Supreme Court of India
Reliance Industries Limited v. Securities and Exchange Board of India & Ors.
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.
From the headnote
Companies Act, 1956 – s.77 – Non-disclosure of information by SEBI – SEBI directed to act fairly – Complaint was filed with SEBI against RIL & its associate companies and its directors alleging that they fraudulently allotted 12 crore equity shares of RIL to entities purportedly connected with RIL – Investigation Report was submitted by the Investigating Authority on 04.02.2005 – SEBI in its counter affidavit admitted that the aforesaid report was inconclusive and recommended further enquiry in this regard – SEBI approached a retired judge in the year 2009 to give his opinion on the…
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