Judgment Search Results Home > Cases Phrase: explosives act 1884 section 4 definitions Sorted by: old Court: sebi securities and exchange board of india or securities appellate tribunal sat Year: 2003 Page 1 of about 53 results (0.171 seconds)

Sundaram Finance Ltd. Vs. Securities and Exchange Board of India

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2003)42SCL521SAT

..... of the delay. the respondent's order imposing penalty has been challenged on the ground that it was not in accordance with the provisions of section 15-i read with section 15 j of the act and against the principles laid down by the supreme court in hindustan steel ltd. 's case (supra)," 44. sebi (substantial acquisition of ..... accordingly the respondent vide its order dated 12-11-1999 appointed an adjudicating officer to conduct an inquiry in the matter and impose penalty as provided under section 15a of the act. the adjudicating officer after inquiry concluded that the company was in default in not submitting the report, etc. to the respondent as required under sub- ..... noted from the order dated 20-3-2002 of the respondent that "the adjudicating officer was appointed to inquire into and adjudge under clause (b) of section 15a of the act the alleged contravention of sub-regulation (4) of regulation 3 of the 1997 regulations". it is noted that the board has the power to appoint adjudicating .....

Sebi Vs. Green Earth Farms and Estate

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... 2), 73 and 74 of the sebi (collective investment schemes) regulations, 1999.20. now, therefore, in exercise of the power conferred upon me under section 11b of the sebi act, 1992, read with regulation 65 of the said regulations, i, hereby debar the company its promoters/its directors/its managers/persons in charge of the ..... mentioned therein be not initiated against it for the aforesaid violations/non-compliance. as the company did not reply to the show cause notice.9. directions under section 11b of sebi act, 1992, read with regulations 65 & 73 of sebi (collective investment schemes) regulations, 1999, were issued vide the then sebi chairman's order dated december ..... company with sebi it was observed that the schemes of the company were squarely falling within the definition of collective investment scheme as defined under section 11aa of the sebi act, 1992, as the contributions made by the investors were pooled together and then utilized for the purposes of the scheme, the contributions or .....

Sebi Vs. Touchwood Agrotech (P) Ltd.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... ), 68(2), 73 and 74 of the sebi (collective investment schemes) regulations, 1999.21. now, therefore, in exercise of the power conferred upon me under section 11b of the sebi act, 1992 , read with regulation 65 of the said regulations, i, hereby debar the company / its promoters/ its directors /its managers/ persons in charge of ..... notices dated 12.5.2000 and 1.6.2000 and did not report compliance of the statutory requirements. therefore, the then chairman sebi vide his directions under section 11 b of sebi act, 1992, read with regulations 65 & 73 of sebi (collective investment schemes) regulations, 1999, directed the company to refund the money collected under the ..... the scheme(s) and making payment to the investors in the manner provided under the said regulations. thus, the company has prima-facie violated the provisions of section 12 (1b) of sebi act, 1992 and regulations 5 (1) read with regulations 68 (1), 68 (2), 73 & 74 of the sebi (collective investment schemes) regulations, 1999.10 .....

Sebi Vs. M.K. Securities Ltd.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... system and its integrity.6.1 on a careful consideration of the facts and circumstances of the case and in exercise of the powers conferred upon me under section 4(3) of sebi act read with regulation 26(2)(ii) of sebi (stock brokers and sub- brokers) regulations, 1992, i, hereby cancel the certificate of registration granted to m k securities ltd ..... be in the interest of investors and other stock brokers.5.13 in the light of the above, i find that mr. mohan rao alongwith mksl and its associates, had acted in concert with the absconded clients in perpetrating fraud on the investors as well as the exchange and the market. i, therefore, find that mksl has violated clauses a(1 .....

Sebi Vs. the Kadri Mills (Cbe) Ltd.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... regulations will not be justifiable.4.16 the acquirer requested, therefore, no further action may be taken under regulation 22(15), 28(11), 44, 45(6) and /or section 11 of sebi act.5.1 i have taken into consideration the facts of the case, the submissions written as well as oral made by the acquirers during the hearing dated 20.11 ..... (prior to the amendment to the regulations dated 09.09.02) and to proceed with the offer, in exercise of the powers conferred upon me under sections 4(3), 11,11(4), 11b of the sebi act read with regulations 44 & 45 of the regulations, for the reasons recorded hereinabove, i hereby direct the acquirer to justify the offer price in terms ..... to why one or more or all action(s) under regulation 22(15), 28(11), 44, and 45(6) of the regulations and section 11 of securities and exchange board of india act 1992 (hereinafter referred to as "sebi act" ) should not be initiated against them.3.1 the acquirers replied to the show cause notice vide their letter dated 29.08.02 .....

