DLF contests Sebi order in SAT


FE Team | Published: October 19, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



MUMBAI, Oct 18 (Business Standard): Realty major DLF has approached the Securities Appellate Tribunal (SAT) against an order of the Securities and Exchange Board of India (Sebi), by which it was barred from accessing capital markets for three years.
The tribunal has listed the matter for Wednesday, when it will decide on admissibility of the plea. Earlier this week, Sebi had barred DLF and six other related entities from accessing the securities market for violations of disclosure and investor protection (DIP) guidelines and for fraudulent trade practices during its Rs 90 billion initial public offering (IPO) in 2007.

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