0413-2020 Prabhat Dairy Ltd. and Others vs SEBI
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Full text
(i) Noticee no. 1 i.e. PDL is directed to deposit within seven working days from the date of receipt of this Order, the amount of Rs. 1292.46 Crore to an interest bearing Special Escrow Account [“Escrow Account in Compliance with SEBI Order dated October 20, 2020 – A/c (in the name of the Company)”] in a Nationalized Bank. The Audit Committee of PDL shall directly monitor the process of creation of this Special Escrow Account and its funding as directed by this Order and furnish a Compliance Report to SEBI by October 30, 2020. (ii) The subsequent operations in the abov
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — 0413-2020 Prabhat Dairy Ltd. and Others 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.