Court Overturns Authority's Refusal to Rule, Citing Lack of New Evidence Violates SEBI Guidelines.

Jurisdiction of Authority for Advance Ruling - Refusal to give ruling on final hearing - Whether there was any contravention of SEBI guidelines - Authority is not correct in refusing to give a ruling at the time of final hearing in the absence of any fresh material, merely on the basis of the suspicion - HC .....

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