Social Justice & Welfare·Landmark Judgments

Capital Market Growth — Landmark Judgments

Updated 7 Mar 2026

Landmark Judgments

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

2012

This landmark judgment by the Supreme Court upheld SEBI's jurisdiction over unlisted public companies issuing Optionally Fully Convertible Debentures (OFCDs) to a large number of…

N. Narayanan vs. SEBI

2013

This Supreme Court judgment clarified and strengthened the legal framework against insider trading. It emphasized that the burden of proof lies with the person accused of insider…

SEBI vs. National Securities Depository Ltd. (NSDL)

2017

This case, though not a direct judgment on NSDL's liability, involved SEBI's appeal against a SAT (Securities Appellate Tribunal) order regarding NSDL's role in the IPO scam of…