business after the judgment of Hon'ble Supreme Court in PGF Ltd.
(12th March, 2013) and the letter dated 2nd July ... when the Hon'ble
Supreme Court, in the matter of PGF Limited observed that Section 11AA of
the SEBI Act would not be restricted
reading of the judgement of the
Apex Court in PGF Limited vs SEBI reported in AIR
2013 S.C. 3702. That decision is wholly
distinguishable
SEBI on the decision of the Apex
Court in case of PGF Ltd. vs. Union of India ( AIR
2013 S.C. 3702) and Sahara Indian ... page 1 is misplaced. The Apex Court decision in case
of PGF Ltd. (Supra) has no relevance to the present
case, as in that case
Supreme Court in the case of
PGF Ltd. vs. Union of India and Ors. decided on March 12,
2013
15
"52....... Apart from ... from the customers, the
remaining 2/3rd is pooled by the PGF Limited for the so
called development/improvement of the land sold in multiples
Supreme Court in the case of
PGF Ltd. vs. Union of India and Ors. decided on March 12,
2013
15
"52....... Apart from ... from the customers, the
remaining 2/3rd is pooled by the PGF Limited for the so
called development/improvement of the land sold in multiples
Supreme Court in the case of
PGF Ltd. vs. Union of India and Ors. decided on March 12,
2013
15
"52....... Apart from ... from the customers, the
remaining 2/3rd is pooled by the PGF Limited for the so
called development/improvement of the land sold in multiples
