2019 (11) TMI 1090

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..... in the interest of the securities market and investors in securities - whether SEBI as a market regulator could be said to have jurisdiction to pass any of the directions as contained in the SCN? - HELD THAT:- Appearing on behalf of the respondents, accepts notice. Reply to the appeal, if any, be filed within two weeks. The observations made in Paragraph 78 of the impugned Judgment and Order as .....

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..... la and Co. ORDER Issue notice. Ms. Ruby Singh Ahuja, learned counsel, appearing on behalf of the respondents, accepts notice. Reply to the appeal, if any, be filed within two weeks. The observations made in Paragraph 78 of the impugned Judgment and Order as to powers and jurisdiction of SEBI shall remain stayed t .....

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