2020 (12) TMI 1208

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..... es, the trustees are permitted to call meeting of unit holders to seek their consent/approval could be misread and treated as a precedent. This it is stated would create difficulties. We clarify that order [ 2020 (12) TMI 1209 - SUPREME COURT] has been passed in the peculiar facts and circumstances ofthe case and to expedite the hearing and decision in the present special leave petitions. The same should not be treated as a precedent in any other matter. SEBI shall appoint an observer regarding the e-voting of unit holders which is scheduled between 26 th December to 29th December, 2020. The result of the e-voting would not be announced and would be produced before us in a sealed cover along with the report of the observer appoin .....

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..... For Respondent(s) Mr. Tushar Mehta, SG, Mr. Arvind P.Datar, Sr. Mr. Pratap Venugopal, Ms. Surekha Raman, Ms. Ayushi Gaur, Mr. Akhil Abraham Roy, Mr. Vijay Valsan, For M/S. K J John And Co, Mr. Tushar Mehta, SG, Mr. Gurmeet Singh Makker, Mr. Rajat Nair, Ms. Garima Prasad, Mr. Shyam Divan,Sr. .Mr. Nithyaesh Natraj, Mr. R.Vaibhav, Mr. Anirudh Sriram, Mr. Shivam Singh, Mr. Sahil Raveen, Mr. Jaideep Khanna, Ms. Anshula Laroiya, Mr. Gopal Singh, Mr. Ravindra Shrivastava,Sr. .Mr. Abhinav Shrivastava, AORMr. Arpit Jain, Mr. Karan Kohli, Mr. Arjun Garg, Ms. Garima Tiwari, Mr. Puneet Jain, Mr. Harshit Khanduja, Mr. Harsh Jain, Mr. Akshat Maheshwari, Mr. Harshvardhan Sharma, Mr. Neeraj Sharma, Ms. Christi Jain, Mr. Paritosh Gupta, Mr. Aditya Singla, .....

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..... ls. An apprehension is expressed on behalf of the SEBI that the last order recording that without prejudice to the rights and contentions of all parties, the trustees are permitted to call meeting of unit holders to seek their consent/approval could be misread and treated as a precedent. This it is stated would create difficulties. We clarify that order dated 3rd December, 2020 has been passed in the peculiar facts and circumstances ofthe case and to expedite the hearing and decision in the present special leave petitions. The same should not be treated as a precedent in any other matter. SEBI shall appoint an observer regarding the e-voting of unit holders which is scheduled between 26 th December to 29th December, 2020. The resu .....

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