https://www.taxtmi.com/caselaws?id=240919 The Tribunal upheld SEBI's order and dismissed the appeal, stating that the proposed method did not comply with the minimum public shareholding requirement and did not ensure a dispersed shareholding structure. The Tribunal emphasized the importance of maintaining public participation in listed companies to prevent market manipulation. The appeal was deemed meritless, and the interim relief granted earlier was vacated. en-us Wed, 03 Jul 2013 00:00:00 +0530 Sat, 14 Dec 2013 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240919 The Tribunal upheld SEBI's order and dismissed the appeal, stating that the proposed method did not comply with the minimum public shareholding requirement and did not ensure a dispersed shareholding structure. The Tribunal emphasized the importance of maintaining public participation in listed companies to prevent market manipulation. The appeal was deemed meritless, and the interim relief granted earlier was vacated. Case-Laws Companies Law Wed, 03 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240919