Page 35 - பத்திரங்கள் மேல்முறையீடு தீர்ப்பாயம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
NSE shares soar over 25% on boost from Securities Appellate Tribunal relief
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
SEBI Case Update; Securities Appellate Tribunal Appeals Against Stock Market Regulator In Supreme Court | SAT ने सुप्रीम कोर्ट में सेबी की हरकतों के खिलाफ अपील की, जमकर लगाई फटकार
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The Securities Appellate Tribunal has rejected the stock market regulator’s argument that it cannot pass orders without a technical member on the tribunal. The earlier technical member, C K G Nair, had retired on March 31, 2021. The Securities Board of India had taken the position that SAT couldn’t pass orders without a technical member being appointed. The position had been taken in multiple appeals. The tribunal passed an order in the matter of Axis Bank on Monday. “.we are of the confirmed opinion that the functioning of the Tribunal presently consisting of a Presiding Officer and a Judicial Member is not defective on account of non-availability of a technical member,” it said.
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May 14, 2021 | 1:37 AM
BENGALURU (Reuters) – The National Stock Exchange of India is suing the country’s market regulator to get access to 60 billion rupees ($816.77 million) of its revenue deposited into a separate account for over four years, the Economic Times reported https://economictimes.indiatimes.com/markets/stocks/news/nse-approaches-sat-to-access-over-6000-cr/articleshow/82619623.cms on Friday, citing people with knowledge of the matter.
In September 2016, the Securities and Exchange Board of India (SEBI) had asked the NSE to deposit revenue generated from offering co-location services into a separate account and had barred it from using those funds, the report said.
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