Securities Appellate Tribunal

  • SAT sets aside Sebi order against a broker 13-09-2013 04:32 PM

    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...
  • SC pulls up Sahara for not refunding Rs 24,000 crore 17-07-2013 08:02 PM

    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 03-05-2013 12:25 AM

    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 Sahara-related cases to SC 29-04-2013 05:43 PM

    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...
  • SAT to hear Subrata Roy's plea against Sebi today 13-04-2013 07:34 AM

    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 09-04-2013 05:11 PM

    Mumbai: In the high-profile 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...
  • Sahara group moves SC against SAT order 30-11-2012 06:26 PM

    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 29-11-2012 06:38 PM

    Mumbai: The Securities Appellate Tribunal on Thursday dismissed an appeal by two Sahara group firms against Sebi in the high-profile 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...
  • SEBI changes takeover code, trigger at 25 pc 29-07-2011 07:47 AM

    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...