https://www.taxtmi.com/caselaws?id=313685 The NCLAT dismissed appeals challenging the appellant's ineligibility as a resolution applicant under Section 29A(f) of the Insolvency and Bankruptcy Code, 2016. The appellant was debarred by BSE from accessing securities markets for 10 years due to non-compliance with SEBI circulars dated 10.10.2016 and 01.08.2017. The tribunal rejected arguments that SEBI violated natural justice principles and Section 11(4) of the SEBI Act, 1992, holding that SEBI's action under Section 11(1) was valid and that BSE merely communicated the debarment information. The appellant's admission of being barred from securities markets confirmed their ineligibility under the Code. en-us Wed, 14 Sep 2022 00:00:00 +0530 Mon, 29 Apr 2024 18:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313685 The NCLAT dismissed appeals challenging the appellant's ineligibility as a resolution applicant under Section 29A(f) of the Insolvency and Bankruptcy Code, 2016. The appellant was debarred by BSE from accessing securities markets for 10 years due to non-compliance with SEBI circulars dated 10.10.2016 and 01.08.2017. The tribunal rejected arguments that SEBI violated natural justice principles and Section 11(4) of the SEBI Act, 1992, holding that SEBI's action under Section 11(1) was valid and that BSE merely communicated the debarment information. The appellant's admission of being barred from securities markets confirmed their ineligibility under the Code. Case-Laws Insolvency and Bankruptcy Wed, 14 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313685