https://www.taxtmi.com/caselaws?id=773778 SEBI imposed monetary penalty on MCX for regulatory violations related to outsourcing requirements and disclosure obligations under SECC Regulations 2018 and SEBI Act 1992. The case involved MCX's software licensing arrangements with 63 Moons and delays in implementing the CDP Project by TCS. SEBI found MCX's transactions with 63 Moons constituted related party transactions requiring proper disclosure. However, proceedings against other noticees including key managerial personnel were disposed of without directions, with SEBI acknowledging MCX faced operational continuity challenges during the transition period. en-us Mon, 26 May 2025 00:00:00 +0530 Sat, 28 Jun 2025 08:31:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773778 SEBI imposed monetary penalty on MCX for regulatory violations related to outsourcing requirements and disclosure obligations under SECC Regulations 2018 and SEBI Act 1992. The case involved MCX's software licensing arrangements with 63 Moons and delays in implementing the CDP Project by TCS. SEBI found MCX's transactions with 63 Moons constituted related party transactions requiring proper disclosure. However, proceedings against other noticees including key managerial personnel were disposed of without directions, with SEBI acknowledging MCX faced operational continuity challenges during the transition period. Case-Laws SEBI Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773778