https://www.taxtmi.com/caselaws?id=109268 The court concluded that the SEBI regulations were validly laid before Parliament as required by Section 31 of the Act, and there was no modification or annulment. Therefore, the regulations continued to have the force of law. The petitioner's challenge to the constitutionality of the regulations was found to be without merit. As a result, the rule was discharged, and no costs were awarded. en-us Tue, 29 Jun 2004 00:00:00 +0530 Sat, 07 Apr 2012 11:46:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109268 The court concluded that the SEBI regulations were validly laid before Parliament as required by Section 31 of the Act, and there was no modification or annulment. Therefore, the regulations continued to have the force of law. The petitioner's challenge to the constitutionality of the regulations was found to be without merit. As a result, the rule was discharged, and no costs were awarded. Case-Laws Companies Law Tue, 29 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109268