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SEBI Appeal Amendment Does Not Affect Pending High Court Appeals: SC
Case Law Details
- Case Name
- Videocon International Ltd. Vs Securities & Exchange Board of India (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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Videocon International Ltd. Vs Securities & Exchange Board of India (Supreme Court of India)
The Supreme Court considered whether the amendment to Section 15Z of the Securities and Exchange Board of India Act, 1992, substituting the High Court with the Supreme Court as the forum for second appeals and limiting such appeals to questions of law, applied to appeals arising from Securities Appellate Tribunal orders passed before 29.10.2002. The amendment was introduced through the Securities and Exchange Board of India (Amendment) Act, 2002.
The High Court had held that appeals filed before th...
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