27 July 2020


SC: SEBI Circulars Cannot be Challenged in SAT - 04.04.2017

SC has ruled that any action taken by the Securities and Exchange Board of India (SEBI) in its administrative & legislative capacity cannot be appealed at the Securities Appellate Tribunal (SAT) as SAT has jurisdiction only over orders & directions passed by SEBI in quasi-judicial capacity.

Tags : Supreme Court SEBI SAT

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