https://www.taxtmi.com/caselaws?id=782816 Applications under Regulation 43B of the SEBI (FPI) Regulations, 2019 concerning convertible warrants were rejected because the applicants did not show any cause beyond their control for non-payment of the remaining subscription amount within the prescribed timeline. The Tribunal found non-compliance with the August 2023 Circular's disclosure and timing requirements, and noted that the warrants were subscribed with full knowledge of those conditions. The appellate court declined interference, applying the settled principle that appellate review is warranted only where the challenged order is clearly wrong, not merely because another view is possible. en-us Mon, 01 Dec 2025 00:00:00 +0530 Thu, 04 Dec 2025 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782816 Applications under Regulation 43B of the SEBI (FPI) Regulations, 2019 concerning convertible warrants were rejected because the applicants did not show any cause beyond their control for non-payment of the remaining subscription amount within the prescribed timeline. The Tribunal found non-compliance with the August 2023 Circular's disclosure and timing requirements, and noted that the warrants were subscribed with full knowledge of those conditions. The appellate court declined interference, applying the settled principle that appellate review is warranted only where the challenged order is clearly wrong, not merely because another view is possible. Case-Laws SEBI Mon, 01 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782816