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SC rejects Director’s argument that he was not being in charge of affairs
Case Law Details
- Case Name
- N. Narayanan Vs Adjudicating Offficer, SEBI (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
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SUPREME COURT OF INDIA
N. Narayanan
Versus
Adjudicating Offficer, SEBI
K.S. RADHAKRISHNAN AND DIPAK MISRA, JJ.
CIVIL APPEAL Nos. 4112-4113 of 2013
D.No. 201 of 2013
APRIL 26, 2013
JUDGMENT
K.S. Radhakrishnan, J.
India’s capital market in the recent times has witnessed tremendous growth, characterized particularly by increasing participation of public. Investors’ confidence in the capital market can be sustained largely by ensuring investors’ protection. Disclosure and transparency are the two pillars on which market integrity rests. Facts of the case discl...
