Mr. G. Anoop v. Union of India
Case brief
What is this about?
The High Court of Kerala quashed a writ petition challenging the SEBI show-cause notice. The court held that SEBI has jurisdiction over NBFCs regarding securities transactions and Debenture Trustees, noting no statutory exclusion. The court found prima facie violation of registration requirements and decided not to interfere at the notice stage.
What did the court decide?
No interference with the proceedings initiated by SEBI at the show-cause stage provided; writ petitions dismissed.