Rulings
SC: Rejects SEBI’s SLP against HC-order directing disclosure of documents to Co.’s minority-shareholders
SAT: Quashes Rs. 50-lakh penalty on ex-directors absent ‘wilful failure’ to comply with SEBI directions
SAT: Overturns SEBI order penalising Jio Financial Services for alleged manipulative trading
SEBI: Debars, penalises proprietors for engaging in investment advisory services without obtaining registration
SEBI: Suspends broker’s registration for indulging in proprietary trades in impermissible products
SAT: Quashes SEBI-order barring IIFL Securities, reduces Rs. 1 cr. penalty to Rs. 20 lakh
SAT: Fines SEBI Rs. 5 lakh for 'lackadaisical approach', not defreezing shares in Kirloskar matter
HC: Co.’s minority shareholders entitled to receive documents relating to SEBI proceedings
SAT: SEBI can’t inquire into professional negligence charge, if audit firm not dealing in securities
SAT: Quashes SEBI-order penalising Mukesh Ambani for manipulative-trades in RPL shares, absent "complicity, vicarious liability"