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    <title>2016 (9) TMI 767 - SECURITIES APPELLATE TRIBUNAL MUMBAI</title>
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    <description>The Tribunal dismissed four appeals challenging a SEBI order debarring the appellants from the securities market for four years due to violations of ICDR and PFUTP Regulations. While noting SEBI&#039;s failure to justify upholding additional charges dropped by the AO, the Tribunal found the appeals infructuous as the debarment period was served. Emphasizing regulatory compliance, the Tribunal upheld the violations based on a related order, dismissing the appeals without costs. The judgment underscores the repercussions of regulatory breaches and the importance of timely legal recourse in securities market enforcement.</description>
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    <pubDate>Tue, 26 Jul 2016 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=332506</link>
      <description>The Tribunal dismissed four appeals challenging a SEBI order debarring the appellants from the securities market for four years due to violations of ICDR and PFUTP Regulations. While noting SEBI&#039;s failure to justify upholding additional charges dropped by the AO, the Tribunal found the appeals infructuous as the debarment period was served. Emphasizing regulatory compliance, the Tribunal upheld the violations based on a related order, dismissing the appeals without costs. The judgment underscores the repercussions of regulatory breaches and the importance of timely legal recourse in securities market enforcement.</description>
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      <pubDate>Tue, 26 Jul 2016 00:00:00 +0530</pubDate>
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