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Supreme Court sends Vedanta’s Rs 5.25 crore SEBI penalty case back to SAT
The Supreme Court has returned a penalty case to the Securities Appellate Tribunal concerning a Rs 5.25 crore penalty imposed on Cairn India over its 2014 share buyback. The tribunal had annulled SEBI's earlier decision, which accused Cairn of misleading investors and lacking adequate purchase orders. The tribunal is set to reevaluate the matter thoroughly.
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economictimes.indiatimes.com
Supreme Court sends Vedanta’s Rs 5.25 crore SEBI penalty case back to SAT
The Supreme Court has returned a penalty case to the Securities Appellate Tribunal concerning a Rs 5.25 crore penalty imposed on Cairn India over its 2014 share buyback. The…
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thehindubusinessline.com
SC sends Vedanta-linked Cairn’s ₹5.25-crore SEBI penalty case back to SAT
Supreme Court remands Cairn's ₹5.25-crore SEBI penalty case back to SAT for further examination of discrepancies.