2011 (11) TMI 878

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..... For the Respondents : Shyam Divan, Sr. Adv., Mahesh Agarwal, Nakul Mohta, Nirman Sharma and E.C. Agrawala, Advs. ORDER 1. This civil appeal is filed against the impugned order by the Securities Appellate Tribunal ('SAT', for short) wherein the SAT has held on the facts of this case that the Respondent has not acquired any control in the Target Company and, therefore, not require .....

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..... ad also taken control of the Target Company and, accordingly, complied with the requirements of both Regulation 10 as well as Regulation 12 of the Takeover Regulations. 4. Keeping in view the above changed circumstances, it is in the interest of justice to dispose of the present appeal by keeping the question of law open and it is also clarified that the impugned order passed by the SAT will no .....

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