https://www.taxtmi.com/caselaws?id=287242 The Tribunal upheld SEBI's prima facie view that the appellants' business constituted a Collective Investment Scheme (CIS) but set aside SEBI's directions. It directed the appellants to apply for registration under CIS Regulations and instructed SEBI to grant provisional registration, emphasizing the need for an expedited investigation and investor protection. The appeals were disposed of with no order as to costs, and miscellaneous applications were declared infructuous. en-us Wed, 03 Feb 2016 00:00:00 +0530 Mon, 06 Apr 2020 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287242 The Tribunal upheld SEBI's prima facie view that the appellants' business constituted a Collective Investment Scheme (CIS) but set aside SEBI's directions. It directed the appellants to apply for registration under CIS Regulations and instructed SEBI to grant provisional registration, emphasizing the need for an expedited investigation and investor protection. The appeals were disposed of with no order as to costs, and miscellaneous applications were declared infructuous. Case-Laws SEBI Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287242