Judgment Search Results Home > Cases Phrase: officer or employees Court: sebi securities and exchange board of india or securities appellate tribunal sat Page 3 of about 276 results (0.169 seconds)

Ujala Finstock (P.) Ltd. Vs. Securities and Exchange Board of

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

..... have power to summon and enforce the attendance of any person acquainted with the facts and circumstances of the case to give evidence or to produce any document which in the opinion of the adjudicating officer, may be useful for or relevant to the subject-matter of the inquiry and if, on such inquiry, he is satisfied that the person has failed to comply with the provisions of any of the sections specified in sub-section (1), he ..... he pointed out that the appellant did not even bother to be present in the adjudication proceedings to explain its stand before the adjudicating officer in spite of several letters issued by the adjudicating officer.shri ranganayakulu also submitted that the adjudicating officer has acted well within his power in terms of section 15a and that since section 15a provides for penalty for each failure on the part of the person concerned, separate ..... (4) it shall be the duty of every director, proprietor, partner, officer and employee of the stock-broker to give to the inspecting authority all assistance in connection with the inspection, which the stock-broker may reasonably be expected ..... be the duty of every director, proprietor, partner, officer and employee of the stock-broker, who is being inspected, to produce to the inspecting authority such books, accounts and other documents in his custody or control and furnish him with the statements and information relating to the transactions in securities market within such time as said officer may require. .....

Manoj Gaur Vs. Securities and Exchange Board of India, Mumbai

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

..... defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of subclause (10) of section 307 of that act; or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company whether temporary or permanent and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company: (d) . ..... the monopolies and restrictive trade practices act, 1969 (54 of 1969) as the case may be; (ii) is an intermediary as specified in section 12 of the act, investment company, trustee company, asset management company or an employee or director thereof or an official of a stock exchange or of clearing house or corporation; (iii) is a merchant banker, share transfer agent, registrar to an issue, debenture trustee, broker, portfolio manager, investment advisor, sub-broker, investment ..... in its letter dated february 15, 2010 had informed the board that the trial balances from various units started reaching the accounts department at corporate office in the first week of october 2008 till october 10, 2008 and thereafter the company made an announcement on october 11, 2008 with regard ..... . 3.2.5 all directors/ officers/designated employees of the company shall conduct all their dealings in the securities of the company only in a valid trading window and shall not .....

Hindustan Dorr Oliver Limited and Others Vs. Securities and Exchange B ...

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

..... part a of schedule i of the regulations prescribes the model code of conduct for prevention of insider trading for listed companies and provides that the employees/directors shall maintain confidentiality of all price sensitive information and they shall not pass on such information to any person directly or indirectly by way of making recommendation for the purchase or sale of the securities. ..... para 3 thereof deals with prevention or misuse of price sensitive information and the relevant portion thereof reads as under:- 3.0 prevention of misuse of price sensitive information 3.1 all directors/officers and designated employees of the company shall be subject to trading restrictions as enumerated below. ..... when the trading window is closed, the directors / officers / designated employees shall not trade in the companys securities in such period. ..... the directors/officers/designated employees of the company are prohibited from trading in the securities of the company where the trading window is closed. ..... 3.2-5 all directors /officers/designated employees of the company shall conduct all their dealings in the securities of the company only in a valid trading window and shall not deal in any transaction involving the purchase or sale of the companys securities during the .....

Bharat Sanchar Nigam Limited and Vs. Telecom Regulatory Authority of

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

..... at any time to furnish in writing such information or explanation relating to its affairs as the authority may require; or (b) appoint one or more persons to make an inquiry in relation to the affairs of any service providers; and (c) direct any of its officers or employees to inspect the books of account or other documents of any service provider. ..... (2) where any inquiry in relation to the affairs of a service provider has been undertaken under sub-section (1),- (a) every officer of the government department, if such service provider is a department of the government; (b) every director, manager, secretary or other officer, if such service provider is a company; or (c) every partner, manager, secretary or other officer, if such service provider is a firm; or (d) every other person or body of persons who has had dealings in the course of business with any of the persons mentioned in clauses (b) and ..... (ii) if the explanation furnished by the service provider is not satisfactory, the chief executive officer will be called upon to appear in person before the authority and to explain his point of view. ..... (iii) in the event of non-appearance by the chief executive officer, an ex-parte decision shall be taken by the authority and strictures, if circumstances so warrant, shall be passed against the service provider. .....

Samir C. Arora Vs. Securities and Exchange Board of India

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

Reported in : (2005)59SCL96SAT

..... director, as defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of sub-clause of (10) of section 307 of that act; or "(ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company whether temporary or permanent and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company ..... had wanted to, the appellant was not in a position to deny these rumours because that was the factual position.according to the learned senior counsel the appellant was managing acmf only in his capacity as an employee of acm singapore and that in the event of the sale of acmf to a third party he would naturally have ceased to have anything to do with acmf because in that event he would have ..... section 2 of the monopolies and restrictive trade practices act, 1969 (54 of 1969) as the case may be: "(ii) is an intermediary as specified in section 12 of the act, investment company, trustee company, asset management company or an employee or director thereof or an official of a stock exchange or of clearing house or corporation; "(iii) is a merchant banker, share transfer agent, registrar to an issue, debenture trustee, broker, portfolio manager, investment advisor, sub-broker, investment ..... confirm to you, many employees of our india office are already currently .....

