Securities Appellate Tribunal

The tribunal ruled that just a phone call could not be ground for proving that trades were done based on inside information

SAT sets aside Sebi order restraining IIFL Securities from onboarding clients for 2 years

The tribunal also reduced the penalty imposed on the brokerage from Rs 1 crore to Rs 20 lakh

SAT partly set aside Sebi's order against NSE in dark-fibre case

The case relates to the alleged differential access given to certain broking firms in the form of 'dark fibre' at NSE, to connect across the co-location facilities before other members.

SAT fines Sebi Rs 10 lakh for “failing” to investigate investor complaints against broker

SAT has asked the regulator to complete the investigation within three months from the date of the order and deposit the fine of Rs 10 lakh with the Registrar of the Tribunal within a month

Bombay Dyeing to move SAT against Sebi ruling in market ban case

Sebi, in its order, barred 10 entities, including Bombay Dyeing and its promoters — Nusli N Wadia, Ness Wadia and Jehangir Wadia– from the securities markets for up to two years and levied a fine totalling Rs 15.75 crore on them

Sebi disposes of matter against 4 persons in WhatsApp leak case

Those individuals are — Shailendra Mehta, Aditya Omprakash Gaggar, Shruti Vishal Vora and Neeraj Kumar Agarwal, the Securities and Exchange Board of India (Sebi) said in five separate orders.

SAT stays SEBI's order against NSE's ex-boss Ravi Narain in governance lapses case

The SAT further said that the amount deposited will be kept in an interest-bearing account by SEBI, which would be subject to the result of the appeal.

SAT dismisses SEBI order against HDFC Bank in BRH Wealth Kreators case

New Delhi, Feb 21 The Securities Appellate Tribunal (SAT) has quashed a Sebi order against HDFC Bank, whereby the regulator had imposed a penalty o..

SAT asks Sahara group firm, ex-directors to deposit Rs 2,000 crore with Sebi

The fund will be kept by market regulator Sebi in an escrow account. Following the deposit of the amount, the attachment order against the company and its directors would be lifted, SAT said in an order.

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

PNB Housing had filed an appeal before the SAT against the letter issued by the Securities and Exchange Board of India last month, requesting it not to go ahead with the proposal until due diligence was done.

SAT upholds Sebi's fines on Rana Kapoor, two other entities

The entities — Yes Capital (India) Pvt Ltd and Morgan Credits Pvt Ltd — were penalised by Sebi in March 2021 for not making the requisite disclosures pertaining to the encumbrance of shares.

Sebi reconstitutes Takeover Panel, appoints Deloitte India's MD N Venkatram as new member

The panel, chaired by N K Sodhi, the former chief justice of the high courts of Karnataka and Kerala, makes its recommendations to Sebi on such applications after which the regulator gives an opportunity to concerned parties before passing an order.

SAT stays Sebi's order against HDFC Bank in BRH Wealth Kreators case

The proceedings of Sebi had arisen on account of non-conformity by HDFC Bank with the directions contained in the interim order issued by Sebi against BRH Wealth Kreators and other entities on October 7, 2019.

63 Moons Technologies says SAT reserves judgement on its challenge to SEBI order

The watchdog's directions were part of an order wherein it rejected 63 Moons' application seeking renewal of approval to provide STP services on the basis of 'fit and proper' criteria.

SAT stays SEBI's Rs 6-crore fine on NSE

Securities and Exchange Board of India (SEBI), in October, levied a fine of Rs 6 crore on National Stock Exchange (NSE) for allegedly investing in six companies unrelated or non-incidental to the stock exchange business.

SAT quashes SEBI's order directing Prabhat Dairy to deposit Rs 1,292 crore

"The direction of the WTM to deposit a sum of Rs 1,292.46 crore is wholly arbitrary and has been passed without any application of mind," the tribunal said.

SAT to remain closed till August 5 amid coronavirus pandemic

Meanwhile, the tribunal will function through video conference from this Monday onwards in between 11.30 am and 4.30 pm until further orders.

SAT to remain closed till July 17 amid coronavirus pandemic

Besides, the tribunal will function from July 20 between 11.30 am and 4.30 pm and urgent cases will be heard during July 20-24.

SAT asks Axis bank, NSE to maintain status quo; to hear matter on July 3

The interim order came on an appeal by Axis Bank against a direction by the NSE to release certain securities.

SEBI cannot withhold recovered penalty if its order is set aside: SAT

In the ruling dated May 15, the tribunal directed Sebi to refund Rs 6.35 lakh to an individual after it set aside the markets regulator order.

Coronavirus lockdown: SAT to remain closed till June 12

"Consequently, the judicial work of the tribunal shall remain suspended till June 12," SAT said in a notification.

SAT to remain closed till May 15 amid coronavirus lockdown

The Securities Appellate Tribunal (SAT) will remain closed till May 15 in view of the nationwide lockdown announced by the government to prevent the spread of coronavirus.

Coronavirus pandemic: SAT to remain closed till May 1

"The tribunal will further remain closed from April 15, 2020, to May 1, 2020, in view of the extension of nationwide lockdown declared by the government on April 14 to contain the spread of COVID-19," SAT said in a notification on Tuesday.

SAT gives SEBI time till March 10 to pass final order in CG Power matter

In an interim order passed in September 2019, Sebi barred these entities for alleged misstatement of the company's accounts and diversion of funds.