High Court of Karnataka Quashes SEBI Complaint Against Company Directors for Lack of Sanction Under Section 195 CrPC. Proceedings under Sections 24(1) and 27 of SEBI Act, 1992 read with Regulations 13(2), 13(3) of SEBI (Prohibition of Insider Trading) Regulations, 1992 quashed as complaint was not filed by authorized officer.
19 May 2022The High Court of Karnataka heard two criminal petitions filed under Section 482 CrPC seeking quashing of proceedings in C.C.No.116/2016 pending befor...




