https://www.taxtmi.com/caselaws?id=233850 The Tribunal dismissed the investors' claim for compensation for losses incurred in purchasing shares from a listed company, stating that SEBI lacked jurisdiction to grant such compensation. However, SEBI was directed to investigate the misleading advertisements by the company and take action if fraudulent practices were discovered. The stock exchange was instructed to cooperate with SEBI in the investigation. en-us Tue, 30 Apr 2013 00:00:00 +0530 Mon, 19 Aug 2013 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233850 The Tribunal dismissed the investors' claim for compensation for losses incurred in purchasing shares from a listed company, stating that SEBI lacked jurisdiction to grant such compensation. However, SEBI was directed to investigate the misleading advertisements by the company and take action if fraudulent practices were discovered. The stock exchange was instructed to cooperate with SEBI in the investigation. Case-Laws Companies Law Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233850