Search Results Page

Search Results

1 - 10 of 184 (1.29 seconds)
Documents citing T. Takano vs Securities And Exchange Board Of India on 18 February, 2022

Tata Power Delhi Distribution Limited vs Delhi Electricity Regulatory ... on 18 May, 2026

22. Supreme court in T. Takano vs. SEBI (supra) has referred to above paragraphs of Kothari Filament (supra) judgement and has reiterated the principle that an aggrieved party possesses a right to disclosure of material relevant to the proceedings initiated against it. In the present case, though the Auditor's report/observation appears to be based on the financial statements and other details provided by the Appellant, however the basis/ details for arriving at the conclusion that disallowed amount of Rs 17.43 Crore is covered in the Normative O&M charges is not disclosed to the Appellant and accordingly we are of the considered view that ratio laid down in the aforesaid judgments squarely applies to the facts of the present case insofar as the requirement of disclosure of relevant material to the affected party is concerned. The failure to disclose the relevant material forming the basis of the disallowance has resulted in denial of an Page 13 of 26 Judgement in Appeal Nos. 213 of 2018 effective opportunity to the Appellant to rebut, explain, or controvert the findings recorded by the Auditor.
Appellate Tribunal For Electricity Cites 22 - Cited by 0 - Full Document

Rajesh Galhotra & Ors vs Indian Bank on 29 May, 2025

10. Further, Mr. Sibal has also relied upon the decision of the Coordinate Bench of this Court dated 22.05.2024 passed in W.P.(C) 1730/2024 titled as Shantanu Prakash v. State Bank of India and Ors., wherein this Court relying upon the decision of T. Takano (supra) has observed that it is imperative that the relevant documents that form basis of issuance of show- cause notice, ought to be provided to the concerned party in order to enable such a party to raise its defence effectively. Relevant Para of the said decision reads thus:
Delhi High Court - Orders Cites 3 - Cited by 0 - Full Document

Sh. Lagadapati Madhusudhan Rao & Ors vs Idbi Bank Limited on 30 July, 2025

consequences, and underlines the "imperative" need to adhere to a "transparent mechanism". The avoidance of information asymmetry and the means of ensuring transparency as outlined by the hon'ble Supreme Court in Takano [T. Takano v. Securities and Exchange Board of India, (2022) 8 SCC 162 would necessarily mean that principles of natural justice, including the need to provide the underlying material, are inherent and implicit in the process stipulated under the Master Circular. The material and information in question for disclosure to the noticee would be all "relevant" material and not just information that is "relied upon" or "referred to" in the show-cause notice.
Delhi High Court - Orders Cites 2 - Cited by 0 - Full Document

M/S Rcc Infraventures Ltd & Ors vs Reserve Bank Of India & Ors on 29 August, 2025

consequences, and underlines the "imperative" need to adhere to a "transparent mechanism". The avoidance of information asymmetry and the means of ensuring transparency as outlined by the hon'ble Supreme Court in Takano [T. Takano v. Securities and Exchange Board of India, (2022) 8 SCC 162 would necessarily mean that principles of natural justice, including the need to provide the underlying material, are inherent and implicit in the process stipulated under the Master Circular. The material and information in question for disclosure to the noticee would be all "relevant" material and not just information that is "relied upon" or "referred to" in the show-cause notice.
Delhi High Court Cites 8 - Cited by 0 - Full Document

Mr Ramchandra Purohit And Anr vs Punjab National Bank And Anr on 17 July, 2025

13. Mr. J. Sai Deepak has also relied upon the decision of the Coordinate Bench of this Court dated 22.05.2024 passed in W.P.(C) 1730/2024 titled as Shantanu Prakash v. State Bank of India and Ors., wherein this Court relying upon the decision of T. Takano (supra) has observed that it is imperative that the relevant documents that form basis of issuance of show- cause notice, ought to be provided to the concerned party in order to enable such a party to raise its defence effectively. Relevant Para of the said decision reads thus:
Delhi High Court - Orders Cites 3 - Cited by 0 - Full Document

Mr Ramchandra Purohit And Anr vs Punjab National Bank And Anr on 17 July, 2025

13. Mr. J. Sai Deepak has also relied upon the decision of the Coordinate Bench of this Court dated 22.05.2024 passed in W.P.(C) 1730/2024 titled as Shantanu Prakash v. State Bank of India and Ors., wherein this Court relying upon the decision of T. Takano (supra) has observed that it is imperative that the relevant documents that form basis of issuance of show- cause notice, ought to be provided to the concerned party in order to enable such a party to raise its defence effectively. Relevant Para of the said decision reads thus:
Delhi High Court - Orders Cites 3 - Cited by 0 - Full Document

Sumit Nanda vs Bank Of India & Anr on 25 July, 2025

consequences, and underlines the "imperative" need to adhere to a "transparent mechanism". The avoidance of information asymmetry and the means of ensuring transparency as outlined by the hon'ble Supreme Court in Takano [T. Takano v. Securities and Exchange Board of India, (2022) 8 SCC 162 would necessarily mean that principles of natural justice, including the need to provide the underlying material, are inherent and implicit in the process stipulated under the Master Circular. The material and information in question for disclosure to the noticee would be all "relevant" material and not just information that is "relied upon" or "referred to" in the show-cause notice.
Delhi High Court - Orders Cites 3 - Cited by 0 - Full Document

Sh. Lagadapati Madhusudhan Rao & Ors vs Punjab National Bank on 22 July, 2025

14. Having regard to the rival submissions of the learned counsel for the parties and the law laid down by Hon'ble Supreme Court in T. Takano (supra), as well as, Milind Patel (supra), the present petition is disposed of with a direction that the petitioners will appear before the concerned authority of the respondent/PNB on a date to be intimated to the petitioner by the respondent/PNB, and will furnish the list of relevant documents required by them. The said authority will examine the relevancy of those documents and will pass a speaking order in respect thereof.
Delhi High Court - Orders Cites 2 - Cited by 0 - Full Document
1   2 3 4 5 6 7 8 9 10 Next