https://www.taxtmi.com/caselaws?id=284433 The appeal challenging the acquisition under Regulation 23(3) was dismissed due to the appellant's failure to disclose relevant information and the limited scope of challenge set by the High Court. Additionally, the appeal based on the Board's inaction regarding Regulation 12 violation was deemed non-maintainable under the SEBI Act. The appellant was directed to bear the costs of the respondents, and the application to raise additional grounds in the appeal was also dismissed. en-us Tue, 08 Sep 2009 00:00:00 +0530 Tue, 19 Nov 2019 09:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284433 The appeal challenging the acquisition under Regulation 23(3) was dismissed due to the appellant's failure to disclose relevant information and the limited scope of challenge set by the High Court. Additionally, the appeal based on the Board's inaction regarding Regulation 12 violation was deemed non-maintainable under the SEBI Act. The appellant was directed to bear the costs of the respondents, and the application to raise additional grounds in the appeal was also dismissed. Case-Laws SEBI Tue, 08 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284433