https://www.taxtmi.com/caselaws?id=196699 The appeal under section 15T of the SEBI Act challenged directions issued by a committee to the appellant. The appellant sought to expunge adverse observations. It was found that the appellant had revised business rules and implemented procedures to address issues related to beneficial owners. No prejudice was caused despite cancellation of registration. In the interest of the securities market, adverse observations were expunged, and the appeal was disposed of with no order as to costs. en-us Tue, 22 Jun 2010 00:00:00 +0530 Tue, 12 Dec 2017 15:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196699 The appeal under section 15T of the SEBI Act challenged directions issued by a committee to the appellant. The appellant sought to expunge adverse observations. It was found that the appellant had revised business rules and implemented procedures to address issues related to beneficial owners. No prejudice was caused despite cancellation of registration. In the interest of the securities market, adverse observations were expunged, and the appeal was disposed of with no order as to costs. Case-Laws Companies Law Tue, 22 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196699