https://www.taxtmi.com/caselaws?id=220254 The court directed the Government to propose an amendment to the SEBI Act for appointing a Judge of the High Court as the Presiding Officer. The petition challenging the Ministry of Finance's order allowing the Securities Appellate Tribunal to function without a Presiding Officer was dismissed. The court found the petitioner lacked standing and suggested the petition might aim to disrupt Tribunal proceedings rather than serve public interest. The court emphasized the importance of genuine stake in public interest litigations. en-us Thu, 13 Dec 2012 00:00:00 +0530 Thu, 17 Jan 2013 07:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220254 The court directed the Government to propose an amendment to the SEBI Act for appointing a Judge of the High Court as the Presiding Officer. The petition challenging the Ministry of Finance's order allowing the Securities Appellate Tribunal to function without a Presiding Officer was dismissed. The court found the petitioner lacked standing and suggested the petition might aim to disrupt Tribunal proceedings rather than serve public interest. The court emphasized the importance of genuine stake in public interest litigations. Case-Laws Companies Law Thu, 13 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220254