https://www.taxtmi.com/caselaws?id=171010 The Tribunal dismissed the appeals, upholding SEBI's penalty imposition on the entities for manipulative trading practices involving off-market transactions and synchronized trades. The appellants' delay in filing appeals was condoned, and their connection through common directors and transactions was established. SEBI's discretion in taking action against entities was affirmed, emphasizing evidence availability. The appellants were directed to pay the imposed penalties within two months, failing which SEBI could recover the amounts with interest. en-us Fri, 31 Jan 2014 00:00:00 +0530 Tue, 07 Jul 2015 17:14:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171010 The Tribunal dismissed the appeals, upholding SEBI's penalty imposition on the entities for manipulative trading practices involving off-market transactions and synchronized trades. The appellants' delay in filing appeals was condoned, and their connection through common directors and transactions was established. SEBI's discretion in taking action against entities was affirmed, emphasizing evidence availability. The appellants were directed to pay the imposed penalties within two months, failing which SEBI could recover the amounts with interest. Case-Laws Companies Law Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171010