Securities Appellate Tribunal upholds $7.5 billion refund order against PACL

Last Updated: Tuesday, August 18, 2015, 12:24

In its order, SEBI said PACL was selling fixed-return investment products disguised as land-for-fund schemes. It told the firm to return 491 billion rupees ($7.52 billion) it raised from 58.5 million customers.

SAT adjourns hearing on Reliance case to Aug 12

Last Updated: Friday, July 3, 2015, 18:48

The tribunal will resume hearing on the matter from August 12.

Sebi bars Karvy Stock Broking from taking new work for 1 year

Last Updated: Monday, June 15, 2015, 18:11

SAT's order came after it was found that the regulator did not permit the brokerage to cross-examine Bharat Overseas Bank's Ahmedabad Branch Manager Devi Dutt in the case.

Sebi seeks help from US regulator in Factorial probe

Last Updated: Sunday, May 10, 2015, 15:28

Sebi had found Factorial guilty of violating fraudulent and unfair trade practices regulations.

SAT may hear SBI Life case against IRDAI this week

Last Updated: Sunday, May 3, 2015, 12:41

The Securities Appellate Tribunal (SAT) has served a notice to Insurance Regulatory and Development Authority of India (IRDAI) in adjudication of a case relating to SBI Life, the life insurance arm of SBI.

DLF shares gain 4.5% as cheer continues over SAT order

Last Updated: Monday, March 16, 2015, 18:22

Rising for the third straight day, shares of DLF rose by 4.5 percent Monday as investors continued to cheer the Securities Appellate Tribunal's 'majority order' quashing the three-year market ban imposed on the realty giant by regulator Sebi.

DLF welcomes SAT order; co says board to decide on fund-raising

Last Updated: Friday, March 13, 2015, 22:15

Realty major DLF Friday hailed the Securities Appellate Tribunal order quashing the 3-year market ban imposed by SEBI on it and said the board will decide on the fund raising plan through REITs and other securities.

DLF shares jump over 6%; m-cap climbs Rs 1,524 cr on SAT order

Last Updated: Friday, March 13, 2015, 19:29

Shares of DLF surged over 6 percent, adding Rs 1,524.36 crore to its market value, after the Securities Appellate Tribunal Friday passed a 'majority order' quashing the three-year market ban imposed on the realty giant by regulator SEBI.

SAT quashes SEBI ban on DLF with majority order

Last Updated: Friday, March 13, 2015, 13:14

In a major relief for DLF, the Securities Appellate Tribunal Friday passed a 'majority order' quashing the three-year market ban imposed on the realty giant by regulator SEBI, even as the Presiding Officer dissented.

Securities Appellate Tribunal order on Sebi-DLF case today

Last Updated: Friday, March 13, 2015, 01:21

The Securities Appellate Tribunal will announce on Friday its order on DLF's plea against a Sebi ruling that barred the realtor and its six top executives, including chairman K P Singh, from markets for three years.

Kotak Mahindra, others move SAT against SEBI order

Last Updated: Wednesday, March 11, 2015, 21:20

Kotak Mahindra Capital has moved the Securities Appellate Tribunal against an order by market regulator SEBI, wherein six merchant banks were penalised for "suppression of material facts" in IPO documents.

SAT seeks merchant bankers' communications in DLF case

Last Updated: Monday, December 22, 2014, 22:25

Hearing DLF's appeal against a SEBI order, the Securities Appellate Tribunal (SAT) Monday sought details of communications exchanged with investment bankers and auditors with regard to the IPO documents filed by the real estate major.