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The petition was dismissed for lack of substantive proof of such intent or prejudice..

The review petition was therefore dismissed, reinforcing that review is an exceptional remedy only available in cases of manifest error or other statutory grounds..

Nevertheless, the tribunal’s directions against the OPC itself were upheld as valid and enforceable..

Any further attempt to prosecute the new management for antecedent events contradicts the legislative intent and the IBC’s objective of facilitating viable business resurgence through a genuinely clean slate..

The matter was remanded to the CPIO of SEBI, with directions to consider the respondent’s request afresh, strictly in accordance with the procedure set forth under Section 11 of the RTI Act..