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Sebi vs Abhipra Capital Ltd. on 17 August, 2007 cites

Bhoruka Financial Services Ltd. vs Securities And Exchange Board Of India on 10 May, 2006

4.16 Securities Appellate Tribunal (SAT) in the matter of M/s. Bhoruka Financial Services Ltd. v. SEBI, SAT Appeal No. 18/2006. The Hon'ble SAT vide its order dated May 10, 2006 observed that Board while exercising its functions under the SEBI Act with a view to protect the interest of investors and also to protect the integrity of the market and without prejudice to the provisions of Sub-sections (1), (2A) & (3) of Section 11 and 11B can by an order, for reasons to be recorded in writing, take any of the measures referred to in Sub-section (4) of Section 11and those measures can be taken either pending investigations or enquiry or on completion of such investigation or enquiry.
Securities Appellate Tribunal Cites 17 - Cited by 7 - Full Document

Karvy Stock Broking Ltd. vs Sebi on 8 January, 2007

4.17 In the matter of M/s Karvy Stock Broking Ltd. v. SEBI also wherein M/s Karvy had challenged the interim order passed by SEBI dated May 26, 2006 directing the appellant not to act as a depository participant pending enquiry and passing of final orders except for acting on the instructions of existing beneficial owners, the Hon'ble Securities Appellate Tribunal in its order dated January 8, 2007, has observed as follows:
Securities Appellate Tribunal Cites 27 - Cited by 19 - Full Document
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