https://www.taxtmi.com/caselaws?id=298468 The High Court allowed the petition, quashing the show-cause notices dated October 20, 2016, and August 20, 2019, due to the significant delays of four to six years in issuing the notice and seven to nine years in holding the hearing. The Court relied on precedents indicating that delays of this magnitude in SEBI actions were unsustainable, deciding it would not be beneficial to refer the petitioner back to SEBI. en-us Sat, 16 Jan 2021 00:00:00 +0530 Wed, 03 Nov 2021 02:01:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298468 The High Court allowed the petition, quashing the show-cause notices dated October 20, 2016, and August 20, 2019, due to the significant delays of four to six years in issuing the notice and seven to nine years in holding the hearing. The Court relied on precedents indicating that delays of this magnitude in SEBI actions were unsustainable, deciding it would not be beneficial to refer the petitioner back to SEBI. Case-Laws SEBI Sat, 16 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298468