https://www.taxtmi.com/caselaws?id=193746 The court dismissed the petition challenging the order of suspension of trading in securities, citing the need for interim measures to protect investors pending further investigation into market manipulation. It upheld the authority of the Managing Director to pass the order, emphasizing the specialized nature of stock market operations. The court declined to entertain challenges to the order based on staleness of facts, violation of natural justice principles, and the validity of Regulation 21, highlighting the availability of alternative statutory remedies under SEBI regulations. The petition was dismissed without costs. en-us Thu, 27 Aug 2015 00:00:00 +0530 Fri, 18 Aug 2017 08:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193746 The court dismissed the petition challenging the order of suspension of trading in securities, citing the need for interim measures to protect investors pending further investigation into market manipulation. It upheld the authority of the Managing Director to pass the order, emphasizing the specialized nature of stock market operations. The court declined to entertain challenges to the order based on staleness of facts, violation of natural justice principles, and the validity of Regulation 21, highlighting the availability of alternative statutory remedies under SEBI regulations. The petition was dismissed without costs. Case-Laws Companies Law Thu, 27 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193746