PROHIBITION OF MANIPULATIVE AND DECEPTIVE DEVICES, INSIDER TRADING AND SUBSTANTIAL ACQUISITION OF SECURITIES OR CONTROLSecurities and Exchange Board of India Act, 1992
PROHIBITION OF MANIPULATIVE AND DECEPTIVE DEVICES, INSIDER TRADING AND SUBSTANTIAL ACQUISITION OF SECURITIES OR CONTROLSecurities and Exchange Board of India Act, 1992
Insider trading penalty: statutory monetary sanctions for dealing, communicating, or procuring trades using unpublished price-sensitive information. Section 15G prescribes penalties for insiders who deal in listed securities, communicate unpublished price-sensitive information except as permitted, or ... Summary
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Insider trading penalty: statutory monetary sanctions for dealing, communicating, or procuring trades using unpublished price-sensitive information.
Section 15G prescribes penalties for insiders who deal in listed securities, communicate unpublished price-sensitive information except as permitted, or counsel or procure others to trade on such information; liability is to a statutory monetary penalty providing a floor and an upper sanction or a multiple of profits as reflected in the amended provision.
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