Supreme Court Affirms SEBI's Authority Over Global Depository Receipts Issued Abroad Under SEBI Act, 1992.

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....Jurisdiction of SEBI under SEBI Act, 1992 in relation to Global Depository Receipts (GDRs) issued outside India - the exercise of jurisdiction by SEBI against the respondents, having regard to the nature of allegations, listed out in paragraph 74 is well founded - SC....