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Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery order
In a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court has annulled a substantial disgorgement order previously placed on the company, providing some relief. However, the Rs 25 crore fine levied by the Securities and Exchange Board of India (Sebi) stands firm.
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economictimes.indiatimes.com
Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery order
In a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court has annulled a substantial disgorgement…
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thehindu.com
Supreme Court sets aside order directing Reliance Industries to disgorge ₹447 crore
Supreme Court overturns order for Reliance Industries to repay ₹447 crore, challenging SEBI's findings on RPL share trading.
