https://www.taxtmi.com/caselaws?id=213746 The High Court upheld the validity of a SEBI circular regulating mutual fund schemes, emphasizing SEBI's authority under section 11 of the Securities Exchange Board of India Act, 1992 to protect investors and regulate the securities market. The circular aimed to enhance transparency by eliminating entry loads and ensuring fair treatment for investors. The court dismissed challenges regarding discrimination between distributors, emphasizing SEBI's power to regulate distributors for investor protection. The judgment highlighted the positive impact of the circular in promoting transparency and fair practices in mutual fund transactions, ultimately affirming SEBI's regulatory authority over mutual fund distributors. en-us Fri, 22 Jul 2011 00:00:00 +0530 Wed, 13 Feb 2013 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213746 The High Court upheld the validity of a SEBI circular regulating mutual fund schemes, emphasizing SEBI's authority under section 11 of the Securities Exchange Board of India Act, 1992 to protect investors and regulate the securities market. The circular aimed to enhance transparency by eliminating entry loads and ensuring fair treatment for investors. The court dismissed challenges regarding discrimination between distributors, emphasizing SEBI's power to regulate distributors for investor protection. The judgment highlighted the positive impact of the circular in promoting transparency and fair practices in mutual fund transactions, ultimately affirming SEBI's regulatory authority over mutual fund distributors. Case-Laws Companies Law Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213746