Supreme Court dismisses appeal challenging SEBI; appellants' director role arguments deemed unpersuasive; case closed.

SC dismissed Civil Appeal No. 5091 of 2019 against the Securities and Exchange Board of India. The appellants' arguments regarding their roles as Directors were not persuasive. Consequently, the civil appeals were dismissed, and all pending applications were disposed of.

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The Supreme Court dismissed Civil Appeal No. 5091 of 2019 titled Sanjay Raghunath Prasad Gupta v. Securities and Exchange Board of India. The court was not influenced by the appellants' attempts to distinguish their roles as Directors. The civil appeals were dismissed and pending applications were disposed of.

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