https://www.taxtmi.com/caselaws?id=766819 Interim directions were issued in a competing open offer dispute under the SEBI Takeover Regulations, with the Court noting the disputed public announcement date, pending SEBI consideration, and the nearing end of the tendering period. To protect public investor interests, the Court treated the relief as fact-specific, expressly interim, and without prejudice to the parties' rights and contentions. It directed deposit of Rs. 600 crores by the appellant or nominated applicant by 12.02.2025 and extended the open offer to that date, with the offer to continue further if the deposit is made and SEBI passes an order on the application. en-us Fri, 07 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766819 Interim directions were issued in a competing open offer dispute under the SEBI Takeover Regulations, with the Court noting the disputed public announcement date, pending SEBI consideration, and the nearing end of the tendering period. To protect public investor interests, the Court treated the relief as fact-specific, expressly interim, and without prejudice to the parties' rights and contentions. It directed deposit of Rs. 600 crores by the appellant or nominated applicant by 12.02.2025 and extended the open offer to that date, with the offer to continue further if the deposit is made and SEBI passes an order on the application. Case-Laws SEBI Fri, 07 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766819