Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

Indirect control by listed co. though trust need to be disclosed to stock exchange: SAT

June 25, 2018[2018] 96 taxmann.com 32 (SAT - Mumbai)/[2018] 148 SCL 676 (SAT - Mumbai)
287 Views

SEBI: In a complaint filed before SEBI it was alleged that RIL, a listed company had failed to disclose to stock exchange that it had acquired indirect control over another listed company through a Trust established for exclusive benefit of RIL, but SEBI disposed complaint by merely recording a wholly unsustainable ground that said trust was not a subsidiary of RIL and thus RIL had no obligation for disclosure, SEBI was to be directed to decide complaint afresh

read more

taxmann.com
Payment
Best view in 1140 x 768