https://www.taxtmi.com/caselaws?id=342226 The Tribunal held that Section 28A of the SEBI Act imposes automatic interest liability on delayed payments by incorporating provisions from the Income Tax Act. Interest under Section 28A applies from 18.07.2013 onwards for orders passed before that date. In Appeal No. 41 of 2014, interest on unlawful gains was upheld from 21.07.2009 till payment. Other appeals required fresh computation of interest from 18.07.2013. The Tribunal granted a six-week stay on the decision at the request of the parties. en-us Fri, 10 Mar 2017 00:00:00 +0530 Sat, 29 Apr 2017 10:11:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342226 The Tribunal held that Section 28A of the SEBI Act imposes automatic interest liability on delayed payments by incorporating provisions from the Income Tax Act. Interest under Section 28A applies from 18.07.2013 onwards for orders passed before that date. In Appeal No. 41 of 2014, interest on unlawful gains was upheld from 21.07.2009 till payment. Other appeals required fresh computation of interest from 18.07.2013. The Tribunal granted a six-week stay on the decision at the request of the parties. Case-Laws Companies Law Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342226