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<h1>Corporation Cleared of Market Regulation Violations; No Cheating or Conspiracy Proven by Court</h1> The Bombay High Court discharged a major corporation and its executives from allegations of market regulation violations involving Rs 388 crore, determining no case of cheating or criminal conspiracy was established. The Serious Fraud Investigation Office (SFIO) initiated the case in 2012, accusing the company and its leaders of manipulating the stock market for wrongful gain. However, the court found no evidence of deception or wrongful loss to any specific victim, essential for proving cheating. The SFIO's request to stay the order for a Supreme Court appeal was denied, and previous lower court decisions were overturned by the High Court.