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…
Labour Laws
06/09/20264 min read
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Informative
Raselle Capital VCC settles FPI violation case with Sebi, pays Rs 1.23 cr
Update / Judgement Date
02 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
SEBI & SCRA
Foreign portfolio investor Raselle Capital VCC settled a case with SEBI for alleged FPI rule violations by paying ₹1.23 crore in settlement charges. The settlement, proposed without admitting fault, resolves proceedings initiated after a December 18, 2023, show cause notice, as recommended by SEBI’s High Powered Advisory Committee.
