https://www.taxtmi.com/caselaws?id=425219 The court upheld SEBI's authority to investigate transactions pre-2002 amendment, affirmed Section 11-C's applicability to individual investors, and allowed retrospective application of Section 11-C. Writ petitions were deemed not maintainable as statutory remedies were not exhausted, and the word "or" in Section 11-C(1)(a) and (b) was interpreted disjunctively. As a result, the writ appeals were dismissed. en-us Tue, 28 Jun 2022 00:00:00 +0530 Tue, 19 Jul 2022 09:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425219 The court upheld SEBI's authority to investigate transactions pre-2002 amendment, affirmed Section 11-C's applicability to individual investors, and allowed retrospective application of Section 11-C. Writ petitions were deemed not maintainable as statutory remedies were not exhausted, and the word "or" in Section 11-C(1)(a) and (b) was interpreted disjunctively. As a result, the writ appeals were dismissed. Case-Laws SEBI Tue, 28 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425219