Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
SEBI's master circular consolidates and updates surveillance-related circulars for the securities market, placing applicable instructions in one instrument for stock exchanges, depositories, listed companies, intermediaries and fiduciaries. It rescinds the circulars listed in the appendix to the extent they relate to surveillance of securities market, while preserving prior actions, pending applications, accrued rights, liabilities, penalties and proceedings as if the rescinded circulars remained in force. It also incorporates updated provisions on financial disincentives for surveillance lapses at market infrastructure institutions, subscription to non-convertible securities during trading window closure, and automated trading window closure for immediate relatives of designated persons on declaration of financial results.
SEBI's master circular consolidates and updates surveillance-related circulars for the securities market, placing applicable instructions in one instrument for stock exchanges, depositories, listed companies, intermediaries and fiduciaries. It rescinds the circulars listed in the appendix to the extent they relate to surveillance of securities market, while preserving prior actions, pending applications, accrued rights, liabilities, penalties and proceedings as if the rescinded circulars remained in force. It also incorporates updated provisions on financial disincentives for surveillance lapses at market infrastructure institutions, subscription to non-convertible securities during trading window closure, and automated trading window closure for immediate relatives of designated persons on declaration of financial results.
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