Supreme Court · 2017 INSC 1004 · Decided 4 October 2017
Dushyant N. Dalal and Another v. Securities and Exchange Board of India
- Court
- Supreme Court of India
- Citation
- 2017 INSC 1004 · [2017] 11 S.C.R. 448
- Case number
- CIVIL APPEAL No. 5677/2017
- Decided
- 4 October 2017
- Bench
- R.F. NARIMAN, SANJAY KISHAN KAUL (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Income Tax Act Section 220(2), 220
Headnote
F G H (2017] ll S.C.R. 448 DUSHYANT N. DALAL AND ANOTHER v. SECURITIES AND EXCHANGE BOARD OF INDIA (Civil Appeal No. 5677 of2017) OCTOBER 04, 2017 [R. F. NARIMAN AND SANJAY KISHAN KAUL, JJ.J Interest: Whether i/1/erest can be recovered on orders uf penalzv issued under SEBI Act and/or orders of in equity, ji·om the date on which cause of action arose, till the date of commencement of proceedings for recovery of such interest - In the present case, interest was payable in equity, because all the penalties collected by SEBI were to be credited to the Consolidatedfimd uls. 15JA
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)