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SAT Quashes SEBI Order Penalising Director for Minimum Public Shareholding Violation Without First Proceeding Against Company

The Securities Appellate Tribunal (SAT) has quashed the order passed by Securities and Exchange Board of India (SEBI) against a director of Falcon Tyres Ltd and a non-executive director of Dunlop India Ltd inter alia restraining them from accessing the securities market for a period of two years for allegedly violating certain provisions of the Listing Agreement and Securities Contracts (Regulation) Rules (SCRR) minimum public shareholding (MPS) requirement.
Meera Swarup Anubha Rastogi Sahebrao Wamanrao Buktare Pawan Kumar Ruia Chirag Shah Damodar Prasad

Mumbai: Police freeze fraudster's bank account, finds Rs 13 lakh transactions from across India for Remdesivir injections | Mumbai News

Representative image. MUMBAI: Khar police on Tuesday filed a first information report (FIR) against an unknown person after freezing a Patna-based bank account that the fraudster had used to make the victim transfer money in it for those who are urgently looking to buy Remdesivir injections through online search. After freezing the account, police came to know that over Rs 13.37 lakh was deposited in the bank account that was in the name of the non-profit organization Cipla Foundation (accoun...
Gajanan Kabdule Sandip Patil Kunal Katariya Cipla Foundation Nettra Mule State Bank

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