https://www.taxtmi.com/caselaws?id=257965 A writ petition challenging alleged insider trading was found unsuitable for interim continuation because the dispute turned on contested facts and the securities regulator had already initiated investigation under the statutory framework. The law provided a complete mechanism for enquiry and action by the competent authority, making writ intervention inappropriate where an alternative and efficacious remedy existed. The interim restraint was also capable of affecting separate amalgamation proceedings governed by company law. The interim status quo order was therefore vacated, leaving the regulator to complete the insider-trading investigation in accordance with law. en-us Sat, 24 May 2014 00:00:00 +0530 Fri, 27 Mar 2015 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257965 A writ petition challenging alleged insider trading was found unsuitable for interim continuation because the dispute turned on contested facts and the securities regulator had already initiated investigation under the statutory framework. The law provided a complete mechanism for enquiry and action by the competent authority, making writ intervention inappropriate where an alternative and efficacious remedy existed. The interim restraint was also capable of affecting separate amalgamation proceedings governed by company law. The interim status quo order was therefore vacated, leaving the regulator to complete the insider-trading investigation in accordance with law. Case-Laws Companies Law Sat, 24 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257965