https://www.taxtmi.com/caselaws?id=390910 The tribunal upheld SEBI's ex-parte ad-interim order, citing urgency and prima facie evidence of fund diversion and misappropriation. The appellants' challenges were dismissed, affirming SEBI's power under relevant SEBI Act sections. The tribunal found violations of SEBI Act and regulations, including misappropriation of funds and manipulation of accounts. Access to defense documents was granted to the appellants. The decision aimed to safeguard investor interests and maintain market confidence, emphasizing the necessity of prompt regulatory measures. en-us Tue, 01 Oct 2019 00:00:00 +0530 Tue, 14 Jan 2020 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390910 The tribunal upheld SEBI's ex-parte ad-interim order, citing urgency and prima facie evidence of fund diversion and misappropriation. The appellants' challenges were dismissed, affirming SEBI's power under relevant SEBI Act sections. The tribunal found violations of SEBI Act and regulations, including misappropriation of funds and manipulation of accounts. Access to defense documents was granted to the appellants. The decision aimed to safeguard investor interests and maintain market confidence, emphasizing the necessity of prompt regulatory measures. Case-Laws SEBI Tue, 01 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390910