https://www.taxtmi.com/caselaws?id=340558 The court allowed the appeal challenging the Securities Appellate Tribunal's jurisdiction over administrative circulars, setting aside the Tribunal's judgment. It clarified that only quasi-judicial orders are appealable under Section 15T of the SEBI Act. The court dismissed the cross-appeal on the merits of the circular, granting liberty to challenge it through judicial review proceedings. Civil Appeal No.186 of 2007 was allowed, sustaining the preliminary objection and setting aside the SAT's judgment, while Civil Appeal No.5173 of 2006 was dismissed with liberty granted for judicial review proceedings. en-us Tue, 07 Mar 2017 00:00:00 +0530 Fri, 10 Aug 2018 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340558 The court allowed the appeal challenging the Securities Appellate Tribunal's jurisdiction over administrative circulars, setting aside the Tribunal's judgment. It clarified that only quasi-judicial orders are appealable under Section 15T of the SEBI Act. The court dismissed the cross-appeal on the merits of the circular, granting liberty to challenge it through judicial review proceedings. Civil Appeal No.186 of 2007 was allowed, sustaining the preliminary objection and setting aside the SAT's judgment, while Civil Appeal No.5173 of 2006 was dismissed with liberty granted for judicial review proceedings. Case-Laws Companies Law Tue, 07 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340558