SEBI Cannot Enforce Penalties for Non-Disclosures During IBC Moratorium or After Resolution Plan Approval.

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....Levy of penalty for Non disclosures as required under the LODR Regulations - What could not done by SEBI when the moratorium under section 14(1) of the IBC was in force cannot certainly be done after a resolution plan is approved and becomes binding on all creditors including government and local authority under section 31 of the IBC. - AT....