Sebi proposes compulsory demat share issuance during stock-split, ET LegalWorld
Sebi is proposing to issue all shares in demat mode in case a company splits or consolidates the face value of its shares. The regulator is also proposing to issue demat shares in case of corporate restructuring. The inherent benefits of demated shares, mainly elimination of risks associated with physical certificates that is loss, theft, […]
Allahabad HC affirms premature compulsory retirement of judge, ET LegalWorld
The Allahabad High Court on Monday affirmed the premature compulsory retirement of a lower court judge, noting that there had been several complaints of corruption and dishonesty against him between 2009 and 2019. A bench of Justice Rajan Roy and Justice Subhash Vidyarthi of the Lucknow bench of the high court passed the order on […]