Central Bank of India

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Adjudicating Officer order imposing Rs.3 lakhs penalty set aside

SAT-appeal

SAT matter SATV-02CE0AF87189C2B4D1472A78
Appeal No. 84 of 2017 disposed of as not surviving · No order as to costs
Appeal: Appeal No. 84 of 2017 disposed of on 3 April 2017 after the appellant stated that, due to the Recovery Officer's order dated 31 March 2017, the appeal did not survive.
Debenture trustee violations: no written agreements, acting despite associate/director overlap and outstanding loans to IL&FS, failure to communicate half-yearly compliance and disseminate reports/website/press release.
Appeal partly allowed · Adjudicating Officer order imposing Rs.3 lakhs penalty set aside
Appeal: Appeal No.386 of 2018 partly allowed on 9.9.2019 (reserved 14.8.2019); Rs.3 lakh AO penalty set aside, censure substituted

Analyse these matters in Ontology · Plans

Source: SecMarx — Central Bank of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.