https://www.taxtmi.com/caselaws?id=104447 The court disposed of the writ petition, directing SEBI to expedite its inquiry and secure the shares acquired by respondents 4 to 13 until the investigation's completion. SEBI's decision not to suspend the public offer was upheld, emphasizing the need to protect shareholders' interests and adhere to the Takeover Code. The court affirmed SEBI's authority to issue interim orders to safeguard investors and regulate the securities market, highlighting the importance of thorough investigation and consideration of all relevant facts and defenses. en-us Thu, 10 Dec 1998 00:00:00 +0530 Wed, 29 Feb 2012 11:37:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104447 The court disposed of the writ petition, directing SEBI to expedite its inquiry and secure the shares acquired by respondents 4 to 13 until the investigation's completion. SEBI's decision not to suspend the public offer was upheld, emphasizing the need to protect shareholders' interests and adhere to the Takeover Code. The court affirmed SEBI's authority to issue interim orders to safeguard investors and regulate the securities market, highlighting the importance of thorough investigation and consideration of all relevant facts and defenses. Case-Laws Companies Law Thu, 10 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104447