Securities Appellate Tribunal

Trading In Inter Globe Finance To Resume From August 21

Business | Press Trust of India | Sunday August 20, 2017

Sebi had on August 7 asked stock exchanges to restrict trading in shares of 331 "suspected shell companies".

Tribunal Orders 'Status Quo' On Insurance Regulator's Sahara Life Directive

Business | Press Trust of India | Monday July 31, 2017

Sahara Life Insurance was represented by law firm Markand Gandhi & Co.

Have A Strong Case Against Sebi Order, Says Reliance Industries

Business | Pres Trust of India | Monday March 27, 2017

Reliance Industries also reiterated to file an appeal against the Sebi order in the Reliance Petroleum case before the Securities Appellate Tribunal.

Reliance Industries Shares Fall 3% As Sebi Bars Company From F&O Market

Business | Press Trust of India | Monday March 27, 2017

Reliance Industries Ltd (RIL) said it will challenge the order before the Securities Appellate Tribunal and termed Sebi directions as "unjustifiable sanctions".

Tribunal To Hold Final Hearing On DLF Plea In September

Business | Press Trust of India | Thursday July 14, 2016

Securities Appellate Tribunal (SAT) will hold on September 13 the final hearing on realty major DLF's plea against the Rs 86 crore penalty imposed on it by capital market regulator Sebi.

Sebi Says No To Alchemist's Deadline Extension Plea On Refund

Business | Press Trust of India | Wednesday June 15, 2016

Sebi had directed the firm to refund the money illegally raised from investors within three months. Later, the timeframe was extended to 18 months by the Securities Appellate Tribunal (SAT).

Government Plans To Amend Sebi Act For More Members, Benches Of SAT

Business | Press Trust of India | Thursday June 9, 2016

A proposal to amend the Act will soon be placed before the Cabinet for its approval, sources said. This will pave the way for more benches and members for SAT.

SAT Sets Aside Sebi Order Against AKG Securities

Business | Press Trust of India | Friday March 25, 2016

Securities Appellate Tribunal (SAT) has set aside a Sebi order against AKG Securities and Consultancy, which was fined Rs 10 lakh for indulging in fictitious self trades in shares of Onelife Capital Advisors Ltd (OCAL).

PACL Promoter Approaches Tribunal Against Sebi's Recovery Order

Business | Press Trust of India | Thursday December 31, 2015

Facing heat from multiple agencies in the country's biggest illegal fund-mobilisation case involving nearly Rs 60,000 crore, PACL's Nirmal Singh Bhangoo on Wednesday approached the Securities Appellate Tribunal (SAT) against Sebi's recovery proceedings to collect funds due to investors.

RIL Group Firm Gets Tribunal Breather over Insider Trading Penalty

Business | Press Trust of Inda | Tuesday December 8, 2015

In a relief to the Mukesh Ambani-led Reliance Industries Limited (RIL) group, the Securities Appellate Tribunal (SAT) has quashed a Sebi order imposing Rs 11-crore penalty on Reliance Petroinvestments. It also asked the market regulator to pass another direction within three months after looking into the matter afresh.

Tribunal Defers Hearing on DLF Plea till November 24

Business | Press Trust of India | Thursday October 1, 2015

In one of its biggest penalty in a single case, Sebi in February had slapped fines totalling Rs 86 crore on DLF, its top executives, their family members and various other related entities for fraudulent transactions to mislead IPO investors back in 2007.

DLF Shares Jump 17% on Rs 375-Crore Fund Raising

Business | Press Trust of India | Tuesday August 25, 2015

Since last three-four years, DLF has been raising funds through sale of non-core businesses and land parcels to cut debt and boost cash flows for meeting construction costs. It has raised over Rs 10,000 crore through these measures.

Tribunal Upholds Rs 49,100 Cr Refund Order Against PACL

Business | Thomson Reuters | Tuesday August 18, 2015

The Securities Appellate Tribunal (SAT) has upheld a decision by the Securities and Exchange Board of India (Sebi) ordering property developer PACL to return $7.5 billion to investors, in a case seen as a test of the market watchdog's ability to clamp down on unregulated investment products.

Factorial Allowed to Access Indian Markets Again

Business | Press Trust of India | Sunday July 12, 2015

Hong Kong-based hedge fund Factorial Master Fund has been allowed to access the Indian capital markets, ending more than a year-long ban by capital market regulator Securities and Exchange Board of India Sebi in an alleged insider trading case.

Tribunal Adjourns Hearing on Reliance Industries Case to August 12

Business | Press Trust of India | Saturday July 4, 2015

The Securities Appellate Tribunal (SAT) on Friday adjourned its hearing on Reliance Industries' appeal challenging a Rs 13-crore penalty imposed by the Securities and Exchange Baord of India (Sebi) for alleged non-disclosure of a key earnings ratio by the Mukesh Ambani-led conglomerate.