0328-2023 Meter Marketing Pvt. Ltd and Others vs Securities and Exchange Board of India
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interpretation gets fortified in view of the words and object of the Regulation 44 which empowers the Board to issue directions as it deems fit. Section 11(1), while broadly defining the functions of the Board, states that it is the duty of the Board to protect interest of investors in securities and to promote the development of, and regulate the securities market by such measures as it thinks fit. Section 11B, which deals with the power of the Board to give directions, states that the Board, after making or causing an inquiry, may issue directions if it is satisfied that it is ne
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Date of Hearing : 31.10.2023 Date of Decision : 08.11.2023
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Source: SecMarx — 0328-2023 Meter Marketing Pvt. Ltd and Others 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.