TMI Blog2017 (7) TMI 1227X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMI - Seeking modifications in earlier order - Collective Investment Schemes (‘CIS’) run without obtaining registration from SEBI - Appellants been directed to refund the money collected from the investors under the schemes with promised returns - Held that:- We agree with the joint request made by counsel on both sides for modification in para 5(c) of the order dated 28.6.2017. [2017 (6) TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GEMENT Per : Justice J.P. Devadhar (Oral) 1. Not on Board. By a praecipe dated 18.7.2017 SEBI seeks certain modifications in para 4 and para 5(b) of our order dated 28.6.2017. We see no reason to make any such modifications. 2. However, we agree with the joint request made by counsel on both sides for modification in para 5(c) of the order dated 28.6.2017. Accordingly we direct th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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