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Friday, September 24, 2021

Securities Appellate Tribunal

SECURITIES APPELLATE TRIBUNAL NEWS

Sebi-PNB Housing Finance case: SAT verdict split, interim order to continue

August 10, 2021 9:49 am

In its interim order, the SAT had restricted PNB Housing from declaring the results of shareholders’ votes on the deal with Carlyle.

No error of judgement in PNB Housing Finance deal: Rao

August 04, 2021 10:50 am

While speaking at a conference on the bank’s June quarter earnings, Rao said PNB is awaiting a decision from the Securities Appellate Tribunal (SAT) on the PNB Housing Finance-Carlyle deal

SAT to hear matter on PNB Housing-Carlyle deal next week

July 06, 2021 12:19 pm

"As sought by the company, the Securities Appellate Tribunal, in its hearing on July 5, 2021, adjourned the case for Monday, July 12, 2021," PNB Housing Finance said in a regulatory filing on Tuesday.

Franklin Templeton exec gets relief on India regulator ban

July 02, 2021 11:50 am

In an appeal heard by the Securities Appellate Tribunal on Thursday, Kudva argued he acted only on public information. SEBI objected to his position, but the tribunal judges decided to put the ban on hold while his appeal his heard.

PNB Housing Finance approaches SAT against Sebi order to halt Carlyle deal

June 21, 2021 2:15 pm

"Please note that company has filed an appeal before the Securities Appellate Tribunal against the letter issued by the Sebi on June 18, 2021," it said in a filing on Monday.

SAT directs NDTV's Prannoy Roy, Radhika Roy to deposit 50% of disgorged amount

January 11, 2021 3:06 pm

In two separate orders passed on January 4, the tribunal noted that the appeals filed by the Roy couple needed consideration and directed the appeals to be listed before the tribunal for final disposal on February 10, 2021.

SAT to remain closed till August 5 amid coronavirus pandemic

July 20, 2020 3:03 pm

Earlier, the tribunal had said it would remain closed till July 17.

Hold back remaining stocks of Karvy clients, SAT directs NSDL

December 04, 2019 5:08 am

Banks claimed that such “unilateral” transfer of shares, which are pledged with them as securities for borrowings, will deeply impact the entire business of loans against shares and will prevent them from undertaking this business.

Karvy case: SAT suspends further transfer of clients' securities

December 03, 2019 3:21 pm

The move comes a day after the market regulator Sebi's directive to NSDL to transfer the investors' securities, held by Karvy Stock Broking Ltd (KSBL), in their respective accounts.

Securities Appellate Tribunal quashes IRDAI order on transfer of Sahara Life business

January 12, 2018 2:32 am

SAT also observed that “appointment of an administrator is purely a temporary measure by IRDAI, primarily to bring the affairs of the insurer back on right track and thereby protect the interests of the policyholders”.