https://www.taxtmi.com/caselaws?id=308926 The Court dismissed the writ petition due to the availability of an alternative remedy under Section 15T of the Securities and Exchange Board of India Act. The judgment emphasized the need for the petitioner to address objections before the Appellate Tribunal, as the current proceedings concerning penalties were distinct from previous matters. The Court noted that the Recovery Officer's order did not conclusively determine the petitioner's liability based on the original Board decision, advising the petitioner to pursue the available appellate remedy for a comprehensive resolution of the issues raised. en-us Thu, 15 Sep 2022 00:00:00 +0530 Wed, 02 Aug 2023 10:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308926 The Court dismissed the writ petition due to the availability of an alternative remedy under Section 15T of the Securities and Exchange Board of India Act. The judgment emphasized the need for the petitioner to address objections before the Appellate Tribunal, as the current proceedings concerning penalties were distinct from previous matters. The Court noted that the Recovery Officer's order did not conclusively determine the petitioner's liability based on the original Board decision, advising the petitioner to pursue the available appellate remedy for a comprehensive resolution of the issues raised. Case-Laws SEBI Thu, 15 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308926