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…
Raselle Capital VCC Settles With SEBI For Alleged FPI Regulation Violations With Rs 1.23 Crore Payment
Raselle Capital VCC has settled allegations by SEBI regarding violations of FPI regulations by paying Rs. 123 crore. The settlement follows SEBI's investigation into Raselle's alleged non-compliance with FPI norms, including failure to disclose material information and procedural lapses. SEBI's settlement mechanism allowed Raselle to resolve the matter without admitting or denying guilt. This settlement underscores SEBI's regulatory enforcement in financial markets, emphasizing compliance with FPI regulations to maintain market integrity and investor confidence.