Settlement applications not to be revived if applicant itself withdrew same but fresh application could be filed: HC

COMPANY LAW/SEBI : Where issued a show cause notice under Section 11B of the SEBI Act, 1992 on noticing fraud committed by petitioner company in issue of Global Depository Receipts (GDRs) within meaning of regulation 4 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 and applicant filed application for settlement in terms of SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014, howeverCOMPANY LAW/SEBI : Where issued a show cause notice under Section 11B of the SEBI Act, 1992 on noticing fraud committed by petitioner company in issue of Global Depository Receipts (GDRs) within meaning of regulation 4 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 and applicant filed application for settlement in terms of SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014, howeverwww.taxmann.com Latest Case LawsRead More

Leave a Reply