SEBI

The penalty was imposed in a case where SEBI received a complaint dated August 26, 2017 from Quantum Securities Pvt Ltd relating to the 3 loan agreements signed between Prannoy Roy, Radhika Roy and RRPR Holding Pvt.

TechFins to enter or operate into the financial sector without establishing registered offices within the territory of India and without prior registration/approval from financial regulators in India.

Supreme Court has permitted Franklin Templeton Trustees to call a meeting of its unitholders to seek their consent for the closure of 6 mutual fund schemes during the Covid-19 pandemic while ordering a stay on requests of redemption from investor.

In the Siddique Kappan case, the Supreme Court says it is unhappy with unfair reporting, UP government says Kappan is in custody after proper trial. SEBI requests Supreme Court to cancel parole of Subrata Roy of Sahara if he fails to pay up Rs 62,600 crore.

The Supreme Court has received a petition from the Securities and Exchange Board of India (SEBI), India’s stock market regulator, asking for directions to beleaguered Sahara India chief Subrata Roy to pay up Rs 62,600 in dues.

Pharma companies, which keep valuable data, are vulnerable to cyber attacks as these can be monetised by criminals. Once India passes the Personal Data Protection Bill such breaches should be fewer.

Delhi High Court on Monday issued notice to the Trustee and Asset Management Company of Franklin Templeton Mutual Fund and SEBI on the plea of writ petitioner Amruta Garg, challenging the Winding Up notice to close its 6 debt funds.

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