SAT reduces penalty imposed on promoters and company considering inordinate delay in issuing SCN

COMPANY LAW/SEBI : Where there had been an undue delay on part of SEBI in initiating proceedings for violation of provisions of PIT Regulations but appellant-promoters had admitted alleged violation, penalty imposed on appellants was directed to be reduced considering inordinate delay in issuing show cause noticeCOMPANY LAW/SEBI : Where there had been an undue delay on part of SEBI in initiating proceedings for violation of provisions of PIT Regulations but appellant-promoters had admitted alleged violation, penalty imposed on appellants was directed to be reduced considering inordinate delay in issuing show cause noticewww.taxmann.com Latest Case LawsRead More

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