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    

Federal-Mogul Open Offer Case: SAT Rejects Tenneco Appeal, Asks to Deposit Amount Within 4 Weeks - (08 Nov 2019)

CAPITAL MARKET

Securities Appellate Tribunal has rejected appeals against Securities and Exchange Board of India’s order for an higher open offer price for shareholders of Federal-Mogul following its acquisition by US-based Tenneco Inc and has asked the acquirer to deposit the amount within four weeks in the escrow account.

Tags : SAT   FEDERAL-MOGUL  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved