Calcutta HC: Employee Looking for Another Job with Rival Company Isn’t Contrary || Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered || Allahabad HC: Can’t Call Hindu Marriage Invalid Only because it Isn’t Registered || Allahabad HC: No Power on Police to Open History-Sheet on Likes or Dislikes || Rajasthan HC Puts Stay on Installation of Dairy Booth Outside Private Residence || Calcutta HC: Cannot Summon Accused to Produce Incriminating Evidence against Himself || Kerala HC Upholds STA’s decision mandating installation of cameras with Fatigue Detection Censors || SC: Executive Instructions Cannot Override Statutory Recruitment Processes || Delhi Lieutenant Governor’s Notification regarding Evidence of Police officers Put on Hold || SC Issues Notice in Plea to Bring Bar Councils under POSH Act

SEBI order in the matter of M/s Magnox Infraprojects Limited- (Securities and Exchange Board of India) (17 Aug 2015)

MANU/SPRL/0211/2015

Capital Market

The Securities and Exchange Board of India passed an order restraining M/s Magnox Infraprojects Limited and its directors from dealing in the securities market. Magnox and its directors have been directed to refund the money collected through issuance of Redeemable Preference Shares, with interest, and to not access the capital market in any manner. The restraining order will remain in effect till four years after the completion of refunds.

Tags : SEBI ORDER RESTRAINT REFUND

Share :