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Casting aspersion made against SEBI was not warranted; SC asks SAT to dilute adverse observations made against SEBI

January 29, 2020[2020] 113 539 (SC)

COMPANY LAW/SEBI ACT : Adverse observations made against SEBI in order of Securities Appellate Tribunal in Ashok Dayabhai Shah v. Securities and Exchange Board of India [2019] 111 290 (SAT - Mumbai), were to be diluted as casting aspersion against SEBI was not warranted

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