https://www.taxtmi.com/caselaws?id=781571 The AT dismissed the appeal, refusing interim interference with the IPO approval. The Tribunal held the income-tax report was indicative and the company had disclosed the matter in an Addendum; investors, including QIBs/FIIs and mutual funds, had made informed decisions amid heavy oversubscription, so intervention would harm investors. The Tribunal reached the merits given the facts but left questions of maintainability under s.15T and locus of a non-investor open for future cases, and declined to make detailed findings on alleged mala fides. Appeal dismissed. en-us Wed, 16 Jul 2025 00:00:00 +0530 Tue, 18 Nov 2025 08:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781571 The AT dismissed the appeal, refusing interim interference with the IPO approval. The Tribunal held the income-tax report was indicative and the company had disclosed the matter in an Addendum; investors, including QIBs/FIIs and mutual funds, had made informed decisions amid heavy oversubscription, so intervention would harm investors. The Tribunal reached the merits given the facts but left questions of maintainability under s.15T and locus of a non-investor open for future cases, and declined to make detailed findings on alleged mala fides. Appeal dismissed. Case-Laws SEBI Wed, 16 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781571