Sanjay Kumar vs Securities And Exchange Board Of India on 14 January, 2025
Delhi High Court Sanjay Kumar vs Securities And Exchange Board Of India on 14 January, 2025 Author: Subramonium Prasad Bench: Subramonium Prasad * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 14th JANUARY, 2025 IN THE MATTER OF: + CRL.M.C. 507/2022 & CRL.M.A. 2212/2022 SANJAY KUMAR …..Petitioner Through: Mr. Jagdeep Singh […]
Sebi permits Indian Commodity Exchange to exit bourse biz, ET LegalWorld
Markets regulator Sebi on Tuesday allowed the Indian Commodity Exchange (ICEX) to exit the exchange space after its recognition was withdrawn over two years ago. The move comes after the exchange fulfilled regulatory requirements. Additionally, the regulator has directed ICEX to comply with its tax obligations under the Income Tax Act, 1961; change its name […]
Nalwa Sons Investments Limited vs Securities And Exchange Board Of India on 9 December, 2024
Bombay High Court Nalwa Sons Investments Limited vs Securities And Exchange Board Of India on 9 December, 2024 Author: M.S.Sonak Bench: M.S.Sonak Nalwa Sons Investments Ltd & Ors v Securities and 2024:BHC-OS:20195-DB Exchange Board of India oswp-5080-2024-2-2.docx Amol IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 5080 OF […]
RBI revokes authorisation certificate of UAE Exchange Centre, Legal News, ET LegalWorld
The Reserve Bank has revoked the certificate of authorisation of UAE Exchange Centre LLC for non-compliance with regulatory requirements and now it cannot transact the business of cross border in-bound money transfer. UAE Exchange Centre LLC (UAEEC), with registered office in Dubai, was issued Certificate of Authorisation (CoA) for cross border in-bound money transfer operator […]
National Spot Exchange Limited vs State Of Maharashtra on 7 October, 2024
Bombay High Court National Spot Exchange Limited vs State Of Maharashtra on 7 October, 2024 Author: Nitin W. Sambre Bench: Nitin W. Sambre 2024:BHC-AS:40265-DB (11)Apeal-1095-2023.doc rajshree IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO.1095 OF 2023 M/s.N.K. Proteins Pvt. Ltd. ] (Formerly known as NK Proteins Ltd.) .. Appellant […]
Courts not experts to prepare uniform banking code for foreign exchange transactions: HC, ET LegalWorld
The Delhi High Court on Thursday said it neither has the wherewithal nor the expertise to prepare a uniform banking code for foreign exchange transactions to check blackmoney generation and benami transactions. The court directed that the petition seeking implementation of a uniform banking code be treated as a representation by the Ministry of Finance […]
Single filing with exchange to be reality very soon: Sebi chief, ET LegalWorld
Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday said a single disclosure by listed companies on one stock exchange will soon be automatically uploaded on the other bourse. This comes after the Securities and Exchange Board of India (Sebi) recently proposed sweeping changes to disclosure as well as listing requirements by listed companies […]
Indian crypto exchange CoinSwitch sues WazirX to recover stuck funds, ET LegalWorld
Indian cryptocurrency exchange CoinSwitch has sued rival platform WazirX, saying they are taking legal action to recover the funds stuck on Nischal Shetty-run crypto platform. Ashish Singhal-run CoinSwitch said it has been over a month since WazirX, a major crypto exchange operating in India, claimed that a cyber attack on their platform led to the […]