22 April 2024


Search Results for Tag : Promoters

Notifications & Circulars

Restrictions on Promoters and Whole-Time Directors of Compulsorily Delisted Companies Pending Fulfillment of Exit Offers to the Shareholders(07.09.2016)

In terms of section 21A of the Securities Contracts (Regulation) Act, 1956 (SCR Act) read with rule 21 of the Securities Contracts (Regulation) Rules,.....

Tags : Restrictions, Promoters, Delisted Companies, Investors interest, Protection

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News

Reserve Bank of India Approves Kotak Mahindra’s Proposal to Trim Stake of Promoters(20.02.2020)

Reserve Bank of India has given final approval to Kotak Mahindra Bank’s proposal on reducing promoters’ stakes and capping their voting rights.

Tags : Reserve Bank of India, Kotak Mahindra Bank, Promoters Shareholding

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SC Refuses Bail to Unitech Promoters(24.01.2019)

Supreme Court has refused bail to Unitech promoters Sanjay Chandra and Ajay Chandra in a case relating to alleged siphoning off the home-buyers' money.....

Tags : Supreme Court, Unitech Promoters

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SC Exempts NDTV Promoters from Making Deposit Before SAT in Appeal Against Penalty by SEBI(15.02.2021)

Supreme Court has exempted NDTV promoters Prannoy Roy & Radhika Roy, from making deposit before the Securities Appellate Tribunal(SAT) for hearing the.....

Tags : Supreme Court, NDTV promoters Prannoy Roy & Radhika Roy

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Advance Received from Promoters in Cash Through Current Accounts Not violation of S. 269SS: ITAT(04.04.2019)

Income Tax Appellate Tribunal (ITAT), Chennai has held that no penalty can be imposed for receiving advances from the promoters in cash through their .....

Tags : ITAT, Section 269SS, Promoters

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INSOLVENCY - NCLT Seeks Views on Sterling Biotech Promoters’ Offer(15.03.2019)

National Company Law Tribunal (NCLT) has directed government, regulators, and investigation agencies to clear their stand before dedicated bankruptcy .....

Tags : NCLT, Sterling Biotech Promoters

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INSOLVENCY - NCLT Seeks Views on Sterling Biotech Promoters’ Offer(15.03.2019)

National Company Law Tribunal (NCLT) has directed government, regulators, and investigation agencies to clear their stand before dedicated bankruptcy .....

Tags : NCLT, Sterling Biotech Promoters

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INSOLVENCY - Sterling Biotech: NCLT Slams Andhra Bank over OTS Proposal(15.03.2019)

National Company Law Tribunal (NCLT) has pulled up Andhra Bank for accepting a 'One Time Settelement' (OTS) offer from absconding promoters of Gujarat.....

Tags : NCLT, Sterling Biotech Promoters, Andhra Bnak

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SAT, Mumbai Directs NDTV Promoters to Deposit 50% of Disgorged Amount Before SEBI(12.01.2021)

Securities Appellate Tribunal, Mumbai has directed the two NDTV promoters, Prannoy Roy and Radhika Roy to deposit 50% of the disgorged amount before t.....

Tags : Securities Appellate Tribunal, NDTV Promoters

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SEBI Notifies Promoters and Directors Dealings to be Brought Under System Driven Disclosures(17.06.2021)

Securities and Exchange Board of India has decided to bring listed companies' promoters and directors' dealings in listed debt securities under the pu.....

Tags : Securities and Exchange Board of India, Promoters and Directors Dealings

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SC: Can’t Set Aside Decision to Allot Additional Shares Merely Because Promoters Have Also Benefited(23.06.2023)

Supreme Court has held that largely disproportionate allotment of rights share in favour of one group of shareholders can’t be set aside merely becaus.....

Tags : Supreme Court, Promoters, Shareholding, Shares, Allotment

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Reserve Bank of India Allows Kotak Bank to Retain 26% Promoter Stake(31.01.2020)

Reserve Bank of India has allowed Kotak Mahindra Bank’s founder Uday Kotak to retain 26 % promoter stake in a dispute over the bank’s promoter shareho.....

Tags : Reserve Bank of India, Kotak Mahindra Bank, Promoters Shareholding

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Delhi HC Agrees to Maintain Confidentiality of Ex- Ranbaxy Promoters in Daiichi Case(04.10.2016)

Delhi HC has allowed application seeking confidentiality of asset declaration made by Malvinder Singh & Shivinder Singh, Ex-Ranbaxy promoters and othe.....

Tags : Delhi HC , Rs. 2562 crore Singapore arbitration award, Ex- Ranbaxy Promoters

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SC Sets Aside Delhi HC Orders Initiating Coercive Steps Against Companies and Promoters Biyani(01.02.2022)

Supreme Court has set aside the orders of the Delhi High Court which initiated coercive steps against the companies and its promoters Biyanis for alle.....

Tags : Supreme Court, Coercive Steps Against Companies and Promoters Biyani

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CCI Rejects Complaint of Unfair Trade Practices Against Aura Real Estate and Waghere Promoters(11.01.2016)

Competition Commission of India (CCI) has rejected allegations of abuse of dominant position made against Aura Real Estate and Waghere Promoters relat.....

Tags : Competition Commission of India, Waghere Promoters, Aura Real Estate

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SC Permits Unitech Promoters to Have Video Conference Meeting Every Fortnight(11.02.2022)

Supreme Court has permitted Unitech promoters Sanjay and Ajay Chandra to have one video conferencing meeting every fortnight with their lawyers for a .....

Tags : Supreme Court, Unitech Promoters

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