0062-2020 Morepen Laboratories Limited vs SEBI
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all reasonable steps to initiate and complete the proceedings in accordance with law as expeditiously as possible. The Tribunal also held that the Regulator should always make an endeavor to take prompt action against the defaulting Companies in order to render speedy and timely justice. 23. It is no doubt true that no period of limitation is prescribed in the Act or the Regulations for issuance of a show cause notice or for completion of the adjudication proceedings. The Supreme Court in Government of India vs Citedal Fine Pharmaceuticals, Madras and Others, [AIR (1989) S
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI Order Reserved on: 12.03.2021
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Source: SecMarx — 0062-2020 Morepen Laboratories Limited vs SEBI. 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.