https://www.taxtmi.com/caselaws?id=171183 The Tribunal upheld the Adjudicating Officer's findings that the appellants violated Regulation 10 of the SEBI Takeover Regulations by acquiring shares in concert without making a public announcement. The Tribunal affirmed the penalty imposed on each entity, emphasizing the coordinated effort and common objective in acquiring the shares. The appeal was dismissed, with the Tribunal distinguishing a previous case and finding no merit in the appellants' arguments. en-us Wed, 15 Jan 2014 00:00:00 +0530 Sat, 11 Jul 2015 11:06:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171183 The Tribunal upheld the Adjudicating Officer's findings that the appellants violated Regulation 10 of the SEBI Takeover Regulations by acquiring shares in concert without making a public announcement. The Tribunal affirmed the penalty imposed on each entity, emphasizing the coordinated effort and common objective in acquiring the shares. The appeal was dismissed, with the Tribunal distinguishing a previous case and finding no merit in the appellants' arguments. Case-Laws Companies Law Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171183