0095-2020 Man Industries India Ltd vs SEBI
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Full text
“10. Under 7(2)(a) every promoter, employee and director is required to disclose such securities acquired or disposed of within two trading days of such transaction to the Company if the value exceeds 10 lakhs. Under Regulation 7(2)(b) every Company shall notify the particulars of such trading to the stock exchange within two trading days of receipt of the disclosure or becoming aware of such information. In our opinion, the burden lies upon the Company to notify the particulars of such transaction to the stock exchange within two trading days from the receipt of the disclosure fro
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Hearing : 30.08.2022 Date of Decision : 02.09.2022
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Source: SecMarx — 0095-2020 Man Industries India 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.