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SECURITIES APPELLATE TRIBUNAL
Insider trading: Supreme Court upholds SAT clearance to Biocon MDThe Supreme Court has backed a tribunal's decision, clearing Biocon's managing director, Shreehas P Tambe, of insider trading allegations f...
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
NCLAT offers Supreme Housing & Hospitality final chance to settle Canara duesSupreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has o...
Suzlon Energy shares crack 5% after Rs 29 crore Sebi fine for misleading financials; company clarifiesSuzlon Energy shares 5% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting ...
'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SATSuzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged ac...
Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery orderIn a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court ...
Sebi drops case against NDTV for disclosure lapseThe Securities and Exchange Board of India has closed its case against NDTV. This action relates to alleged disclosure failures concerning ...
Supreme Court provides relief to Reliance in 2007 securities market fraud caseReliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the marke...
Sebi drops disclosure case against NDTV, closes proceedings without penaltySebi has closed adjudication proceedings against NDTV without penalty, concluding the company did not violate disclosure requirements. The ...
SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
Supreme Court upholds CCI order, clears NSE of anti-competitive practices in co-location caseThe Supreme Court has backed the Competition Commission of India's decision. This means no investigation will occur against the National St...
Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution planAdani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This la...
Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore totalAdani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution...