NCLAT: IRP Has Authority to Take Possession of Assets Owned by Corporate Debtor  ||  NCLAT: NCLT Can Direct Forwarding a Copy of its Order to Relevant Statutory Authorities  ||  Delhi HC: Centre to Expedite Process of Accessibility Features in OTT platforms for PwDs  ||  Delhi HC: Once Worker Provides Testimony Under Oath ‘Burden of Proof’ Shifts on Employer  ||  SC: There Cannot be Discrimination in Matter of Payment of Pension to Retired Judges  ||  SC: India is Not a Dharamshala that Can Entertain Foreign Nationals from All Over  ||  SC: Can Quash Domestic Violence Act Complaints Under Section 482 of CrPC  ||  Supreme Court: Can’t Use Statement of One Accused against Another  ||  SC: Inclusion of Name in Draft NRC Cannot Annul Foreigners Tribunal’s Declaration as Non-Citizen  ||  Supreme Court: Minimum Practice of 3 Years Mandatory to Enter Judicial Service    

Securities Appellate Tribunal Dismisses NSE Plea for Bank Guarantee to SEBI - (07 Jun 2019)

CAPITAL MARKET

Securities Appellate Tribunal (SAT) has rejected NSE's plea for allowing it to provide bank guarantee instead of transferring Rs 687 crore from escrow account to Securities and Exchange Board of India (SEBI) in Co-Location case. SAT however, granted an additional week to the exchange to comply with the May 22 order which directed NSE to transfer Rs 687 crore to SEBI within two weeks from the escrow account.

Tags : SECURITIES APPELLATE TRIBUNAL   NSE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved