SC stays recovery of Penalty imposed by SEBI on NDTV Promoters

Radhika Roy Vs SEBI (Supreme Court) FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER 1 We have heard Mr Mukul Rohatgi, senior counsel for the appellants and Mr Tushar Mehta, Solicitor General of India for the respondent. 2 By its order dated 15 February 2021, the Securities’ Appellate Tribunal (SAT) disposed of an application for stay of the recovery of a penalty imposed by an order of the Whole Time Member of SEBI dated 24 December 2020. SAT has granted a partial stay on the recovery of the penalty subject to a deposit of one half of the penalty. The order reads thus: “All the appeals raise ...