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    <title>1998 (11) TMI 500 - HIGH COURT OF BOMBAY</title>
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    <description>The court addressed the alleged violations of SEBI Regulations and share allotment issues. It directed SEBI to investigate and potentially annul the illegal share allotments made by the respondent company. The court rejected the petitioners&#039; request for interim relief, citing legal provisions. The petition was disposed of with the court granting certain prayers and instructing SEBI to conclude the inquiry by a specified date.</description>
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      <description>The court addressed the alleged violations of SEBI Regulations and share allotment issues. It directed SEBI to investigate and potentially annul the illegal share allotments made by the respondent company. The court rejected the petitioners&#039; request for interim relief, citing legal provisions. The petition was disposed of with the court granting certain prayers and instructing SEBI to conclude the inquiry by a specified date.</description>
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