https://www.taxtmi.com/caselaws?id=410144 SEBI's securities-market powers extend to proceedings against a debenture trustee for debentures issued by an NBFC, because the SEBI Act and Debenture Trustees Regulations operate in the securities field and are not ousted by the RBI Act, 1934. The repeal of the Companies Act, 1956 did not remove SEBI's authority to examine alleged violations arising during the period when that Act applied. A writ court will ordinarily not quash a show cause notice unless there is a clear jurisdictional bar or other patent illegality; questions of limitation and the scope of the alleged breaches are for the statutory authority. Reliance materials may be directed to be supplied if not already furnished. en-us Wed, 31 Mar 2021 00:00:00 +0530 Mon, 26 Jul 2021 09:14:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410144 SEBI's securities-market powers extend to proceedings against a debenture trustee for debentures issued by an NBFC, because the SEBI Act and Debenture Trustees Regulations operate in the securities field and are not ousted by the RBI Act, 1934. The repeal of the Companies Act, 1956 did not remove SEBI's authority to examine alleged violations arising during the period when that Act applied. A writ court will ordinarily not quash a show cause notice unless there is a clear jurisdictional bar or other patent illegality; questions of limitation and the scope of the alleged breaches are for the statutory authority. Reliance materials may be directed to be supplied if not already furnished. Case-Laws SEBI Wed, 31 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410144