Capital Markets — Environmental Cases

Environmental Cases

Harshad Mehta Scam (1992)

1992

While not a single judgment, the investigations and subsequent legal actions related to the Harshad Mehta scam were pivotal. The scam exposed severe systemic flaws, including the…

Sahara India Real Estate Corporation Ltd. & Ors. vs. SEBI

2012

This landmark Supreme Court judgment affirmed SEBI's jurisdiction over 'hybrid' financial instruments that possess characteristics of both traditional securities and collective…

SEBI vs. National Securities Depository Ltd. (NSDL)

2017

This case involved SEBI's investigation into the IPO scam of 2003-2005, where certain entities opened numerous fictitious demat accounts to corner shares in IPOs. SEBI sought to…