THE SUPREME COURT on Monday issued a contempt notice to the Securities and Exchange Board of India (Sebi) on Reliance Industries' (RIL) plea alleging non-compliance of its August 5 order that directed the market regulator to provide the company access to certain documents.
While the regulator cited pendency of its review petition for not acting upon the court's order, the SC said it cannot be a ground to stay the order.
The company had sought three documents from Sebi that it had claimed would exonerate it and its promoters from criminal prosecution initiated in a case related to the alleged irregularities in acquisition of its own shares between 1994 and 2000.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
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Nestle adds sugar to infant milk and cereal, finds report
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Samsung eyes ₹10,000 cr from India TV biz this year
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Microsoft AI Copilot speed boost for coding
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US, China debt pose risks for global public finances: IMF
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Language models in consumer tech
This move is designed to ensure better user experience & privacy
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Vi FPO: Foreign players invest big; about ₹5,400 crore raised
GQG, Fidelity buy almost 40% of the anchor investor portion
