SAT Stays SEBI Order Against Kishore Biyani, Future Group Entity
Feb 16 2021, 12:10 PM
February 15 2021, 10:08 PM
February 16 2021, 12:10 PM
The Securities Appellate Tribunal has stayed the market regulatorâs order that restricted Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Pvt., along with other individuals from accessing the securities market for a year.
The Securities Appellate Tribunal has stayed the market regulatorâs order that restricted Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Pvt., along with other individuals from accessing the securities market for a year.
A three-member bench led by Justice Tarun Agarwala, who heard the matter through video conferencing, stayed the effect and operation of Securities and Exchange Board of Indiaâs order. It has directed the entities to deposit an amount of Rs 11 crore and will hear the matter in April, as per the media rel
The regulator had said Mr Biyani and his brother Anil had traded in shares of their Future Retail firm through a group company on the basis of unpublished price-sensitive information.
Kishore Biyani; Future Group Kishore Biyani Gets Relief from Securities Appellate Tribunal (SAT) | सैट से किशोर बियानी को राहत, सेबी ने लगाया था एक साल का बैन bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.