Uttarakhand Agricultural Produce Marketing Board Vs CCI

Whether a State government board or department vested with exclusive/monopoly rights and conducting trade/business, can be said to be exercising sovereign functions - NO: HC

Whether activities of any State government board/department who is using its monopoly power by canalizing procurement, supply or distribution of a particular item can be investigated by the CCI under Act - YES: HC

- Appeal Dismissed: DELHI HIGH COURT

Tech Mahindra Ltd

Whether an employee of company on whose directions/ instructions the Board or any director is not accustomed to act and who is not officer as per Regulation 2(g) of PIT Regulations need not make disclosure u/r 13(4) of PIT Regulations for trading in shares- YES : SEBI

Whether when company does not receive disclosures under any of the Regulations viz, 13(1), 13(2), 13(3) and 13(4) of PIT Regulations, then it has no liability to make disclosure to Stock Exchange under Regulation 13(6) - YES : SEBI

- Directions Issued: SEBI

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