Rakesh Agrawal Vs. Securities Exchange Board of

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

..... defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of sub-clause (10) of section 307 of that act; or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company; (i) is a company under the ..... clause (13) of section 2 of the companies act 1956 (1 of 1956) of a company or is deemed to be a director of the company by virtue of sub clause (10) of section 307 of the act or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company and who may reasonably be expected to have access to unpublished price sensitive information in relation to that company. ..... director, as defined in clause 13 of section 2 of the companies act, 1956 (1 of 1956) of a company, or is deemed to be director of that company by virtue of sub-clause (10) of section 307 of that act, or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company." 60. .....

V. K. Kaul Vs. the Adjudicating Officer, Securities and Exchange Board ...

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

..... :- 2(c) connected person means any person who (i) is a director, as defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of sub-clause (10) of section 307 of that act; or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company whether temporary or permanent and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company. ..... act, 1956 (1 of 1956), or sub-clause (g) of section 2 of the monopolies and restrictive trade practices act, 1969 (54 of 1969) as the case may be; (ii) is an intermediary as specified in section 12 of the act, investment company, trustee company, asset management company or an employee or director thereof or an official of a stock exchange or of clearing house or corporation; (iii) is a merchant banker, share transfer agent, registrar to an issue, debenture trustee, broker, portfolio manager, investment advisor, sub-broker, investment company .....

V. K. Kaul Vs. the Adjudicating Officer, Securities and Exchange Board ...

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

..... :- 2(c) connected person means any person who (i) is a director, as defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of sub-clause (10) of section 307 of that act; or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company whether temporary or permanent and who may reasonably be expected to have an access to unpublished price sensitive information in relation to that company. ..... act, 1956 (1 of 1956), or sub-clause (g) of section 2 of the monopolies and restrictive trade practices act, 1969 (54 of 1969) as the case may be; (ii) is an intermediary as specified in section 12 of the act, investment company, trustee company, asset management company or an employee or director thereof or an official of a stock exchange or of clearing house or corporation; (iii) is a merchant banker, share transfer agent, registrar to an issue, debenture trustee, broker, portfolio manager, investment advisor, sub-broker, investment company .....

In Re: Shri D.S. Pendse and ors.; In

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

..... regulation 2 (c) reads as under: (i) is a director, as defined in clause (13) of section 2 of the companies act, 1956 (1 of 1956), of a company, or is deemed to be a director of that company by virtue of sub-clause (10) of section 307 of that act; or (ii) occupies the position as an officer or an employee of the company or holds a position involving a professional or business relationship between himself and the company and who may reasonably be expected to have access to unpublished price sensitive information in relation to that company.23. ..... ) as the case may be; or (ii) is an official or a member of a stock exchange or of a clearing house of that stock exchange, or a dealer in securities within the meaning of clause (c) of section 2, and section 17 of the securities contracts (regulation) act, 1956 (42 of 1956) respectively or any employee of such member or dealer of a stock- exchange; (iii) is a merchant banker, share transfer agent, registrar to an issue, debenture trustee, broker, portfolio manager, investment advisor, sub- broker, investment company ..... anjali beke submitted that, to be an "insider" as defined under the insider regulations, one should be either a director or occupy position as an officer or the employee of tfl, which is not the case with her. .....

Parsoli Corporation Limited and Others Vs. Securities and Exchange Boa ...

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

..... . (2) without prejudice to the provisions of sections 235 to 241 of the companies act, 1956 (1 of 1956), it shall be the duty of every manager, managing director, officer and other employee of the company and every intermediary referred to in section 12 or every person associated with the securities market to preserve and to produce to the investigating authority or any person authorised by him in this behalf, ..... could be initiated for the purpose of adjudging, among others, under section 15ha whether any person has indulged in fraudulent and unfair trade practices relating to securities and the adjudicating officer while adjudging the quantum of penalty shall have due regard to the factors enumerated in section 15j of the act which reads as under: 15j ..... reading of section 15j leaves no room for doubt that the factors enumerated therein are not exhaustive and that the adjudicating officer while having regard to those factors can take into account other factors as well such as the gravity of ..... pointed out, the wrongdoing is so serious and we are of the considered view that the adjudicating officer has erred in imposing penalties on the lower side having regard to the amendments made in ..... while challenging the impugned order in these appeals strenuously contended that the penalties imposed on both the counts were highly excessive, arbitrary and unreasonable and that the adjudicating officer completely disregarded the factors enumerated in section 15j of the act while imposing the penalties .....