Confirming its interim directions against 20 entities in the Brightcom Group Ltd (BGL) matter, the Securities and Exchange Board of India (SEBI) suggested an examination and action if required by the directorate of enforcement (ED) in the settlement of loans advanced to M Suresh Kumar Reddy, former chairman and managing director (CMD) and his companies abroad through allotment of shares in India.
While refusing to interfere in an order passed by the Securities and Exchange Board of India (SEBI), the Securities Appellate Tribunal (SAT) dismissed an appeal filed by Brightcom Group Ltd (BGL) against the SEBI order.
In the recent case of Dheeraj Raikhy v. Raheja Developers Ltd a bench of NCLAT, comprising Justice Ashok Bhushan, and Barun Mitra (Technical Member) while dismissing an application made against the.
In recent times, several noteworthy judgments have been rendered by the Indian Courts and Tribunals in matters relating to the Insolvency and Bankruptcy Code, 2016 (IBC). Some decisions rendered from.
Brightcom Group share price: On a monthly scale, Brightcom Group shares fell 20 per cent in July and 33 per cent in August. On the first day of September today, the stock continued its losing streak, falling 5 per cent.