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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. ....
Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order. ....
Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order. ....
A pivotal aspect of the Act is the concept of authorisation for the provision of telecom services. Authorisation is like deciding entry to a party. It can manifest in various forms, from the velvet rope of licensing to the complete freedom of open entry, with other forms such as general authorisation and registration also available. ....