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<h1>Disclosure obligations in IPO prospectuses: non-interference affirmed, regulatory disclosure order and lower ruling left intact.</h1> Insufficient disclosure in the Draft Red Herring Prospectus and Red Herring Prospectus triggered enforcement under a regulatory general order issued under ... Lack of proper disclosure in the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) for the Initial Public Offering (IPO) - contents of General Order issued by SEBI u/s 11A - HELD THAT:- We are not inclined to interfere with the impugned order [2025 (12) TMI 377 - BOMBAY HIGH COURT] in exercise of our jurisdiction under Article 136 of the Constitution of India. The Special Leave Petition is, accordingly, dismissed and the accompanying interlocutory application(s), if any, stands disposed of. Outcome: Special Leave Petition dismissed [No detailed order].
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