which such payment is made."
47. On the interest on disgorgement of the excess Rajasthan
Sales Tax incentive, it is submitted that the undertaking ... only encourages non-compliance and litigation. The petitioner-
Company is not only disgorging all the benefits but making the
creditor whole i.e. ordering restitution
Section 11 of SEBI Act to provide that the amount disgorged, pursuant to a direction issued under Section 11B of this Act or Section ... Government is brining this Bill and I heartily welcome this Bill. The disgorgement order, particularly, is a wonderful thing, which he is going
Review Applicants in Review Application.
Respondent has also specifically submitted that the
disgorgement proceedings against eight other
connected persons in the matter of Ojas Technochem ... have
not at all been discriminated in any manner
whatsoever in passing disgorgement order in
question."
3
3. Learned counsel for the applicant SEBI
bank accounts of appellants have
been attached to recover amounts due under disgorgement order dated
July 21, 2009. By disgorgement order dated July ... appellants
were called upon to disgorge unlawful gain of ` 4.05 crore with simple
interest thereon at the rate of 12% for four years
specified period; (b) Removal from Management; (c) Direction in the nature of disgorgement, where it is possible to identify the investors who have incurred losses ... investors. (3) The settlement amount, excluding the legal costs and disgorgement amount, shall be credited to the Consolidated Fund of India. (4) [ The application
specified period; (b) Removal from Management; (c) Direction in the nature of disgorgement, where it is possible to identify the investors who have incurred losses ... investors. (3) The settlement amount, excluding the legal costs and disgorgement amount, shall be credited to the Consolidated Fund of India. (4) [ The application
latches, specially, in the circumstances, that the
petitioners, were willing to disgorge the benefits with interest taken under
the CPF Scheme. Apart from relying
action against
the officers, the concerned mining lease
holders are made to disgorge the profits made
by them because of mining leases illegally
granted
branch or which the petitioner or his branch is liable to disgorge for such assets
and business to be allotted to the second or third
which amounts have not
even been sought to be disgorged by the plaintiff while assailing the
said transactions which is ex-facie exhibitive of their
