https://www.taxtmi.com/caselaws?id=343056 Ex parte securities adjudication will not be vitiated for want of further inspection or cross-examination where the noticees were supplied material, given repeated hearing opportunities and still failed to participate, so the natural justice challenge fails. Admitted and corroborated records, including emails, statements and investigation material, can establish manipulation of accounts, false disclosures and trading on unpublished price sensitive information, so the findings of securities law violations are sustained. However, punitive debarment and disgorgement must rest on clear reasons and legally sustainable quantification; where the restraint period is imposed without adequate reasoning and the gain calculations are internally inconsistent, those directions are set aside and remanded for fresh consideration. en-us Fri, 12 May 2017 00:00:00 +0530 Thu, 18 May 2017 07:31:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343056 Ex parte securities adjudication will not be vitiated for want of further inspection or cross-examination where the noticees were supplied material, given repeated hearing opportunities and still failed to participate, so the natural justice challenge fails. Admitted and corroborated records, including emails, statements and investigation material, can establish manipulation of accounts, false disclosures and trading on unpublished price sensitive information, so the findings of securities law violations are sustained. However, punitive debarment and disgorgement must rest on clear reasons and legally sustainable quantification; where the restraint period is imposed without adequate reasoning and the gain calculations are internally inconsistent, those directions are set aside and remanded for fresh consideration. Case-Laws Companies Law Fri, 12 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343056