Landmark case · Law of Investments and Securities · Semester 6
Sahara India Real Estate Corpn. Ltd. v. SEBI
(2013) 1 SCC 1 · Supreme Court of India
Refund, attachment and disgorgement can be ordered to protect subscribers to an illegal public offer.
From topic
Allotment, criminal and civil liability for misstatements — Unit III, Law of Investments and Securities.
Related sections:
- Companies Act, 2013, 23 — Public offer and private placement
- Companies Act, 2013, 33–35 — Issue of application forms; civil liability for misstatements in prospectus
- Companies Act, 2013, 34 — Criminal liability for misstatements in prospectus
- Companies Act, 2013, 42 — Private placement