https://www.taxtmi.com/highlights?id=44903 Noncompliance of summons had hampered the further course of investigation. The failure was without any justification. - the Appellate Tribunal has observed that details were withheld with a view to delay the investigation being conducted by SEBI to the detriment of investors from whom funds were collected by the appellants in contravention of CIS Regulations. - Levy of penalty confirmed - SC en-us Mon, 04 Mar 2019 12:30:19 +0530 Mon, 04 Mar 2019 12:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44903 Noncompliance of summons had hampered the further course of investigation. The failure was without any justification. - the Appellate Tribunal has observed that details were withheld with a view to delay the investigation being conducted by SEBI to the detriment of investors from whom funds were collected by the appellants in contravention of CIS Regulations. - Levy of penalty confirmed - SC Highlights SEBI Mon, 04 Mar 2019 12:30:19 +0530 https://www.taxtmi.com/highlights?id=44903