Supreme Court: IBC Mechanism Cannot Replace Decree Execution or Recovery Proceedings  ||  SC Orders Closure of School Over Loan Default, Directs Police-Assisted Takeover under SARFAESI Act  ||  MP HC: HC Lacks Jurisdiction to Appoint an Arbitrator in International Commercial Disputes  ||  Allahabad HC Imposes Rs 15L Costs on Husband For Filing False Affidavits in Maintenance Proceedings  ||  MP HC Directs ASI to Upload Bhojshala–Kamal Maula Survey Video on Secure Platform For Litigant  ||  Bombay HC: Public Gathering Does Not Justify Handcuffing, Awarded ?50,000 Compensation  ||  Madras HC: Woman’s Dignity Linked to Right to Shelter; Orders Restoration of Demolished Home  ||  SC: Absence of Independent Witnesses is Not Fatal if Injured Eyewitness Testimony is Sterling  ||  Supreme Court: Prosthetic Limb Costs Must Be Compensated To Restore Victims’ Dignity  ||  Supreme Court: Probate Can be Revoked For Non-Impleadment of Parties and Suppression of Facts    

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