Delhi HC: Writ Petition Not Maintainable Against Provisional Attachment When PMLA Remedy Exists  ||  Rajasthan HC: Magistrate Can’t Order Secured Creditor to Pay Police Expenses For Asset Possession  ||  Orissa HC: Court Can’t Permit Intervenors Without Reason or Compel Plaintiff to Join Unrelated Party  ||  Delhi HC: Section 498A IPC Applies Even if Marriage is Later Declared Invalid  ||  AP HC: State Can’t Cite Financial Constraints to Withhold Gratuity, Denying Retirees Violates Art 21  ||  Madras HC: Marriage Does Not Grant Men Absolute Authority, Woman’s Endurance is Not Consent  ||  Delhi HC: Ordinary Marital Friction or Taunts Do Not Constitute Cruelty under Law  ||  Punjab & Haryana HC: Family Property Disputes Cannot Be Resolved under Maintenance of Parents Act  ||  Delhi HC: Bribe Profits Invested in Shares Are Proceeds of Crime and Attachable under PMLA  ||  Delhi HC: 'No Coercive Steps' Does Not Mean Stay or Suspension of Investigation    

SEBI Imposes a Penalty of Rs 5 Crore on Mehul Chokshi in PNB Fraud - (28 Feb 2020)

CAPITAL MARKET

Securities and Exchange Board of India has slapped a penalty of Rs. 5 Crore on Gitanjali Gems Ltd. and its promoter, Mehul Chokshi for non- disclosures concerning the Punjab National Bank fraud.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   MEHUL CHOKSHI   PNB FRAUD  

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