https://www.taxtmi.com/caselaws?id=446502 Bombay HC held that minority shareholders of BNL were entitled to documents from SEBI despite settlement order revocation. The Court directed SEBI to comply with its October 23, 2023 order requiring document disclosure to petitioners, noting SEBI's repeated non-compliance despite SC dismissing appeals by BNL and majority shareholders. The Court emphasized minority shareholders' substantive rights and directed SEBI to expeditiously adjudicate the show cause notice against BNL for alleged SEBI Act violations, keeping certain reliefs open for future proceedings. en-us Fri, 01 Dec 2023 00:00:00 +0530 Tue, 05 Dec 2023 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446502 Bombay HC held that minority shareholders of BNL were entitled to documents from SEBI despite settlement order revocation. The Court directed SEBI to comply with its October 23, 2023 order requiring document disclosure to petitioners, noting SEBI's repeated non-compliance despite SC dismissing appeals by BNL and majority shareholders. The Court emphasized minority shareholders' substantive rights and directed SEBI to expeditiously adjudicate the show cause notice against BNL for alleged SEBI Act violations, keeping certain reliefs open for future proceedings. Case-Laws SEBI Fri, 01 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446502