Articles for tag: Citing, Concerns, confidentiality, Court, Denies, Indias, Investigations, Linde, Ongoing, Plea, relatedparty, SEBIdirected, Supreme, Transactions, Valuation

The Supreme Court denies Linde India’s plea against SEBI-directed valuation, citing confidentiality concerns amid ongoing investigations into related-party transactions.

The Supreme Court has denied Linde India’s request for relief regarding a valuation process mandated by the Securities and Exchange Board of India (Sebi). This follows the company’s earlier appeal to the Securities Appellate Tribunal (SAT), which supported Sebi’s decision. Sebi instructed the National Stock Exchange (NSE) to appoint a valuer to evaluate Linde India’s ...