A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.
"Impugned order was passed in 2023 which was challenged in 2023 and after one year, now the matter is being circulated."
"No question of law involved in this appeal warranting our interference. Dismissed. You can't chase a person like this for years," the bench said.
Sebi had moved the top court against the December 4, 2023, order of the Securities Appellate Tribunal (SAT).
The SAT ruling came after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (Sebi) in January 2021.
This story is from the November 12, 2024 edition of Business Standard.
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This story is from the November 12, 2024 edition of Business Standard.
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