TMI BlogOffences under SEBI - collective investment schemes without applying for registration - petitioner...Offences under SEBI - collective investment schemes without applying for registration - petitioner (directors) was summoned for the offences under Sections 24(1) and 27 of the SEBI Act - Whether the present petitioner shall be liable as the director of the accused company with regard to the violations committed by the said entity in question is a matter of trial and shall be adjudicated before the Trial Court of competent jurisdiction. - Petition dismissed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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