Aurelia Menezes Backs SEBI’s Stand on Related Party Norms: “No Room for Word Games” 

KSK’s partner, Aurelia Menezes has weighed in on the ongoing SEBI–Linde India debate, strongly endorsing SEBI’s interpretation of related party transaction (RPT) norms. In a recent Business Standard article, Menezes remarked: 

“While Linde’s position relies on orthodox textualism and selective legal interpretations, SEBI’s view is pragmatic, cohesive, aligned with the LODR’s spirit and better safeguards systemic integrity.” 

Her statement comes amid a Securities Appellate Tribunal (SAT) hearing where SEBI challenged Linde India’s interpretation of RPT definitions, warning against linguistic technicalities that may undermine regulatory intent. 

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