https://www.taxtmi.com/caselaws?id=266630 The tribunal upheld the penalty imposed on the appellant under section 15C of the SEBI Act for non-compliance with SEBI directives, despite subsequent rectification. The penalty of Rs. 3 lac was considered reasonable, given mitigating circumstances, and the tribunal emphasized the necessity for listed companies to promptly adhere to SEBI regulations. The appeal was dismissed, affirming the adjudication order and underscoring the significance of timely compliance with SEBI requirements. en-us Thu, 30 Jul 2015 00:00:00 +0530 Thu, 22 Oct 2015 15:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266630 The tribunal upheld the penalty imposed on the appellant under section 15C of the SEBI Act for non-compliance with SEBI directives, despite subsequent rectification. The penalty of Rs. 3 lac was considered reasonable, given mitigating circumstances, and the tribunal emphasized the necessity for listed companies to promptly adhere to SEBI regulations. The appeal was dismissed, affirming the adjudication order and underscoring the significance of timely compliance with SEBI requirements. Case-Laws Companies Law Thu, 30 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266630