https://www.taxtmi.com/caselaws?id=275011 SEBI rejected HBN's repayment proposal due to the company's failure to repay investors as directed and its perceived attempt to delay repayments. SEBI found issues with HBN's proposed Special Purpose Entity (SPE) setup, lack of clear timelines for property sales, and a history of non-compliance. The decision highlighted SEBI's commitment to safeguarding investors and maintaining market integrity, ultimately emphasizing the importance of upholding regulatory directives in the securities market. en-us Fri, 12 Aug 2016 00:00:00 +0530 Tue, 18 Apr 2023 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275011 SEBI rejected HBN's repayment proposal due to the company's failure to repay investors as directed and its perceived attempt to delay repayments. SEBI found issues with HBN's proposed Special Purpose Entity (SPE) setup, lack of clear timelines for property sales, and a history of non-compliance. The decision highlighted SEBI's commitment to safeguarding investors and maintaining market integrity, ultimately emphasizing the importance of upholding regulatory directives in the securities market. Case-Laws Companies Law Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275011