Bombay High Court Reserves Judgment on Petitions Challenging SEBI Show Cause Notices Alleging Lack of Jurisdiction and Res Judicata. Petitioners Argued Earlier Penalties Paid for Same Allegations Bar Fresh Notices Under SEBI Act and PFUTP Regulations....
These two writ petitions were heard together by the High Court of Judicature at Bombay challenging show cause notices issued by the Securities and Exchange Board of India under the Securities and Exch...




