Supreme Court · 2026 INSC 978 · Decided 9 September 2026
Securities and Exchange Board of India v. Vedanta Limited & ORS.
- Court
- Supreme Court of India
- Citation
- 2026 INSC 978 · [2026] 9 S.C.R. 574
- Case number
- CIVIL APPEAL No. 25/2024
- Decided
- 9 September 2026
- Bench
- K.V. VISWANATHAN, J.B. PARDIWALA (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
Issue arose whether the release of the escrow amount pursuant to the exceptions listed u/Regn 15B(8) of the Buyback Regulations precludes or otherwise bars independent allegation, inquiry or finding of fraud under PFUTP Regulations. Securities India Act, 1992 - Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 - Regns 3(a), (b), (c), (d), and 4(1), 4(2)(k), and 4(2)(r) - SEBI (Buyback of Securities) Regulations, 1998 -
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