SC: CIRP Can Continue Despite Fraudulent Insolvency Plea That Triggered It  ||  Delhi HC: Senior Citizen May Seek Eviction of Daughter-in-Law for Ill-Treatment  ||  Delhi HC: Mere Possession of Visa Does Not Confer an Unconditional Right to Enter India  ||  Delhi HC: Every Insensitive or Objectionable Matrimonial Act Does Not Amount to Cruelty  ||  J&K&L HC: Fake Driving Licence Does Not Exonerate Insurer If Driver Has a Valid Licence  ||  P&H HC: Safety Council Report and CCTV Cannot Be Rejected at Charge Stage for Lack of Proof  ||  Delhi High Court Stays Rs. 213 Crore SAIL Payout to British Firm over Unstamped Arbitral Award  ||  Allahabad HC: Bar Council Cannot Suspend Advocate’s Licence Pending Disciplinary Inquiry  ||  SC: CIRP Need Not Be Set Aside Solely for Fraudulent Filing of Section 9 Plea  ||  Supreme Court: Compromise Decree Passed Without Impleading Necessary Party is Void    

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 2026 - All Rights Reserved