https://www.taxtmi.com/caselaws?id=788101 Section 11C empowers the securities regulator to record and take evidence in relation to disputes, and the appellate forum may conduct its own proceedings under the statutory appellate provision; both powers permit formal evidentiary processes. Decisions of the regulator or the appellate forum must rest on evidence brought on record, and external enquiry reports that are not incorporated into the regulator's investigation lack requisite evidentiary foundation and should not be relied upon. An award of costs imposed on the appellant was found unjustified on the facts and set aside, leaving the substantive clarifications on evidentiary power and inadmissibility operative. en-us Wed, 11 Mar 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788101 Section 11C empowers the securities regulator to record and take evidence in relation to disputes, and the appellate forum may conduct its own proceedings under the statutory appellate provision; both powers permit formal evidentiary processes. Decisions of the regulator or the appellate forum must rest on evidence brought on record, and external enquiry reports that are not incorporated into the regulator's investigation lack requisite evidentiary foundation and should not be relied upon. An award of costs imposed on the appellant was found unjustified on the facts and set aside, leaving the substantive clarifications on evidentiary power and inadmissibility operative. Case-Laws SEBI Wed, 11 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788101