Settlement

Under the settlement regulations, parties settle the case without admitting or denying the guilt and by paying an amount determined by the regulator as per a formula.

Two insider trading cases involving Adani shares settled with Sebi

Under Sebi’s settlement regulations parties can settle cases with regulator without admitting or denying the guilt by paying settlement fee, which is based on a formula.

Settlement scheme for brokers over unregistered algo association extended by a month

The Scheme was initially valid from June 16 to September 16, but in view of growing interest from market participants, the timeline has been extended by another month.

Market participants seek protocol after September’s last-minute holiday change shook the settlement system

Earlier in September, while the stock exchanges were open, due to a holiday at banks and clearing houses, the settlement of trades was impacted, leaving investors waiting for their funds.

Brookprop Management Services settles case with SEBI in Brookfield REIT matter

The case highlights Sebi’s continuing scrutiny of REITs and adherence to rules governing distribution practices

KFin Tech settles case with Sebi for Rs 87.75 Lakh

Sebi's inspection report alleged that the company failed to exercise due diligence while processing requests for dematerialisation of shares

More market offenders settled with Sebi last year, as tighter enforcement resulted in nearly three applications a day

Sebi's annual report has shown that on an average three settlement applications were filed last year, almost double compared to FY24, as enforcement and investigation by the regulator improved, making it difficult for offenders to contest charges.

Ahead of its proposed IPO, NSE settles inspection case with Sebi with a Rs 40.35 crore payment

The NSE is planning for an IPO, and has filed a settlement application with Sebi for the same. After settlement application is approved, Sebi will get green signal to file for IPO application.

Forex platform OctaFX India settles case with SEBI

OctaFX was also under ED scan, ED had filed charge sheet against in the OctaFX forex case against 13 individuals and 41 companies.  

Sebi offers settlement scheme for brokers who associated with unregulated algo platforms

As the violations were more of an industry-wide practice than a major infraction, Sebi is likely to notify a lower settlement amount possibly of Rs 1 lakh for each case under the scheme.

Six entities pay Rs 3.49 crore to settle front-running trade case with Sebi

The case involved suspected front-running of trades January 2021 to October 2022, and as part of the settlement, the six entities have also voluntarily debarred themselves from the securities markets for six months.

NCLAT defers settlement between Byju Raveendran and BCCI after lenders sound alarm

The US-based lenders of Byju's have requested NCLAT not to accept the settlement, saying it is 'tainted' and is being paid from 'stolen money'

Explainer: What next for FPIs with past Adani links post settlement plea?

It is noteworthy that Adani stocks have hardly reacted to news reports of FPIs with past exposure to Adani stocks seeking a settlement. Since April 22, the Adani Group stocks have traded flat indicating that the market has put the episode behind it

NCLT asks Byju's to settle dispute with Teleperformance within a week

If the dispute is not settled by then, the tribunal would hear the case on merits and pass an order accordingly. The case will now come up for hearing on April 30.

NCLT defers hearing as SBI's top management considers PC Jeweller's settlement offer

According to SBI. there have been some 'developments' in settlement talks with PC Jeweller. The case is now likely to come up for hearing on January 29.

Engine lessor moves plea in Delhi HC against SpiceJet over non-compliance of undertaking

The application is now likely to come up for hearing on December 19.

SEBI settles 185 violations, collects Rs 125.56 cr in FY23

A total of 185 applications related to violations of securities regulations were resolved through settlements with the capital markets regulatory body, SEBI, in the fiscal year 2023

Jeffrey Epstein victims settle sex trafficking lawsuit against JPMorgan for $290 million

Epstein was arrested in 2019 on federal charges accusing him of paying underage girls hundreds of dollars in cash for massages and then molesting them at his homes in Florida and New York.

Supreme Court adjourns Credit Suisse's contempt plea against cash-strapped SpiceJet

The case has now been adjourned to July 18.

The Competition (Amendment) Act: It’s ‘Settled’ now, and ‘Committed’ to the cause of competition in India

The introduction of the settlement and commitment regime should enable the CCI to conclude trials quickly and place its focus on specific sectors and matters, which, it believes, require more time and resources.

Ending money transfers to brokers will increase transaction costs

Sebi’s proposal seeks to reduce misuse of funds and broker defaults but will make difficult for discount brokers

Chintels Paradiso still await 'order of settlement' with builder; urge authorities to expedite the process

Residents are demanding either good enough compensation to buy a comparable apartment in the same or similar location, or give them new flats at the same site.

Sebi brings in net settlement of cash, F&O segment upon expiry

The move is aimed at providing better alignment of cash and derivatives segment, mitigation of price risk in certain cases and netting efficiencies for market participants, the Securities and Exchange Board of India (Sebi) said in a circular.

Centre orders Telangana to pay Rs 6,756 crore power dues to AP; KCR govt cries foul

The dues pertained to the power supplied between June 2, 2014 to June 10, 2017 by APGenco (Andhra Pradesh Power Generation Corporation) to Telangana DISCOMS as per the provisions of the AP Reorganisation Act.

SpiceJet settles with Boeing 737 MAX aircraft lessor Goshawk Aviation

The parties have agreed to settle all their disputes under and related to the aircraft lease agreements for 3 aircraft. The agreement, the terms of which are confidential, ends all litigation proceedings between the parties.