In absence of SEBI’s order, appeal can’t be filed before SAT seeking directions to SEBI to provide requisite docs: SAT

COMPANY LAW/SEBI : Where in order to give efficacious reply to show cause notice issued by SEBI in respect of suspect fraud in a company, ‘CG power’ director of company sought certain documents from company as well as SEBI, on their refusal to provide same, appeal under section 15T seeking directions to SEBI/company to provide requisite documents was not maintainable as appeal could only be filed against an order passed by SEBI and in instant case there was no order by SEBICOMPANY LAW/SEBI : Where in order to give efficacious reply to show cause notice issued by SEBI in respect of suspect fraud in a company, ‘CG power’ director of company sought certain documents from company as well as SEBI, on their refusal to provide same, appeal under section 15T seeking directions to SEBI/company to provide requisite documents was not maintainable as appeal could only be filed against an order passed by SEBI and in instant case there was no order by SEBIwww.taxmann.com Latest Case LawsRead More

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