https://www.taxtmi.com/caselaws?id=297488 The Tribunal quashed SEBI's order directing the deposit of Rs. 1292.46 Crore, citing lack of justification and erroneous calculation. The appellant was directed to deposit Rs. 500 Crore and cooperate with the forensic audit. SEBI was instructed to process the delisting application concurrently with the audit to safeguard shareholder interests and ensure operational viability. en-us Mon, 09 Nov 2020 00:00:00 +0530 Mon, 06 Sep 2021 22:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297488 The Tribunal quashed SEBI's order directing the deposit of Rs. 1292.46 Crore, citing lack of justification and erroneous calculation. The appellant was directed to deposit Rs. 500 Crore and cooperate with the forensic audit. SEBI was instructed to process the delisting application concurrently with the audit to safeguard shareholder interests and ensure operational viability. Case-Laws SEBI Mon, 09 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297488