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        SEBI

        2023 (6) TMI 1464 - AT - SEBI

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        Ex parte ad-interim restraint left in place, with liberty to reply and seek vacation of the interim direction. An ex parte ad-interim order-cum-show cause notice was left undisturbed, with the appeal disposed of without interference. The appellant was given liberty ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Ex parte ad-interim restraint left in place, with liberty to reply and seek vacation of the interim direction.

                              An ex parte ad-interim order-cum-show cause notice was left undisturbed, with the appeal disposed of without interference. The appellant was given liberty to file a reply and seek vacation of the interim direction, and the impugned direction was kept in abeyance for the meantime. The operative effect was preservation of the interim restraint pending consideration of the reply on the merits.


                              Outcome: The appeal was disposed of without interference in the impugned ex parte ad-interim order-cum-show cause notice, with liberty to file a reply and seek vacation of the interim direction, and the impugned direction was kept in abeyance in the meantime.

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