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Ashok Dayabhai Shah And 16 Ors vs Securities And Exchange Board Of India ... on 22 December, 2023
cites
Section 29 in The Securities and Exchange Board of India Act, 1992 [Entire Act]
Article 136 in Constitution of India [Constitution]
Section 151 in The Code of Civil Procedure, 1908 [Entire Act]
Section 68 in The Companies Act, 2013 [Entire Act]
The Companies Act, 2013
Section 28 in The Securities and Exchange Board of India Act, 1992 [Entire Act]
Kkdil Nidhi Ltd. & Ors. vs Sebi on 4 May, 2021
19. Mr. Seervai would submit that on the day this Court disposed of the
writ petition on 1 December 2023, respondent Nos.2 to 9 did not inform
this Court that they had taken steps to challenge SEBI's order dated 10
November 2023 revoking the settlement, by filing of Writ Petitions, being
Writ Petition (C) No.1556 of 2023 (Bharat Nidhi Ltd. Vs. SEBI), Writ
S.B. Patwardhan & Others Etc. Etc vs State Of Maharashtra & Others on 4 May, 1977
In fact, in the varied stands taken by
the SEBI, we are reminded of the celebrated observations of Mr.
Justice Y. V. Chandrachud in S. B. Patwardhan & Ors. vs. State of
Maharashtra & Ors.1 when His Lordship in the facts of the said case
observed that the State was acting according to the moods of the
passing moment. The said observations needs to be noted, which
reads thus:-
Padam Sen And Another vs The State Of Uttar Pradesh on 27 September, 1960
In support of such
contention, Mr. Seervai has placed reliance on Padam Sen and Another vs.
The State of U.P.4.