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    <description>The High Court of Bombay heard an Interim Application by SEBI seeking impleadment in a Commercial Suit and requesting a stay/recall of previous orders. The Court directed a meeting of debenture holders to approve a settlement offer, with voting results to be submitted in a sealed envelope. The issue of SEBI&#039;s implementation was kept open for further consideration, and all parties&#039; contentions were left open for future arguments. The matter was adjourned to 6th June 2022 with liberty to apply for necessary actions.</description>
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