https://www.taxtmi.com/caselaws?id=781222 AT dismissed the appeals and refused relief under Regulation 43B. The tribunal held appellants knowingly failed to comply with the August 2023 Circular, chose not to make granular disclosures or re-align portfolios, yet subscribed to convertible warrants after receiving notice of the Circular and subsequent warnings. Regulation 43B relief requires non-compliance to be beyond the entity's control; no such cause was shown. The tribunal found subscription a deliberate breach, noted lack of diligence despite communications, and concluded the 43B applications did not merit consideration, dismissing the appeals. en-us Wed, 15 Oct 2025 00:00:00 +0530 Wed, 12 Nov 2025 15:02:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781222 AT dismissed the appeals and refused relief under Regulation 43B. The tribunal held appellants knowingly failed to comply with the August 2023 Circular, chose not to make granular disclosures or re-align portfolios, yet subscribed to convertible warrants after receiving notice of the Circular and subsequent warnings. Regulation 43B relief requires non-compliance to be beyond the entity's control; no such cause was shown. The tribunal found subscription a deliberate breach, noted lack of diligence despite communications, and concluded the 43B applications did not merit consideration, dismissing the appeals. Case-Laws SEBI Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781222