https://www.taxtmi.com/caselaws?id=433927 The Supreme Court allowed the appeal by SEBI, setting aside the Tribunal's decision to absolve the respondent, a Company Secretary, of penalties for violating the Companies Act and PFUTP Regulations. The Court remitted the case for fresh consideration, emphasizing the misinterpretation of Regulation 19(3) by the Tribunal. Parties were permitted to rely on prior decisions, and the Tribunal was directed to issue a new decision within six months. The appeal was allowed, the Tribunal's order was overturned, and the case was sent back for reevaluation. en-us Wed, 08 Feb 2023 00:00:00 +0530 Tue, 14 Feb 2023 08:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433927 The Supreme Court allowed the appeal by SEBI, setting aside the Tribunal's decision to absolve the respondent, a Company Secretary, of penalties for violating the Companies Act and PFUTP Regulations. The Court remitted the case for fresh consideration, emphasizing the misinterpretation of Regulation 19(3) by the Tribunal. Parties were permitted to rely on prior decisions, and the Tribunal was directed to issue a new decision within six months. The appeal was allowed, the Tribunal's order was overturned, and the case was sent back for reevaluation. Case-Laws SEBI Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433927