Supreme Court · 2012 INSC 367 · Decided 31 August 2012

Sahara India Real Estate Corporation Limited & ORS. v. Securities and Exchange Board of India & ANR.

Court
Supreme Court of India
Citation
2012 INSC 367 · [2012] 12 S.C.R. 1
Case number
CIVIL APPEAL No. 9813/2011
Decided
31 August 2012
Bench
K.S. RADHAKRISHNAN, J.S. KHEHAR (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Companies Act Section 55A, 73, 55A(b), 67

Headnote

B Companies Act, 1956 - s. 55A - Allegation of pre- c planned attempt to bypass the regulatory (and administrative) authority of SEBI - Invitation to subscribe to Optionally Fully Convertible Debentures (OFCDs) - Inquiries made by the of the Securities and Exchange Board of India ('SEBI? u/s.55A(b) of the Companies 0 Act to administer various provisions relating to issue and transfer of securities to the public by listed companies or companies which intend to get their securities fisted on any recognized stock exchange in

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