Tag: sebi

Caution to Investors-WARNING SEBI cautions investor – Issues list of 51 Companies

Caution to Investors-WARNING SEBI cautions investor – Issues list of 51 Companies SEBI Press Release No. PR No. 165/2014 Dated -December 11, 2014, Mumbai           It has come to the notice of Securities and Exchange Board of India (SEBI) that certain companies / entities unauthorisedly, without obtaining registration and illegally are collecting / mobilising money … Continue reading Caution to Investors-WARNING SEBI cautions investor – Issues list of 51 Companies →

THE REALTY MAJOR PREFERS AN APPEAL BEFORE SAT FOR RELEIF

DLF APPEAL DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments. Pleading for relief, DLF, said it needed to redeem funds, including around Rs.2,000 crore locked in mutual funds as also through redemption of some bonds worth thousands of crores, … Continue reading THE REALTY MAJOR PREFERS AN APPEAL BEFORE SAT FOR RELEIF →

Award maximum term to Sahara directors, SEBI tells SC

The Securities and Exchange Board of India (SEBI) Tuesday urged the Supreme Court to award maximum punishment to Sahara India’s head Subrata Roy and three other directors of its companies for contempt of court by not complying with its order of returning Rs.24,000 crore to investors. “Here is a case where contempt was committed not … Continue reading Award maximum term to Sahara directors, SEBI tells SC →

An Ordinance to Amend the Securities Laws Promulgated – To Crack Down on Ponzi Schemes

AN AMENDMENT TO SEBI ACT TO CRACK DOWN ON PONZI SCHEMES !!! SEBI would have now Powers to Regulate any Pooling of Funds Under An Investment Contract Involving A Corpus Of Rs.100 Crore Or More, Attach Assets In Case Of Non-Compliance And Chairman SEBI would have Powers to Authorize The Carrying out of Search and … Continue reading An Ordinance to Amend the Securities Laws Promulgated – To Crack Down on Ponzi Schemes →