Legal cloud over Sammaan Capital and Supreme Court’s push for accountability
The case involving Sammaan Capital Limited (SCL), formerly known as Indiabulls Housing Finance, is a long-running legal and corporate saga...
Sebi
Sebi proposes changes in rules for mandatory bond market borrowing by large corporates
The Sebi has proposed several changes in the rules for mandatory borrowing by the large corporates (LCs) from bond markets....
Insolvency application filed against Prime Securities
Prime Securities, a provider of diversified, investment banking and corporate advisory services, has informed the exchanges that an insolvency petition...
Existing shareholders may get a pie of stake in the new entity post-CIRP
The Securities and Exchange Board of India (Sebi) has proposed that existing public equity shareholders of a corporate debtor should...
Sebi proposes new rating system for infrastructure projects
The Securities and Exchange Board of India (Sebi) has envisaged a new rating system for projects and instruments associated with...
Stock exchanges lay down rules to curb share price manipulation of listed CIRP companies
The stock exchanges have in a guidance note asked the Resolution Professional to inform through the Exchange platform any impact...
How Orchid Pharma is doing under the new management
Dhanuka Laboratories, the new promoters of Orchid Pharma after it formally took control of the company on 31 March 2020...
Why Orchid Pharma shares have jumped 7,346% since relisting on exchanges
The Orchid Pharma share prices have surged from 7,346% since their relisting on exchanges on 2 November 2020. The share...
SAT overturns SEBI decision to levy penalty on Monnet Ispat; says IBC overrides market regulator
The Securities Appellate Tribunal (SAT) has once again emphasized that IBC overrides the Securities and Exchange Board of India (SEBI),...
Securities Appellate Tribunal quashes Sebi order to impose Rs 20 lakh penalty on DHFL
The Securities Appellate Tribunal (SAT) has quashed an order by the Securities and Exchange Board of India (Sebi) to levy...