Following cases are covered in this edition of CTC:
- In the matter of Solar Industries India Ltd. (Appellant Co./Company) vs. Kailash Chandra Nuwal and Ors. (Respondent) – NCLAT has clarified that requirement of section 184(1) w.r.t. disclosure of interest by director shall be held to be substantially complied with, if the director has given written disclosure though not in specified format
- Order of Adjudicating Officer of Securities and Exchange Board of India
Name of the Case: In respect of IIFL Securities Ltd in the matter of ICICI Lombard General Insurance Company Limited – Wherein Sebi investigated block deals. Trading in cash segment just prior to block which was subject to scrutiny from SEBI
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