Rejection of Application for Registration as CRA justified if CA certificate of net worth attached is not as per applicable law

SUPREME COURT OF INDIA Securities & Exchange Board of India Versus Informetics Valuation & Rating (P.) Ltd. CIVIL APPEAL NO. 291 OF 2012 FEBRUARY  19, 2013 ORDER Surinder Singh Nijjar, J. The present appeal under Section 15Z of the Securities and Exchange Board of India Act, 1992 (“the SEBI Act”) is directed against the impugned judgment and final order dated 9th November, 2011 passed by the Securities Appellate Tribunal, Mumbai (“the SAT”), in Appeal No. 155 of 2011, by which the appeal filed by M/s Informetics Valuation and Rating Pvt. Ltd., ...