Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Proceeds of crime were considered regarding the refund amount from unsuccessful IPO applications due to malpractices and manipulations by certain entities. The SEBI determined unlawful gains by taking the difference between the sale and allotment amounts, while the FIR/ECIR recorded the entire amount as 'proceeds of crime' used for cheating the public. The SEBI order was within its provisions, distinct from the Act of 2002. There were no discrepancies or contradictions in the amount mentioned in the orders. The allegation of discrimination in treatment was unsubstantiated. The appeals failed as none of the arguments raised by the appellant had merit.
Proceeds of crime were considered regarding the refund amount from unsuccessful IPO applications due to malpractices and manipulations by certain entities. The SEBI determined unlawful gains by taking the difference between the sale and allotment amounts, while the FIR/ECIR recorded the entire amount as 'proceeds of crime' used for cheating the public. The SEBI order was within its provisions, distinct from the Act of 2002. There were no discrepancies or contradictions in the amount mentioned in the orders. The allegation of discrimination in treatment was unsubstantiated. The appeals failed as none of the arguments raised by the appellant had merit.
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