https://www.taxtmi.com/caselaws?id=241153 The Appellate Tribunal upheld SEBI's imposition of a monetary penalty of Rs. 5,00,000/- on the Appellant for violating SEBI Act provisions related to share price manipulation and FCCB issuance. Despite the Appellant's argument of cooperation with summons, the Tribunal found partial non-compliance and reduced the penalty to Rs. 2,00,000/-, emphasizing the importance of complying with regulatory requirements. The Tribunal dismissed the appeal, ordering the Appellant to pay the modified penalty within two months. en-us Mon, 01 Jul 2013 00:00:00 +0530 Wed, 18 Dec 2013 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241153 The Appellate Tribunal upheld SEBI's imposition of a monetary penalty of Rs. 5,00,000/- on the Appellant for violating SEBI Act provisions related to share price manipulation and FCCB issuance. Despite the Appellant's argument of cooperation with summons, the Tribunal found partial non-compliance and reduced the penalty to Rs. 2,00,000/-, emphasizing the importance of complying with regulatory requirements. The Tribunal dismissed the appeal, ordering the Appellant to pay the modified penalty within two months. Case-Laws Companies Law Mon, 01 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241153