This covers the following cases: Ruling of Securities and Exchange Board of India (‘SEBI’) – In the matter of New Delhi Television Limited (‘NDTV’) For a detailed case law summary please click here
While interpreting and applying PIT Regulations, predominantly SEBI relies on purposive interpretation. Many times words are read in a larger context to serve the cause. However, there are some occasions where words are not serving the cause and may need amendment in Regulations. This article was published in a chartered secretary of ICSI by our