https://www.taxtmi.com/caselaws?id=193750 The Tribunal found that the respondents violated SEBI Regulations by acquiring shares without proper disclosure, leading to penalties imposed by SEBI. The Tribunal granted the company petition, allowing the company to buy back the shares at prevailing market value. Respondents were directed to return share certificates and forms within 30 days, with the petitioner to pay the buyback price. The case was disposed of as infructuous, with no costs awarded. en-us Tue, 17 Jan 2017 00:00:00 +0530 Fri, 18 Aug 2017 08:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193750 The Tribunal found that the respondents violated SEBI Regulations by acquiring shares without proper disclosure, leading to penalties imposed by SEBI. The Tribunal granted the company petition, allowing the company to buy back the shares at prevailing market value. Respondents were directed to return share certificates and forms within 30 days, with the petitioner to pay the buyback price. The case was disposed of as infructuous, with no costs awarded. Case-Laws Companies Law Tue, 17 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193750