A bench consisting of Justices BV Nagarathna and N Kotiswar Singh was hearing the Congress’ appeal against the Delhi High Court’s March 13 order, which found no reason to interfere with the ITAT’s decision. However, the High Court permitted the Congress to file a new stay application before the ITAT, taking into account developments such […]
The Supreme Court criticized SEBI for taking a decade to issue a show-cause notice to a finance company accused of misappropriating funds, emphasizing the need for regulatory efficiency. The court questioned SEBI’s delayed investigation, signaling a call for accountability and improvement within the regulatory body. This critique highlights the challenges in regulatory oversight and the necessity for timely and effective regulation.
