https://www.taxtmi.com/caselaws?id=215001 The court dismissed the petition challenging SEBI's order, emphasizing that the Tribunal under section 15T of the SEBI Act was competent to address all issues. The court held that Article 226 should not be invoked unless exceptional circumstances exist, such as the absence of a functioning Tribunal. It concluded that no extraordinary situation warranted judicial review under Article 226, directing the petitioners to appeal to the Tribunal and granting them liberty to do so without costs. en-us Wed, 23 Mar 2011 00:00:00 +0530 Fri, 08 Feb 2013 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215001 The court dismissed the petition challenging SEBI's order, emphasizing that the Tribunal under section 15T of the SEBI Act was competent to address all issues. The court held that Article 226 should not be invoked unless exceptional circumstances exist, such as the absence of a functioning Tribunal. It concluded that no extraordinary situation warranted judicial review under Article 226, directing the petitioners to appeal to the Tribunal and granting them liberty to do so without costs. Case-Laws Companies Law Wed, 23 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215001