Rajat Agarwal v. Securities and Exchange Board of India
Case brief
What is this about?
Petitioner sought protection against prosecution by SEBI based on a notice dated 16 April 2024. SEBI's counsel stated on instructions that no prosecution was contemplated against the petitioner on that notice; the court recorded the statement, held the grievance redressed, and disposed of the petition.
What did the court decide?
Statement of SEBI recorded that no prosecution will be lodged against the Petitioner based on notice dated 16 April 2024; petition disposed of.