Sundaram Finance Ltd., Wheels Vs. Securities and Exchange Board of Ind ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2003)3CompLJ145SAT

..... condonation of the delay. the respondent's order imposing penalty has been challenged on the ground that it was not in accordance with the provisions of section 15i read with section 15j of the act and against the principles laid down by the supreme court in hindustan steel's case (supra).42. sebi (substantial acquisition of shares and takeovers) ..... the respondent vide its order dated 12.11.1999 appointed an adjudicating officer to conduct an inquiry in the matter and impose penalty as provided under section 15a of the act. the adjudicating officer after inquiry concluded that the company was in default in not submitting the report , etc. to the respondent as required under ..... from the order dated 20.3.2002 of the respondent that "the adjudicating officer was appointed to inquire into and adjudge under clause (b) of section 15a of the act the alleged contravention of sub-regulation 4 of regulation 3 of the 1997 regulations." it is noted that the board has the power to appoint adjudicating .....

M.A. Sumathi, P. Gopinath and Vs. Securities and Exchange Board of

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2003)42SCL591SAT

..... rightly pointed out when an alternate remedy is available, the writ petition is not normally maintainable. the said alternative remedy is the appeal remedy provided in section 15t of the act/regulation 46 of the 1997 regulations.53. i do not find any support to the respondent's case from the decision of the hon'ble high court ..... that there is no provision anywhere in the regulations except under chapter v to issue an order or direction which could be challenged in an appeal under section 15t of the act, learned counsel submitted that the said chapter v is a stand alone chapter. he referred to the powers and functions of sebi and submitted that sebi ..... and the acquirer to carry out the changes specified by sebi is mandatory and failure to comply with the same would attract serious consequences including prosecution under section 24 of the act.24. with reference to the contention raised by shri janak dwarkadas that the communication dated 18.10.02 issued by the respondent is not an order .....

In Re: Grasim Industries Ltd. and Vs. Securities and Exchange Board of ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

Reported in : (2003)2CompLJ365SAT

..... and a structure with an open terrace for the parking of vehicles. respondent z, (municipal corporation of greater bombay) issued a notice under section 351 of the municipal corporation act to the appellant y for demolition of two chattels on the terrace on the ground that those were unauthorised construction. the said appellant y ..... provisions therein, and the tribunal has been following those principles in the appeal proceedings before it. shri somasekhar sundaresan referred to section 15u of the act and submitted that as per the said section the securities appellate tribunal though not bound by the procedure laid down by the code of civil procedure 1908, shall be guided ..... no cause to be aggrieved as their request for investigation has been accepted and acted upon by the respondent sebi, that the applicants wanted to activate sebi and it has been done and there ends their role.29. with reference to section 15u, referred to by the applicants, learned advocate general submitted that the .....

Bpl Mobile Cellular Ltd. Vs. Bharat Sanchar Nigam Ltd. and ors.

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... sides.firstly, it is not at all clear whether the lease arrangements entered into by the petitioner with the respondents were covered under rule 434 section ix or section x of indian telegraph act. rule 434 section ix and section x deal with charges for private wires and non-exchange lines, respectively. these two terms, viz., "private wires" and "non-exchange lines", ..... sanchar nigam limited, viz., the circular dated 17^th june, 1988 was basically an inter-office circular which was neither notified nor gazetted as per section 7(5) of the indian telegraph act and therefore could not be having any statutory validity.apart from that, the said circular prescribes for a security in the shape of a bank ..... 1. m/s. bpl cellular ltd., coimbatore, tamil nadu have filed a petition under section 14 of telecom regulatory authority of india, act 1997, challenging an order passed by the department of telecommunications on 26^th november, 1998 under which it was laid down that the minimum hiring period .....

Swedish Match Ab and Swedish Match Vs. Securities and Exchange Board o ...

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

..... or his associate holds not less than 2 % of the paid-up capital of the latter company. (a) any relative of that person within the meaning of section 6 of the companies act, 1956 (1 of 1956); and reg2(1)(c): "control" shall include the right to appoint majority of the directors or to control the management or policy decisions ..... herein is the board established for the said purpose the functions of the respondent have been set out in the following words in sub section (1) of section 11 of the act. "subject to the provisions of this act, it shall be the duty of the board to protect the interests of the investors in securities and to promote the development of, ..... on "principles of statutory interpretation" (7th edn. pages 112 to 114) that "it is the duty of the courts to avoid a "head on clash" between two sections of the same act and, when ever it is possible to do so, to construe provisions which appear to conflict so that they harmonise. it should not be lightly assumed that parliament had .....