Securities Appellate Tribunal

  • SAT sets aside Sebi order against a broker September 13, 2013

    Mumbai: The Securities Appellate Tribunal (SAT) on Friday quashed market regulator Sebi's order against an individual in a case related to fraudulent trade practices and violation of broker norms. In 2012, the Securities and Exchange Board of India (Sebi) had imposed a total penalty of Rs 3.50 lakh on Rajesh N...
  • SC pulls up Sahara for not refunding Rs 24,000 crore July 17, 2013

    New Delhi: The Supreme Court on Wednesday pulled up Sahara group for not refunding Rs 24,000 crore to investors and said that Sahara chief Subrata Roy and directors of its two companies will have to appear before it if its order is not complied with. A bench of justices KS...
  • Supreme Court stays proceedings on Sahara group's petition May 3, 2013

    New Delhi: The Supreme Court on Thursday stayed proceedings on pleas filed by Sahara group and its chief Subrata Roy against refunding Rs 24,000 crore to investors and attachment of their properties after the SEBI accused them of approaching different forums for delaying the process. A bench comprising by Justices...
  • SEBI seeks transfer of all Sahararelated cases to SC April 29, 2013

    New Delhi: The Securities and Exchange Board of India (SEBI) on Monday filed a fresh petition in the Supreme Court seeking all cases related to two Sahara firms be heard by the court itself. According to SEBI, the SC was in best position to interpret its own order and all petitions...
  • SAT to hear Subrata Roy's plea against Sebi today April 13, 2013

    Mumbai: The Securities Appellate Tribunal (SAT) will on Saturday hear Sahara Group chief Subrata Roy's plea against market regulator Sebi's attachment order of his bank accounts and other assets, along with those of two group firms and their top executives. The Tribunal will on Saturday hold its "preliminary hearing" of...
  • SEBI summons Sahara chief Subrata Roy on Wednesday April 10, 2013

    Mumbai: In the highprofile refund case involving an estimated Rs 24,000 crore payment to over three crore investors, Sahara group's chief Subrata Roy and other top executives have been summoned for personal appearance on Wednesday before the market regulator SEBI. The summons for personal appearance of Roy and three other directors...
  • SAT set for final hearing in Sahara Group case March 26, 2013

    New Delhi: The Securities Appellate Tribunal is set for the final hearing in the Sahara Group case on Tuesday. Sahara Group chief Subrata Roy had filed a plea challenging Sebi's attachment order on his bank accounts and other assets. The matter relates to a Supreme Court direction ordering refund of more...
  • SEBISahara case: Final hearing on Subrata Roy's plea March 23, 2013

    Mumbai: The Securities Appellate Tribunal will begin on Saturday the final hearing on a plea by Sahara chief Subrata Roy against market regulator SEBI's attachment order on his bank accounts and other assets, along with those of two group firms and their top executives. The matter relates to a Supreme...
  • SAT refuses to give interim relief to Sahara March 12, 2013

    New Delhi: The Securities Appellate Tribunal on Tuesday posted for March 23 its final hearing on a plea by Sahara chief Subrata Roy against market regulator Sebi's attachment order on bank accounts and properties of two group firms and their top executives. The matter relates to a Supreme Court direction...
  • Tribunal to hear appeal by Sahara's Subrata Roy March 6, 2013

    Mumbai: The Securities Appellate Tribunal will hear an appeal by industrialist Subrata Roy Sahara on Thursday, whose group is entangled in a long-running case with market regulator Sebi in connection with refund of money raised from public through issuance of bonds. While the details of the petition could not be...
  • SAT adjourns RILSEBI case till January 24 January 11, 2013

    Mumbai: The Securities Appellate Tribunal (SAT) on Friday adjourned hearing on Reliance India Ltd's (RIL) appeal against Securities and Exchange Board (SEBI) of India till January 24, after the market regulator sought more time to study the petition in a case related to its rejection of a settlement plea by...
  • Sahara group moves SC against SAT order November 30, 2012

    New Delhi: Sahara Group on Friday moved the Supreme Court against the order of the Securities Appellate Tribunal (SAT) dismissing its appeal against market regulator SEBI in a case involving refund of about Rs 24,000 crore with interest to about three crore investors. A bench headed by Chief Justice Altamas...
  • Tribunal dismisses Sahara group appeal against Sebi November 29, 2012

    Mumbai: The Securities Appellate Tribunal on Thursday dismissed an appeal by two Sahara group firms against Sebi in the highprofile case involving refund of about Rs 24,000 crore with interest to about three crore investors. Sahara firms in their appeal had sought the tribunal's intervention in refund of investors' money...
  • SC admits Sahara's plea challenging SAT order January 9, 2012

    New Delhi: The Supreme Court on Monday admitted Sahara group's plea challenging the Securities Appellate Tribunal (SAT) order directing its two companies to refund around Rs 17,400 crore to their investors, and extended its interim order to stay tribunal's decision till further date. Admitting Sahara's plea, a bench headed by Chief...
  • SEBI changes takeover code, trigger at 25 pc July 29, 2011

    Mumbai: India raised the ownership trigger for a mandatory takeover offer in a company to 25 per cent from 15 per cent now, a move that could draw more private equity and other investors into listed companies. The chairman of the Securities and Exchange Board of India (SEBI) also said the...
  • Tribunal stays Sebi's orders in IPO scam June 17, 2007

    New Delhi: The Securities Appellate Tribunal on Friday asked the Securities and Exchange Board of India (Sebi) to complete the inquiry first before passing the disgorgement order in IPO scam issued against depository participants. Eventually, the Tribunal has stayed Sebis disgorgement orders against two depositories, National Securities Depository and Central Depository...