https://www.taxtmi.com/caselaws?id=447789 The SC upheld SEBI's regulatory authority in investigating allegations against a corporate group following a short-seller report. The Court rejected petitions seeking transfer of investigation to SIT, finding no regulatory failure by SEBI. Twenty-two of twenty-four investigations were completed, with remaining two to be concluded within three months. The Court emphasized limited judicial review scope over specialized regulatory policies, rejecting unsubstantiated conflict of interest allegations against Expert Committee members. SEBI was directed to consider Expert Committee recommendations for strengthening regulatory framework and investigate potential legal infractions by short-sellers causing investor losses. en-us Wed, 03 Jan 2024 00:00:00 +0530 Tue, 28 May 2024 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447789 The SC upheld SEBI's regulatory authority in investigating allegations against a corporate group following a short-seller report. The Court rejected petitions seeking transfer of investigation to SIT, finding no regulatory failure by SEBI. Twenty-two of twenty-four investigations were completed, with remaining two to be concluded within three months. The Court emphasized limited judicial review scope over specialized regulatory policies, rejecting unsubstantiated conflict of interest allegations against Expert Committee members. SEBI was directed to consider Expert Committee recommendations for strengthening regulatory framework and investigate potential legal infractions by short-sellers causing investor losses. Case-Laws SEBI Wed, 03 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447789