2017-TIOLCORP-NEWS-121 | Tuesday, June 20, 2017

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COMPANIES LAWS
 
2017-TIOLCORP-38-HC-DEL-CA

Atna Engineering Pvt Ltd With Shubhvir Investments Pvt Ltd

Whether scheme of amalgamation can be approved if the transferor company vide an affidavit satisfies the objections raised by the Official Liquidator & Regional Director - YES : HC

- Petition allowed: DELHI HIGH COURT

 
CAPITAL LAWS
 
2017-TIOLCORP-23-SEBI

Jamsheed M Panday

Whether penalty is attracted as soon as contravention of the statutory obligation as contemplated by the Act & the Regulations is established and hence the intention of the parties committing such violation becomes wholly irrelevant - YES : SEBI

Whether penalty would be attracted if the noticees fail to provide the information sought by the Investigating Agency even when adequate opportunity was given to such noticees - YES: SEBI

- Penalty imposed: SEBI

 
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