0089-2007 P.K. Tayal vs Securities and Exchange Board of India
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Full text
It is thus submitted that in view of the above conclusions, it is clear that there was no willful default on the part of Tayal Group and it was only under the bonafide belief that the alleged default was committed by Tayal Group. It is further submitted that the default of non-compliance of the provisions of Regulation 7 has not brought any gain or unfair advantage to the Tayal Group.”(emphasis supplied)
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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Source: SecMarx — 0089-2007 P.K. Tayal 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.