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AT-1 bonds case: Yes Bank to appeal Rs 25 crore fine by Sebi


AT-1 bonds case: Yes Bank to appeal Rs 25 crore fine by Sebi
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AT-1 bonds case: Yes Bank to appeal Rs 25 crore fine by Sebi
PTI / Apr 12, 2021, 23:08 IST
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NEW DELHI: Private sector Yes Bank on Monday said it will move the Securities Appellate Tribunal against a Rs 25 crore fine imposed by Sebi for allegedly mis-selling its AT-1 bonds.
The announcement came hours after markets regulator Sebi imposed a penalty of Rs 25 crore on the lender in the case.
In a regulatory filing, the lender said the Bank shall be preferring an appeal before the Hon ble Securities Appellate Tribunal. ....

Bank Ltd , Supreme Court , Bank On , Exchange Board Of India Sebi , High Court , Yes Bank , Securities Appellate Tribunal , Hon Ble Securities Appellate Tribunal , Yes Bank Ltd , Fixed Deposits , Additional Tier , Banking Regulation Act , Transfer Petition , Exchange Board , வங்கி லிமிடெட் , உச்ச நீதிமன்றம் , வங்கி ஆன் , பரிமாற்றம் பலகை ஆஃப் இந்தியா செபி , உயர் நீதிமன்றம் , ஆம் வங்கி , பத்திரங்கள் மேல்முறையீடு தீர்ப்பாயம் , க .ரவ ப்ளே பத்திரங்கள் மேல்முறையீடு தீர்ப்பாயம் , ஆம் வங்கி லிமிடெட் , சரி செய்யப்பட்டது வைப்பு , வங்கி ஒழுங்குமுறை நாடகம் , பரிமாற்றம் மனு ,

Supreme Court Monthly Digest: March 2021 [74 SC Judgments] [Citation LL 2021 SC 118 To LL 2021 SC 192]


A Bench comprising of
Navin Sinha and
KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code.
Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice RF Nariman observed in the judgment titled P Mohanraj & Ors. v. M/s Shah Brothers Ispat Ltd. ....

New Delhi , Jammu And Kashmir , Uttar Pradesh , State Of West Bengal , West Bengal , Andhra Pradesh , Madhya Pradesh , Himachal Pradesh , State Of Rajasthan , Tamil Nadu , State Of Assam , State Of Andhra Pradesh , State Of Kerala , Chaganti Satyanarayan , Surya Kant , Lalita Kumari , Evam Vikas Parishad , Sanjay Kishan Kaul , Indira Banerjee , Abuzar Hossain Ghulam , Pramod Suryabhan Pawar , Aniruddha Bose , Mohan Shantanagoudar , L Nageswara Rao , Patricia Mukhim , Sushila Aggarwal ,