https://www.taxtmi.com/caselaws?id=421042 The Court modified the order dated 21.09.2021 concerning the release of mutual funds in favor of Respondent No.5. The applicant was required to furnish a reduced bank guarantee amount along with a corporate guarantee, discharging the previous bank guarantee upon compliance. The Court emphasized the importance of the supplementary chargesheet filed by the EOW and considered the financial position of the applicant. The modifications were made without affecting the case's merit, with appeals to be heard on their own merits. Detailed directions were provided for the revised conditions of the guarantees to be furnished by the applicant/Respondent No.5. en-us Mon, 11 Apr 2022 00:00:00 +0530 Mon, 11 Apr 2022 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421042 The Court modified the order dated 21.09.2021 concerning the release of mutual funds in favor of Respondent No.5. The applicant was required to furnish a reduced bank guarantee amount along with a corporate guarantee, discharging the previous bank guarantee upon compliance. The Court emphasized the importance of the supplementary chargesheet filed by the EOW and considered the financial position of the applicant. The modifications were made without affecting the case's merit, with appeals to be heard on their own merits. Detailed directions were provided for the revised conditions of the guarantees to be furnished by the applicant/Respondent No.5. Case-Laws SEBI Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421042