Supreme Court Allows SEBI Appeal on Interpretation of Buyback Regulations and Remits Matter to Tribunal. The Court held that the Securities Appellate Tribunal erroneously interpreted Regulation 19(3) of SEBI (Buyback of Securities) Regulations, 1998 by limiting the compliance officer's role to investor grievance redressal, ignoring the duty to ensure regulatory compliance.
8 Feb 2023The appeal arose from a judgment of the Securities Appellate Tribunal dated 1 November 2022, which had set aside an order of the Whole Time Member of ...
