https://www.taxtmi.com/caselaws?id=305157 The Tribunal dismissed the appeal challenging SEBI circulars requiring companies listed on regional stock exchanges to get listed on major exchanges, stating they are administrative directions. The appellant's argument that the circulars constitute orders under Delisting Regulations was rejected, and the appeal was deemed frivolous. The Tribunal ordered the appellant to pay costs to SEBI, emphasizing the administrative nature of the circulars and the lack of merit in the appellant's arguments. en-us Thu, 23 Nov 2017 00:00:00 +0530 Mon, 21 Nov 2022 04:45:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305157 The Tribunal dismissed the appeal challenging SEBI circulars requiring companies listed on regional stock exchanges to get listed on major exchanges, stating they are administrative directions. The appellant's argument that the circulars constitute orders under Delisting Regulations was rejected, and the appeal was deemed frivolous. The Tribunal ordered the appellant to pay costs to SEBI, emphasizing the administrative nature of the circulars and the lack of merit in the appellant's arguments. Case-Laws SEBI Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305157