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    <title>2013 (9) TMI 623 - CALCUTTA HIGH COURT</title>
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    <description>The court upheld the constitutional validity of the challenged provisions of the SEBI Act and CIS Regulations, dismissing the writ petition. The petitioners were directed to pay costs of Rs.10,00,000, to be shared equally between the State Legal Services Authority and the Calcutta High Court Legal Services Authority. They were permitted to challenge SEBI&#039;s order before the Tribunal as per the law.</description>
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      <description>The court upheld the constitutional validity of the challenged provisions of the SEBI Act and CIS Regulations, dismissing the writ petition. The petitioners were directed to pay costs of Rs.10,00,000, to be shared equally between the State Legal Services Authority and the Calcutta High Court Legal Services Authority. They were permitted to challenge SEBI&#039;s order before the Tribunal as per the law.</description>
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