Shilpa Stock Broker (P) Ltd. and Anr. vs SEBI
Powers of SEBI: Enabling power to settle dispute-Guidelines for Consent Orders merely streamlining exercise of power, No compulsion on SEBI to settle dispute, Exercise of discretion conferred on SEBI structured by considerations elaborated in clause 11 of Guidelines-SEBI, as a regulator, had an enabling power to settle a dispute. The Guidelines for Consent Orders and for considering requests for composition of off [LexDoc Id : 422400]