https://www.taxtmi.com/caselaws?id=405021 The tribunal ruled that interest was payable from the acquisition agreement date until the draft offer publication date and from SEBI's price finalization until the actual payment date. The acquirer was not liable for interest during the period when SEBI was determining the price. The tribunal rejected the appellant's claim for interest during this period, citing legal precedents and the appellant's litigious actions. Ultimately, the tribunal found no error in SEBI's decision to reject the interest application, dismissing the appeal without costs awarded. en-us Wed, 09 Dec 2020 00:00:00 +0530 Wed, 10 Mar 2021 08:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405021 The tribunal ruled that interest was payable from the acquisition agreement date until the draft offer publication date and from SEBI's price finalization until the actual payment date. The acquirer was not liable for interest during the period when SEBI was determining the price. The tribunal rejected the appellant's claim for interest during this period, citing legal precedents and the appellant's litigious actions. Ultimately, the tribunal found no error in SEBI's decision to reject the interest application, dismissing the appeal without costs awarded. Case-Laws SEBI Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405021