2016 (11) TMI 1662

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..... ongoing investigations will be completed within six months from today, provided the respondents before us cooperate. We accept the said submission and expect that the ongoing investigations will decide one way or the other whether the respondents floated a Collective Investment Scheme (CIS). In the unlikely event that SEBI's investigation does not or is not complete within the period of si .....

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..... v., Mr. E. C. Agrawala, Adv. ORDER By an order dated 24.08.2015, Securities and Exchange Board of India (SEBI) reiterated an ex-parte order dated 03.06.2015 which was treated as a show cause notice in the facts of this case, and detailed directions were issued by this order. In an appeal to the Securities Appellate Tribunal, by the impugned judgment dated 03.02.2016, all factual findin .....

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