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    <title>2015 (3) TMI 369 - DELHI HIGH COURT</title>
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    <description>The court upheld the validity of a circular issued by SEBI, modifying the period of limitation for invoking arbitration from six months to three years. The petitioner&#039;s challenge against the circular was dismissed as an attempt to revisit concluded matters. The court found that the circular aimed to protect investors&#039; interests and ensure compliance with relevant laws. Emphasizing that the circular applied to all parties and served to align arbitration clauses with legal provisions, the court dismissed the writ petition without awarding costs.</description>
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      <description>The court upheld the validity of a circular issued by SEBI, modifying the period of limitation for invoking arbitration from six months to three years. The petitioner&#039;s challenge against the circular was dismissed as an attempt to revisit concluded matters. The court found that the circular aimed to protect investors&#039; interests and ensure compliance with relevant laws. Emphasizing that the circular applied to all parties and served to align arbitration clauses with legal provisions, the court dismissed the writ petition without awarding costs.</description>
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