shell companies identified by the government.

Aug 11, 2017, 12:43 PM IST

JKumar Infra, Prakash Ind shares tank up to 20%

Shares of JKumar Infraprojects and Prakash Industries resumed trading on Friday, crashing by up to 20 percent to hit lowest trading permissible limit for the day, after SAT stayed trading restriction imposed on them.

Aug 11, 2017, 12:31 PM IST
SAT stays trading restrictions on JKumar, Prakash Industries

SAT stays trading restrictions on JKumar, Prakash Industries

The Securities Appellate Tribunal on Thursday stayed trading restrictions imposed on JKumar Infraprojects and Prakash Industries, which are among the 331 suspected shell companies identified by the government, saying Sebi passed the order without carrying out any probe.

Aug 10, 2017, 19:11 PM IST
SAT stays Sebi's order on J Kumar Infraprojects

SAT stays Sebi's order on J Kumar Infraprojects

The Securities Appellate Tribunal (SAT) on Thursday stayed the trade restriction order by securities market regulator Securities and Exchange Board of India (Sebi) on building construction services provider J.Kumar Infraprojects.

Aug 10, 2017, 17:08 PM IST
 Sebi crackdown on shell companies: J Kumar Infra, Parsvnath move SAT against market regulator's order

Sebi crackdown on shell companies: J Kumar Infra, Parsvnath move SAT against market regulator's order

J Kumar Infraprojects, Parsvnath, and others have moved SAT against Sebi terming them as 'shell companies'. 

Aug 09, 2017, 16:47 PM IST

SAT admits RIL plea against Sebi ban

SAT asked RIL to submit a list of MFs to Sebi through which it would participate in equity derivatives markets.

May 03, 2017, 13:14 PM IST
FM Arun Jaitley proposes to amend SEBI Act to increase benches in SAT

FM Arun Jaitley proposes to amend SEBI Act to increase benches in SAT

Finance Minister Arun Jaitley Monday proposed to amend the SEBI Act in order to increase benches in the Securities Appellate Tribunal (SAT).

Feb 29, 2016, 14:53 PM IST
SAT defers hearing on DLF plea till November 24

SAT defers hearing on DLF plea till November 24

Securities Appellate Tribunal (SAT) on Thursday adjourned till November 24 the hearing on realty major DLF's plea against the Rs 86 crore penalty imposed on it by capital markets regulator Sebi.

Oct 01, 2015, 15:52 PM IST

Tribunal asks Sebi to select SRO afresh for MF distributors

Setting aside Sebi's decision of granting in-principle approval to IMFI to be the Self Regulatory Organisation for mutual fund distributors, the Securities Appellate Tribunal on Wednesday directed the capital markets regulator to start the selection process afresh.

Sep 30, 2015, 12:27 PM IST

Securities Appellate Tribunal upholds $7.5 billion refund order against PACL

In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.

Aug 18, 2015, 12:24 PM IST

DLF raises Rs 1,000 crore through debentures

Realty major DLF has raised Rs 1,000 crore through non-convertible debentures, company's first capital market issuance since SAT relief, as a part of its strategy to boost internal cash flows.

Aug 12, 2015, 22:18 PM IST

Factorial allowed to access Indian markets again

Hong Kong-based hedge fund Factorial was on Friday allowed to access the Indian capital markets, more than year after it was banned by the regulator Sebi in an alleged insider trading case.

Jul 10, 2015, 22:55 PM IST

SAT adjourns hearing on Reliance case to Aug 12

The tribunal will resume hearing on the matter from August 12.

Jul 03, 2015, 18:48 PM IST

SAT asks Alchemist to submit investors' details within 2 weeks

The matter pertains to Alchemist raising Rs 2,000 crore through public in violation of Sebi's collective investment scheme norms.

Jun 17, 2015, 15:12 PM IST

Students find key error in SAT test given across US

A printing error in SAT test, widely used for college admissions in America, has triggered a barrage of complaints from students taking the exam across the US.

Jun 08, 2015, 14:26 PM IST