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 Orders: Aspen Projects, Royal Twinkle Star Club, Aditya Global Industries and Nikhara Bharath Construction Company- (Securities and Exchange Board of India) (25 Aug 2015)

MANU/SPRL/0221/2015

Capital Market

The Securities and Exchange Board of India passed orders restraining the following companies and their directors from dealing in the securities market: Aspen Projects India Limited; Royal Twinkle Star Club Limited; and, Aditya Global Industries Limited (previously Angels Agro Industries Limited). SEBI also confirmed interim directions issued against Nikhara Bharath Construction Company Ltd., with the modification that there is no hindrance to Nikhara in the execution and registration of sale deeds in respect of customers from whom it had already collected monies.

Relevant : Order in Aditya Global Industries Limited MANU/SPRL/0224/2015 Order in Royal Twinkle Star Club Limited MANU/SPRL/0222/2015 Order in Nikhara Bharath Construction Company Ltd. MANU/SPRL/0223/2015

Tags : SEBI   ORDER   RESTRAINT   MODIFICATION  

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