Disposed
Ballabh Dass Daga v. SEBI
Calcutta HCCRR/2963/2018
Case brief
AI extract
What is this about?
In a revisional application challenging an order rejecting a compounding application under the Securities and Exchange Board of India (SEBI) Act, 1992, the Court disposed of the petition as infructuous since the petitioner had already been convicted and sentenced to imprisonment and fine.
What did the court decide?
The revisional application was disposed of as infructuous on the grounds that the petitioner had already been convicted and sentenced.