https://www.taxtmi.com/caselaws?id=112599 The court upheld SEBI's authority to issue a circular regulating mutual fund entry loads under Section 11(2)(b) of the SEBI Act, emphasizing SEBI's power to protect investors and regulate the securities market. The court rejected claims of infringement of constitutional rights under Articles 19(1)(g) and 21, stating the circular did not hinder trade. Additionally, the court dismissed allegations of discrimination under Article 14, highlighting the rational classification of mutual fund distributors and the circular's aim to enhance transparency for investors. The writ petition challenging the circular was ultimately dismissed, affirming SEBI's regulatory role and the circular's investor-centric objectives. en-us Fri, 24 Jul 2009 00:00:00 +0530 Wed, 05 Nov 2014 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112599 The court upheld SEBI's authority to issue a circular regulating mutual fund entry loads under Section 11(2)(b) of the SEBI Act, emphasizing SEBI's power to protect investors and regulate the securities market. The court rejected claims of infringement of constitutional rights under Articles 19(1)(g) and 21, stating the circular did not hinder trade. Additionally, the court dismissed allegations of discrimination under Article 14, highlighting the rational classification of mutual fund distributors and the circular's aim to enhance transparency for investors. The writ petition challenging the circular was ultimately dismissed, affirming SEBI's regulatory role and the circular's investor-centric objectives. Case-Laws Companies Law Fri, 24 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112599