https://www.taxtmi.com/caselaws?id=108562 The High Court of Bombay determined the maintainability of appeals under section 15Z of the SEBI Act. The Court clarified that only orders affecting substantive rights were appealable under the provision, excluding purely procedural orders. Emphasizing the need for a streamlined approach to appeals, the Court held that the appeals in question, challenging procedural matters that did not impact parties' rights, were not maintainable. Consequently, the appeals were dismissed, granting the appellants time to respond or allowing SEBI to proceed ex parte if no reply was filed within the specified period. en-us Thu, 31 Oct 2002 00:00:00 +0530 Mon, 02 Apr 2012 16:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108562 The High Court of Bombay determined the maintainability of appeals under section 15Z of the SEBI Act. The Court clarified that only orders affecting substantive rights were appealable under the provision, excluding purely procedural orders. Emphasizing the need for a streamlined approach to appeals, the Court held that the appeals in question, challenging procedural matters that did not impact parties' rights, were not maintainable. Consequently, the appeals were dismissed, granting the appellants time to respond or allowing SEBI to proceed ex parte if no reply was filed within the specified period. Case-Laws Companies Law Thu, 31 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108562