2017-TIOLCORP-NEWS-152 | Thursday, August 03, 2017

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2017-TIOLCORP-38-SEBI

Dinesh Allorga Ltd

Whether no material harm is caused to investors for failure to make disclosure under PIT Regulations when similar disclosures are otherwise made under SAST Regulations - YES : SEBI.

Whether levy of monetary penalty is not justified when failure to make disclosure under PIT regulations does not lead to affect investor's interest adversely - YES : SEBI

- Directions Imposed: SEBI

 
MISCELLANEOUS
 
2017-TIOLCORP-38-HC-DEL-MISC

IFB Industries Ltd Vs UoI

Whether the actual exports of the petitioner during the period of 2009 to 2015 should be taken into consideration for determining the discharge of the petitioners export obligations under the Advance Licenses - YES: HC

Whether the petitioner's legal right to the relaxation and concession have wrongfully being denied by PRC without proper application of mind - YES: HC

- Writ petition allowed: DELHI HIGH COURT

 
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