0083-2021 HDFC Bank Ltd. vs SEBI
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Full text
(d) the date at which any person ceased to be a member: Provided that where the company has converted any of its shares into stock and given notice of the conversion to the Registrar, the register shall show the amount of stock held by each of the members concerned instead of the shares so converted which were previously held by him. (2) If default is made in complying with sub- section (1), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to five hundred rupees for every day during which the default continues.”
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Order Reserved: 06.1.2022 Date of Decision: 18.2.2022
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Source: SecMarx — 0083-2021 HDFC Bank Ltd. vs SEBI. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.