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Vedanta outstanding dividend payment: SAT stays SEBI order

The market regulator had asked Vedanta India, earlier known as Cairn India Ltd, to pay Cairn UK Holdings Limited (CUHL) Rs 77.62 crore plus a simple interest of 18 percent per annum, for delayed payment of dividend

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Dividend payment: Vedanta shares in news as firm to pay Rs 78 crore to Cairn UK

Vedanta is required to comply with aforesaid direction. Sebi, on expiry of 45 days from the date of this order, may initiate appropriate action against Vedanta for such failure.



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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 27.50 points or 0.12 percent.

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Vedanta falls on SEBI order to pay Rs 78 crore to Cairn UK Holdings

Vedanta says it is taking appropriate legal steps and does not foresee any financial or material impact of the SEBI order

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SEBI Asks Vedanta India to Pay Penalty for Late Dividend Payout India Infoline

The company stated in the filing that it is "in the process of taking appropriate legal steps in respect of the same".

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Vedanta Shares Drop After Sebi Asks Company To Pay Rs 77.6 Crore To Cairn For Delayed Dividends

The regulator also barred Vedanta directors, including vice-chairman Navin Agarwal, from India's securities markets for two months.

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SEBI asks Vedanta India to pay Cairn UK Holdings Rs 77.62 cr for late dividend payout

SEBI said Vedanta must make the payment within 45 days or face further action

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How To Resolve Business Contract Disputes - Arbitration & Dispute Resolution

Therefore, whilst parties may contractually agree to make the outcome of expert determination binding on them, an arbitration award or court order will be necessary to enforce the determination...

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Vedanta settles retrospective tax dispute with govt in Delhi HC

Vedanta settles retrospective tax dispute with govt in Delhi HC

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India's Amendments to Indirect Transfers in Tax Law

India's Amendments to Indirect Transfers in Tax Law
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