https://www.taxtmi.com/caselaws?id=112119 The court dismissed the petition seeking a writ of mandamus to direct an inquiry into price manipulation/inside trading, ruling it as not maintainable. It emphasized SEBI's authority to investigate stock market matters and highlighted that individual shareholders cannot compel SEBI to act based on personal losses. The court also clarified that public interest litigations (PILs) related to stock market issues, like price manipulation, are outside its jurisdiction, leading to the dismissal of the petition. en-us Mon, 25 Feb 2008 00:00:00 +0530 Thu, 26 Apr 2012 16:44:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112119 The court dismissed the petition seeking a writ of mandamus to direct an inquiry into price manipulation/inside trading, ruling it as not maintainable. It emphasized SEBI's authority to investigate stock market matters and highlighted that individual shareholders cannot compel SEBI to act based on personal losses. The court also clarified that public interest litigations (PILs) related to stock market issues, like price manipulation, are outside its jurisdiction, leading to the dismissal of the petition. Case-Laws Companies Law Mon, 25 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112119