The Banning of Unregulated Deposit Schemes Bill, 2019 was passed by the Lok Sabha on 13.02.2019 but could not be passed by the Rajya Sabha. Since the Parliament is not in session, the BANNING OF UNREGULATED DEPOSIT SCHEMES ORDINANCE, 2019 has been issued by the President of India vide Notification dt. 21.02.2019. According to Article …
The Supreme Court has stayed an order of the Securities Appellate Tribunal (SAT), which had replaced market regulator Sebi’s directive of monetary penalty with a warning, in a fraudulent trading case.The order comes following an appeal filed by the Securities and Exchange Board of India (Sebi) against the SAT order. It has also been submitted …
Supreme Court stays SAT order substituting fine imposed by Sebi with warning Read More »
