https://www.taxtmi.com/caselaws?id=459979 A plaint must be rejected under Order VII Rule 11 CPC where a meaningful reading shows no real cause of action and, in substance, it is an indirect challenge to an order covered by a statutory bar on civil court jurisdiction. The court held that the suit was a proxy attack through an employee against SEBI orders passed against the employer, and that Section 20A of the SEBI Act excluded civil court scrutiny of matters SEBI is empowered to decide. The refusal to reject the plaint was therefore unsustainable, and the challenge succeeded. en-us Wed, 19 Dec 2012 00:00:00 +0530 Tue, 07 Jan 2025 17:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459979 A plaint must be rejected under Order VII Rule 11 CPC where a meaningful reading shows no real cause of action and, in substance, it is an indirect challenge to an order covered by a statutory bar on civil court jurisdiction. The court held that the suit was a proxy attack through an employee against SEBI orders passed against the employer, and that Section 20A of the SEBI Act excluded civil court scrutiny of matters SEBI is empowered to decide. The refusal to reject the plaint was therefore unsustainable, and the challenge succeeded. Case-Laws SEBI Wed, 19 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459979