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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SEBI Imposes ₹1 Lakh Fine On Catalyst Trusteeship For Failing In Its Duties As Debenture Trustee
Corporate ComplianceSEBI & SCRAStock Market
SEBI imposed a fine of ₹1 lakh on Catalyst Trusteeship for failing to perform its duties as a debenture trustee. The firm was found to have violated its obligations by not ensuring compliance with the terms of the debenture trust deed, leading to investor protection issues. This action by SEBI highlights the regulatory body's commitment to ensuring that intermediaries fulfill their fiduciary duties to protect investors' interests.
