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SEBI - Highlights / Catch Notes

Home Highlights March 2022 Year 2022 This

Violation of provisions of the Act and the PFUTP Regulations - ...

SEBI

March 29, 2022

Violation of provisions of the Act and the PFUTP Regulations - The freedom to evolve and interpret laws must belong to the Tribunal to subserve the Regulatory regime for clarity and consistency. These are policy and functional considerations which the Supreme Court will keep in mind while exercising its jurisdiction under Section 15Z. - Tribunal has reversed the findings of SEBI on the basis of its own inferences drawn from the documents on record. The decision of the Tribunal is fact-based and does not give rise to any question of law for invoking the jurisdiction of the Supreme Court under Section 15Z. - SC

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