Wednesday, May 5, 2021

SAT quashes SEBI’s restraining order against fraud in GDRs issued 14 years earlier

COMPANY LAW/SEBI : Where appellant issued GDR in year and SEBI issued show cause notice after 14 years alleging fraud in issue of GDRs and SEBI by impugned order prohibited appellant from accessing securities market and also restrained from buying, selling or otherwise dealing in securities including units of mutual funds,

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000314839/sat-quashes-sebi’s-restraining-order-against-fraud-in-gdrs-issued-14-years-earlier.aspx

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...