<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2021 (11) TMI 516 - SC Order</title>
    <link>https://www.taxtmi.com/caselaws?id=414735</link>
    <description>SEBI&#039;s request to vacate the SAT&#039;s order was granted by the Supreme Court, staying further proceedings. The attachment notice issued by SEBI aimed to recover funds related to PACL&#039;s scheme. DDPL and Unicorn objected to SEBI&#039;s actions, citing procedural errors. The Supreme Court affirmed SEBI&#039;s authority under Article 142 and appointed Shri R S Virk to evaluate objections. Shri R S Virk&#039;s tenure was extended, and various interlocutory applications were allowed based on his assessments. The Court upheld SEBI&#039;s attachment order, allowing DDPL and Unicorn to deposit funds in an Escrow account.</description>
    <language>en-us</language>
    <pubDate>Wed, 06 Oct 2021 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 16 Nov 2021 09:29:44 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=661205" rel="self" type="application/rss+xml"/>
    <item>
      <title>2021 (11) TMI 516 - SC Order</title>
      <link>https://www.taxtmi.com/caselaws?id=414735</link>
      <description>SEBI&#039;s request to vacate the SAT&#039;s order was granted by the Supreme Court, staying further proceedings. The attachment notice issued by SEBI aimed to recover funds related to PACL&#039;s scheme. DDPL and Unicorn objected to SEBI&#039;s actions, citing procedural errors. The Supreme Court affirmed SEBI&#039;s authority under Article 142 and appointed Shri R S Virk to evaluate objections. Shri R S Virk&#039;s tenure was extended, and various interlocutory applications were allowed based on his assessments. The Court upheld SEBI&#039;s attachment order, allowing DDPL and Unicorn to deposit funds in an Escrow account.</description>
      <category>Case-Laws</category>
      <law>SEBI</law>
      <pubDate>Wed, 06 Oct 2021 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=414735</guid>
    </item>
  </channel>
</rss>