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Supreme Court upholds Sebi action against Kotak AMC, MD & other executives
NEW DELHI: Observing that a wrongdoer cannot be allowed to use the plea of investors having gained, Supreme Court on Monday upheld Sebi's action against Kotak Mahindra Asset Management Company (Kotak AMC), its trustee company, and senior executives, including MD Nilesh Shah, for violation of mutual fund rules over their handling of six Fixed Maturity Plan (FMP) schemes.
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thehindubusinessline.com
Supreme Court upholds SEBI action against Kotak AMC in Essel case
Supreme Court upholds SEBI's penalties against Kotak AMC for regulatory violations in the Essel Group fixed maturity plan case.
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timesofindia.indiatimes.com
Supreme Court upholds Sebi action against Kotak AMC, MD & other executives
NEW DELHI: Observing that a wrongdoer cannot be allowed to use the plea of investors having gained, Supreme Court on Monday upheld Sebi's action against Kotak Mahindra Asset…