Supreme Court of India

Nirma Industries Ltd. & Anr. v. Securities & Exchange Board of India

Neutral citation
Reported as [2013] 3 S.C.R. 662
Bench S.S. Nijjar J.
Decided 9 May 2013

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

From the headnote

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997: Regulation 27 read with Regulation 10 - Order of SEBI rejecting request of appellant for withdrawal of offer to acquire equity shares - Challenged for denial of oral hearing - Held: Not being given an opportunity of oral hearing cannot always be equated to a situation, where no opportunity is given to a party to submit an explanation at all - The entire material on which the appellants were relying was placed before SEBI and on its consideration the offer of the appellants was rejected - Therefore, it cannot be said

Where later benches applied it

Of those, 2 referred to

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