The Securities Appellate Tribunal  SAT , in January, set aside a Rs 1,000-crore disgorgement order passed by the market regulator in 2019 against NSE.The Securities Appellate Tribunal  SAT , in January, set aside a Rs 1,000-crore disgorgement order passed by the market regulator in 2019 against NSE. Sebi later challenged SAT s order in the Supreme Court, saying there were inconsistencies in the tribunal s order. SAT upheld all the non-monetary directives issued by Sebi.The Securities Appellate Tribunal  SAT , in January, set aside a Rs 1,000-crore disgorgement order passed by the market regulator in 2019 against NSE. Sebi later challenged SAT s order in the Supreme Court, saying there were inconsistencies in the tribunal s order. SAT upheld all the non-monetary directives issued by Sebi.
SAT set aside a Rs 1,000-crore disgorgement order against NSE by Sebi in 2019, upholding non-monetary directives. Sebi challenged SAT's order in the Supreme Court due to inconsistencies.