SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met  ||  SC: Personal Hearing Not Required Before Banks Declare Account ‘Fraud’  ||  Supreme Court Faults UCO Bank For Attempt to Stall Employee’s VRS Through Show Cause Notice  ||  SC: PwD Post in Unreserved Category Can be Filled by SC/ST/OBC Candidates With Disabilities  ||  Delhi HC: FSSAI Has No Authority to Regulate Animal Feed  ||  Gauhati HC: Adult Son Pursuing Studies is Not Entitled to Maintenance under Section 125 CrPC  ||  Cal HC Upholds Divorce, Rules False Cases by Wife And 17-Year Separation Constitute Mental Cruelty  ||  Supreme Court: Calling Someone ‘Bastard’ In Heated Exchange Isn’t Obscenity under IPC Section 294  ||  Supreme Court: Even a Single Tainted Public Work Award Violates Article 14  ||  Supreme Court Upholds Lease Cancellation, Denies Relief for Failure to Develop Allotted Land    

Securities Appellate Tribunal Upholds SEBI’s Order Levying Fine on PACL Limited - (15 Jan 2020)

CAPITAL MARKET

Securities Appellate Tribunal has upheld the order of Securities and Exchange Board of India levying a fine of Rs. 2423 Crores on four directors of PACL Limited for illegal fund mobilization through various schemes from the public.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   SECURITIES APPELLATE TRIBUNAL   PACL LIMITED  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved