D. Y. CHANDRACHUD, J. B. PARDIWALA, MANOJ MISRA
Vishal Tiwari – Appellant
Versus
Union of India – Respondent
JUDGMENT :
DHANANJAYA Y. CHANDRACHUD, CJI.
| Table of Contents | |
| (A) | Factual background and submissions |
| (B) | The scope of judicial review over SEBI’s regulatory domain |
| (C) | There is no apparent regulatory failure attributable to SEBI |
| (D) | The plea to transfer the investigation from SEBI to another agency or to an SIT |
| (i) | The power to transfer an investigation is exercised in extraordinary situations |
| (ii) | SEBI has prime facie conducted a comprehensive investigation |
| (iii) | Reliance on the OCCRP report and the letter by DRI is misconceived |
| (E) | Allegations of conflict of interest against members of the Expert Committee |
| (F) | Other recommendations by the Expert Committee |
| (i) | Volatility and short selling |
| (ii) | Investor Awareness |
| (iii) | Recommendations of the Expert Committee to strengthen regulatory framework and secure compliance to protect investors |
| (G) | Conclusion |
1. A batch of writ petitions filed before this Court under Article 32 of the Constitution in February 2023, raised co
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.