https://www.taxtmi.com/caselaws?id=782250 AT considered appeals against SEBI directions requiring an independent law firm's appointment and recovery of alleged siphoned funds, along with penalties on Noticees 1-15. It noted that, as of now, no amount is due or payable by Noticees 11-15, and emphasized that limitation and delay critically affect monetary recovery, warranting expeditious disposal. As pleadings were incomplete, AT directed SEBI to file its reply within four weeks and permitted appellants two weeks thereafter to file rejoinders. Pending further orders, AT restrained SEBI from initiating any coercive action against the appellants. en-us Thu, 06 Mar 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782250 AT considered appeals against SEBI directions requiring an independent law firm's appointment and recovery of alleged siphoned funds, along with penalties on Noticees 1-15. It noted that, as of now, no amount is due or payable by Noticees 11-15, and emphasized that limitation and delay critically affect monetary recovery, warranting expeditious disposal. As pleadings were incomplete, AT directed SEBI to file its reply within four weeks and permitted appellants two weeks thereafter to file rejoinders. Pending further orders, AT restrained SEBI from initiating any coercive action against the appellants. Case-Laws SEBI Thu, 06 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782250