https://www.taxtmi.com/caselaws?id=105455 The court dismissed the writ petition, ruling that SEBI and the respondents adhered to the SEBI Act and Takeover Regulations. It found the disclosures in the letters of offer sufficient and deemed the timing requirements under Regulation 22 as directory. The petitioners' failure to show substantial prejudice or statutory violations led to the denial of the writ of mandamus. The court did not grant an extension for the offers due to the interim stay not impacting their opening or closing. en-us Fri, 06 Jul 2001 00:00:00 +0530 Mon, 05 Mar 2012 16:59:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105455 The court dismissed the writ petition, ruling that SEBI and the respondents adhered to the SEBI Act and Takeover Regulations. It found the disclosures in the letters of offer sufficient and deemed the timing requirements under Regulation 22 as directory. The petitioners' failure to show substantial prejudice or statutory violations led to the denial of the writ of mandamus. The court did not grant an extension for the offers due to the interim stay not impacting their opening or closing. Case-Laws Companies Law Fri, 06 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105455