{"id":57263,"date":"2022-04-04T14:25:37","date_gmt":"2022-04-04T08:55:37","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=57263"},"modified":"2022-04-04T14:25:38","modified_gmt":"2022-04-04T08:55:38","slug":"proceedings-under-section-12a-of-sebi-act-must-be-initiated-within-a-reasonable-time-sat","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/proceedings-under-section-12a-of-sebi-act-must-be-initiated-within-a-reasonable-time-sat\/","title":{"rendered":"Proceedings under Section 12A of SEBI Act must be initiated within a reasonable time: SAT"},"content":{"rendered":"<p>The Securities Appellate Tribunal (SAT) in Mumbai, while quashing the order passed by the assessing officer, decided that the proceedings under section 12A of the SEBI Act must be initiated within a reasonable time.<\/p>\n\n\n\n<p>During the period May 1, 2008, to September 30, 2009, the securities exchange board of India has investigated to monitor the irregular trading activities under Sterling International Enterprises Ltd. A show-cause notice dated February 12 2020, was issued to the appellant to show why action shouldn&rsquo;t be taken against them under section 15A for violating section 12A read with regulations 3 and 4 of the Prohibition of Fraudulent and Unfair Trade Practices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities Appellate Tribunal (SAT) in Mumbai, while quashing the order passed by the assessing officer, decided that the proceedings under section 12A of the SEBI Act must be initiated within a reasonable time. During the period May 1, 2008, to September 30, 2009, the securities exchange board of India has investigated to monitor the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":57264,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proceedings under Section 12A of SEBI Act must be initiated: SAT<\/title>\n<meta name=\"description\" content=\"SAT in Mumbai, decided that the proceedings under section 12A of the SEBI Act must be initiated within a reasonable time.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/proceedings-under-section-12a-of-sebi-act-must-be-initiated-within-a-reasonable-time-sat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proceedings under Section 12A of SEBI Act must be initiated: SAT\" \/>\n<meta property=\"og:description\" content=\"SAT in Mumbai, decided that the proceedings under section 12A of the SEBI Act must be initiated within a reasonable time.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/proceedings-under-section-12a-of-sebi-act-must-be-initiated-within-a-reasonable-time-sat\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-04T08:55:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/04\/Proceedings-under-Section-12A-of-SEBI-Act-must-be-initiated-within-a-reasonable-time-SAT-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57263"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=57263"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57263\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/57264"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=57263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}