Offence under SEBI - Petitioner seeking documents relied upon by ...

Petition for Access to SEBI Inquiry Documents Dismissed; Disclosure Not Required u/r 3 Unless Relied Upon.

September 16, 2022

Case Laws     SEBI     SC

Offence under SEBI - Petitioner seeking documents relied upon by the Respondent-SEBI - Inquiry is in process - The documents relied upon for formation of opinion under Rule 3, are not required to be disclosed to the noticee unless relied upon in the inquiry. In the event, the Petitioner is prejudiced by reason of any adverse order, based on any materials not supplied to the Petitioner, or any prejudice is demonstrated to have been caused to the Petitioner, it would be open to the Petitioner to approach the appropriate forum. - Petition dismissed - SC

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