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SEBI - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Failure of SEBI to provide documents to the appellant being ...

Case Laws     SEBI

December 6, 2023

Failure of SEBI to provide documents to the appellant being minority shareholders - SEBI from 23 October 2023 has not complied our order directing that the documents be furnished to the petitioners. As pointed out on behalf of the petitioners, SEBI has resorted to all possible efforts, not to comply with the order dated 23 October, 2023. - Moreover, not providing such documents, merely on the ground of the subsequent development that the settlement orders now stands revoked, would completely be an untenable proposition and contrary to our orders - Directions issued - HC

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