SAT throws out RIL plea, blasts SEBI for arbitrariness
The Securities Appellate Tribunal Monday upheld a Sebi decision rejecting Reliance Industries Ltd's application to settle alleged violations of norms to check fraudulent and unfair trade practices in the RIL-Reliance Petroleum merger case through a consent mechanism.
Jun 30, 2014, 16:12 PM ISTSAT concludes hearing of FTIL appeal, reserves order
The Securities Appellate Tribunal Thursday concluded the hearing and reserved its order on the Financial Technologies' appeal against a Sebi order declaring it unfit to own any stake in market infrastructure institutions like stock exchanges and clearing corporations.
Jun 26, 2014, 23:08 PM ISTRIL insider-trading case: SAT ends hearing, verdict on Jun 30
A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer JP Devdhar, on Thursday concluded the hearing on the nearly four-year- long insider trading case against Reliance Industries and said it will pronounce the order on June 30.
Jun 26, 2014, 18:04 PM IST