https://www.taxtmi.com/caselaws?id=258141 The Tribunal reduced the penalty imposed on the appellant for violating Regulation 8(3) of SEBI Regulations from Rs. 9 lac to Rs. 5 lac. The appellant was directed to make the required disclosures within a specified timeline to stock exchanges and deposit the penalty with SEBI. The Tribunal emphasized the importance of regulatory compliance, transparency, and investor protection in the securities market while recognizing the appellant's proactive approach in rectifying the violation. The decision aimed to balance regulatory requirements with the appellant's efforts to rectify non-compliance and uphold market integrity through timely disclosures. en-us Mon, 03 Nov 2014 00:00:00 +0530 Wed, 01 Apr 2015 05:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258141 The Tribunal reduced the penalty imposed on the appellant for violating Regulation 8(3) of SEBI Regulations from Rs. 9 lac to Rs. 5 lac. The appellant was directed to make the required disclosures within a specified timeline to stock exchanges and deposit the penalty with SEBI. The Tribunal emphasized the importance of regulatory compliance, transparency, and investor protection in the securities market while recognizing the appellant's proactive approach in rectifying the violation. The decision aimed to balance regulatory requirements with the appellant's efforts to rectify non-compliance and uphold market integrity through timely disclosures. Case-Laws Companies Law Mon, 03 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258141