https://www.taxtmi.com/caselaws?id=111039 The HC determined it lacked jurisdiction under Sections 15Y and 20A of the SEBI Act to entertain the suit concerning alleged breaches of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The court directed plaintiffs to pursue remedies through SEBI, which holds exclusive authority. Consequently, the suit and related motions were dismissed as infructuous. en-us Wed, 30 Nov 2005 00:00:00 +0530 Tue, 09 Apr 2024 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111039 The HC determined it lacked jurisdiction under Sections 15Y and 20A of the SEBI Act to entertain the suit concerning alleged breaches of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The court directed plaintiffs to pursue remedies through SEBI, which holds exclusive authority. Consequently, the suit and related motions were dismissed as infructuous. Case-Laws Companies Law Wed, 30 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111039