NCLT Kochi: Liability of Personal Guarantor Cannot Exceed Contractual Limit  ||  NCLT Ahmedabad: Must Determine Related Party Status When Insolvency Proceedings Commence  ||  Ker. HC: 'Immediate Official Superior' under NDPS Act must be Interpreted in Relation to the Context  ||  J&K HC: In Cases Involving Narco-Terror Links, Cannot Grant Bail Merely Due to Delay in Trial  ||  J&K HC: Civil Courts Can Hear Waqf Disputes if Waqf Tribunal Does Not Exist  ||  J&K HC: Can’t Invoke Principle of ‘No Work, No Pay’ When Termination is Illegal  ||  Rajasthan HC: Should Not Penalize Party Due to Negligence of Legal Counsel  ||  Delhi High Court Passes John Doe Order Restraining Infringement of ‘Tata’ Trademarks  ||  Delhi HC: Dealing in Crypto Currency Has Profound Implications on Economy of the Country  ||  SC: If Citizens Want to Enjoy Fundamental Right it Should be With Reasonable Restrictions    

SEBI Levies Fine on Karvy Financial Service Ltd. for Delay in Announcing Acquiring of Shares - (30 Jul 2021)

CAPITAL MARKET

Securities and Exchange Board of India has levied a fine of Rs 10 lakh on Karvy Financial Services Ltd for delay in making public announcement to acquire shares of Regaliaa Reality Ltd., stating that by not making the mandatory public announcement within the stipulated time period the Noticee has violated the statutory requirements of law.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   KARVY FINANCIAL SERVICES LTD  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved