https://www.taxtmi.com/caselaws?id=427599 The court set aside the impugned notices for non-compliance with procedural requirements of Rule 4 of PR-1995. SEBI was allowed to proceed from the stage of issuing notices under Rule 4(1) of PR-1995, with the condition of meeting legal requirements. The court directed SEBI to ensure that the opinion formed under Rule 3 of PR-1995 is specific to individuals and disclosed to the noticees for transparency and fair trial. en-us Tue, 06 Sep 2022 00:00:00 +0530 Mon, 12 Sep 2022 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427599 The court set aside the impugned notices for non-compliance with procedural requirements of Rule 4 of PR-1995. SEBI was allowed to proceed from the stage of issuing notices under Rule 4(1) of PR-1995, with the condition of meeting legal requirements. The court directed SEBI to ensure that the opinion formed under Rule 3 of PR-1995 is specific to individuals and disclosed to the noticees for transparency and fair trial. Case-Laws SEBI Tue, 06 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427599