Supreme Court: General Fraud Allegations Cannot Extend Limitation under Section 74 CGST Act  ||  SC: ‘No Coercive Steps’ Order Cannot Restrain Filing of Charge Sheet  ||  Chhattisgarh HC: Maintenance for Autistic Child May Continue Beyond 18 Until Self-Sufficient  ||  P&H HC: 45-Day Delay in Informing Detenue of Representation Right Violates Article 22(5)  ||  Rajasthan HC Bars Courts from Protecting those Responsible for Building Defects at their Own Peril  ||  Allahabad HC: Clarification Issued Before Decision Applies to Pending Tender Complaints  ||  Allahabad HC: Father’s Custody Cannot be Denied without Proof of Guardianship Unfitness  ||  Bombay High Court: Each Petitioner Must Pay Court Fee Where Causes of Action are Separate  ||  P&H High Court: Counsel’s Ignorance of Readily Available Prior Litigation Amounts to Dereliction  ||  SC: Amendments to Government Orders Must Be Construed Fairly to Prevent Hardship    

SAT Sets Aside Rs 3 Lakh Penalty on Central Bank of India - (10 Sep 2019)

CAPITAL MARKET

Securities Appellate Tribunal (SAT) has set aside a penalty of Rs 3 lakh levied by markets regulator Securities and Exchange Board of India(SEBI) on Central Bank of India for the violation of debenture trustee norms. It was noted by SAT that SEBI had let off the lender on censure for the violations.

Tags : SAT   CENTRAL BANK OF INDIA  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved