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SAT: SAT partly sets aside Sebi s disgorgement order against NSE in dark-fibre case

The tribunal has quashed Sebis direction barring NSEs former CEO Chitra Ramkrishna from holding any position in stock exchanges or listed companies for three years and three other former officials

Deviprasad singhChitra ramkrishnaAnagendra kumarExchange board of india sebiNational stock exchangeSecurtities appellate tribunalExchange boardRavi varanasiStock exchanges

NSE Colo Case: SAT Asks SEBI To Refund Rs72 58 Core to NSE, Way2wealth Brokers & GKN Securities

While dismissing several orders passed by the Securities and Exchange Board of India (SEBI) in the National Stock Exchange (NSE) colocation matter, the Securities Appellate Tribunal (SAT) has asked the regulator to refund Rs72.58 crore with interest deposited by NSE, Way2wealth Brokers Pvt Ltd and GKN Securities. SAT also dismissed SEBI s prohibitory orders against Chitra Ramkrishna, former managing director and chief executive officer (MD&CEO) of NSE, Ravi Varanasi, Nagendra Kumar and Devi Prasad Singh, all top executives of the Exchange and MR Shashibhushan, Sonali Gupta, Omprakash Gupta and Rahul Gupta.

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SAT partly sets aside SEBI order against NSE in dark-fibre case

SAT partly sets aside SEBI order against NSE in dark-fibre case
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Chitra ramkrishnaDevi prasad singhAnagendra kumarNational stock exchangeSecurities appellate tribunalStandard operating proceduresRavi varanasi

SAT partly set aside Sebi s order against NSE in dark-fibre case

SAT partly set aside Sebi s order against NSE in dark-fibre case
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

New delhiAnagendra kumarChitra ramkrishnaDevi prasad singhNational stock exchangeSecurities appellate tribunalStandard operating proceduresRavi varanasi

Dark fibre case: SAT sets aside Sebi order on NSE, ex-officials

The case pertains to alleged differential access given by NSE to certain broking firms over dark fibre, an already laid but unused or passive optical fibre unconnected to active electronics or equipment and does not have other data flowing through it.

Chitra ramakrishnaAnagendra kumarJustice tarun agarwalaJustice agarwalaAnand subramanianDeviprasad singhReliance communicationsJustice tarunRavi varanasiSampark infotainmentSampark infotainmnetDark fiber caseSecurities appellate tribunalSecurities and exchange board of indiaNational stock exchangeDark fibre case