Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
CARE Ratings Ltd Settles with SEBI for Rs 13.05 Lakh over Regulatory Violations
CARE Ratings Ltd. settled with SEBI by paying Rs 13.05 lakh for regulatory violations. The specifics of the violations were not disclosed, but the settlement indicates that CARE Ratings was able to resolve the matter without prolonged litigation. This case highlights SEBI's ongoing efforts to enforce compliance among rating agencies and the use of settlement as a tool for resolving disputes efficiently.