https://www.taxtmi.com/caselaws?id=443481 The Tribunal upheld SEBI's order directing refund of monies received for investment advisory services, imposing a market access restriction, and penalty, despite the appellant's challenge regarding the nature of the collected funds and partnership dissolution. The Tribunal held that SEBI has the authority to order refunds in the interest of investors or market development, emphasizing the illegality of providing advisory services without proper registration. The appeal was dismissed without costs, reinforcing SEBI's power to regulate and enforce compliance within the securities market. en-us Tue, 11 Jul 2023 00:00:00 +0530 Sun, 24 Sep 2023 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443481 The Tribunal upheld SEBI's order directing refund of monies received for investment advisory services, imposing a market access restriction, and penalty, despite the appellant's challenge regarding the nature of the collected funds and partnership dissolution. The Tribunal held that SEBI has the authority to order refunds in the interest of investors or market development, emphasizing the illegality of providing advisory services without proper registration. The appeal was dismissed without costs, reinforcing SEBI's power to regulate and enforce compliance within the securities market. Case-Laws SEBI Tue, 11 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443481