Furnishing of Opinion not necessary when Inspection of Opinion already made under SEBI Adjudication Rules

Kavi Arora Vs SEBI (Supreme Court) Conclusion: In present facts of the case, the Hon’ble Supreme Court dismissed the SLP filed by the Petitioner by making observations that where the Petitioner has apparently been  permitted to inspect the opinion under SEBI Adjudication Rules and apparently there is no rule which requires SEBI to furnish the opinion under Rule 3 to the noticee in its entirety. The documents relied upon for formation of opinion were not required to be disclosed to the noticee unless relied upon in the inquiry. Facts: This SLP was filed against the impugned judgment and fina...