SC Refuses To Stay INR 30 Lakh Penalty On RIL 

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SUMMARY

In its hearing today, the SC bench observed that the matter involved factual findings and did not raise any substantial question of law

The case, which was heard by a bench of chief justice of India (CJI) Surya Kant and justice Joymalya Bagchi, pertains to the SEBI imposing a monetary penalty on two of RIL’s compliance officers for failing to make timely disclosures related to the Facebook-Jio deal

Then, SEBI noted that once the unpublished price-sensitive information (UPSI) leaked…



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SC Refuses To Stay INR 30 Lakh Penalty On RIL 


SUMMARY

In its hearing today, the SC bench observed that the matter involved factual findings and did not raise any substantial question of law

The case, which was heard by a bench of chief justice of India (CJI) Surya Kant and justice Joymalya Bagchi, pertains to the SEBI imposing a monetary penalty on two of RIL’s compliance officers for failing to make timely disclosures related to the Facebook-Jio deal

Then, SEBI noted that once the unpublished price-sensitive information (UPSI) leaked…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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