0268-2023 Nikunj Babulal Choradiya vs Securities and Exchange Board of India
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Full text
“Non-compliance with summons is, indeed, a serious matter and cannot be viewed lightly. The respondent Board is the market regulator and has to regulate the securities market and the law provides that every person associated with the market in any manner should cooperate in the matter of carrying out investigations. In the year 2002, the provisions of the Act were amended and penalty for non-compliance with summons was enhanced considerably to make it more deterrent. Market players who do not cooperate with the regulator in the matter of investigations commit a serious wrong whic
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Hearing : 21.03.2023 Date of Decision : 27.03.2023
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — 0268-2023 Nikunj Babulal Choradiya vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.