Rulings
SAT: Sets aside SEBI order restraining promoters of Kirloskar Brothers for insider trading
SEBI: Penalises Director for being party to fraudulent GDR issue by Company
SC: Stock Brokers required to obtain registration-certificate for each Stock Exchange where they operate
SAT: Reduces SEBI’s ‘excessive’ penalty on Co. for alleged involvement in fraudulent GDR issue
SEBI: Cancels Stock-Broker’s registration for not adhering to regulatory obligations, displaying “non-compliant attitude”
SEBI: Cancels CRA Brickwork Ratings’ registration, directs winding down of operations within 6 months
SAT: Modifies SEBI-order restraining Investment Advisors for violations committed prior to IA Regulations
SEBI: Order not in compliance with mandatory SEBI-Act provisions against ‘investor protection’ mandate
SEBI: Penalizes, bans Gautam Thapar, others for fund-diversion, misrepresentation in CG Power case
SEBI: Ceases proceedings against 2-individuals in “WhatsApp leaks” case concerning Infosys results