https://www.taxtmi.com/caselaws?id=240248 The tribunal affirmed penalties imposed by SEBI on the appellants for their involvement in price manipulation, circular/reversal trades, and close connections with RCFL. The tribunal found no violation of natural justice principles as relevant investigation report portions were provided. The penalties were upheld as justified, considering the appellants' significant contribution to manipulative activities. The appellants' appeals were dismissed, and the penalties were deemed appropriate under SEBI Act and PFUTP Regulations. en-us Tue, 27 Aug 2013 00:00:00 +0530 Fri, 29 Nov 2013 06:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240248 The tribunal affirmed penalties imposed by SEBI on the appellants for their involvement in price manipulation, circular/reversal trades, and close connections with RCFL. The tribunal found no violation of natural justice principles as relevant investigation report portions were provided. The penalties were upheld as justified, considering the appellants' significant contribution to manipulative activities. The appellants' appeals were dismissed, and the penalties were deemed appropriate under SEBI Act and PFUTP Regulations. Case-Laws Companies Law Tue, 27 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240248