https://www.taxtmi.com/caselaws?id=261062 The Tribunal dismissed intervention applications by entities holding FCCBs in an appeal against SEBI's order. It held that the interveners lacked legal standing, emphasizing SEBI's competence to defend its decision. While acknowledging a past intervention precedent, the Tribunal clarified it was not binding. The dismissal aimed to prevent a floodgate of similar applications, directing the main appeal for further proceedings without ruling on the parties' contentions. en-us Tue, 09 Dec 2014 00:00:00 +0530 Wed, 01 Jul 2015 06:47:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261062 The Tribunal dismissed intervention applications by entities holding FCCBs in an appeal against SEBI's order. It held that the interveners lacked legal standing, emphasizing SEBI's competence to defend its decision. While acknowledging a past intervention precedent, the Tribunal clarified it was not binding. The dismissal aimed to prevent a floodgate of similar applications, directing the main appeal for further proceedings without ruling on the parties' contentions. Case-Laws Companies Law Tue, 09 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261062