https://www.taxtmi.com/caselaws?id=170924 The Tribunal held that the increase in the promoters' voting rights due to a buyback did not constitute an acquisition under Regulation 11(1) of the SEBI Regulations. As a result, the appellants were not obligated to make a public announcement. The Tribunal set aside SEBI's order and allowed the appeal, making subsequent orders irrelevant. Each party was ordered to bear their own costs. en-us Mon, 21 Nov 2011 00:00:00 +0530 Wed, 01 Jul 2015 10:44:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170924 The Tribunal held that the increase in the promoters' voting rights due to a buyback did not constitute an acquisition under Regulation 11(1) of the SEBI Regulations. As a result, the appellants were not obligated to make a public announcement. The Tribunal set aside SEBI's order and allowed the appeal, making subsequent orders irrelevant. Each party was ordered to bear their own costs. Case-Laws Companies Law Mon, 21 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170924