https://www.taxtmi.com/caselaws?id=793336 A writ challenge to SEBI's IPO approval was not entertained because the order was appealable under the statutory appellate scheme. The petitioner had specifically sought to stay the approval's operation, and once the SEBI proceeding was produced and its copy handed to counsel, the service objection was overcome. The HC held that the petitioner must pursue the available statutory remedy rather than invoke writ jurisdiction, and therefore relegated the petitioner to appeal. The writ petition was disposed of without examining the merits of the IPO-related allegations. en-us Thu, 11 Jun 2026 00:00:00 +0530 Sat, 13 Jun 2026 08:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793336 A writ challenge to SEBI's IPO approval was not entertained because the order was appealable under the statutory appellate scheme. The petitioner had specifically sought to stay the approval's operation, and once the SEBI proceeding was produced and its copy handed to counsel, the service objection was overcome. The HC held that the petitioner must pursue the available statutory remedy rather than invoke writ jurisdiction, and therefore relegated the petitioner to appeal. The writ petition was disposed of without examining the merits of the IPO-related allegations. Case-Laws SEBI Thu, 11 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793336