https://www.taxtmi.com/caselaws?id=197544 Negotiated and cross deals executed through the exchange screen under the price and order matching mechanism were held not to constitute fraudulent or unfair trade practices where the trades were delivery based, transparently executed, and unsupported by any specific allegation of manipulation. The governing circular recognised such execution as a valid mode of dealing, so mere matching of buy and sell orders did not establish breach of the brokers' code of conduct. On that basis, the suspension order was unsustainable and was set aside. en-us Thu, 05 Aug 2010 00:00:00 +0530 Tue, 09 Jan 2018 17:19:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197544 Negotiated and cross deals executed through the exchange screen under the price and order matching mechanism were held not to constitute fraudulent or unfair trade practices where the trades were delivery based, transparently executed, and unsupported by any specific allegation of manipulation. The governing circular recognised such execution as a valid mode of dealing, so mere matching of buy and sell orders did not establish breach of the brokers' code of conduct. On that basis, the suspension order was unsustainable and was set aside. Case-Laws Companies Law Thu, 05 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197544