https://www.taxtmi.com/caselaws?id=198930 The Securities Appellate Tribunal allowed the appeal of a registered stock broker who was suspended by the Securities and Exchange Board of India for alleged violations of regulations related to trading irregularities. The Tribunal held that the broker could not be held responsible for the actions of a sub-broker without evidence of wrongdoing by the sub-broker. As there were no specific instances of the broker failing to exercise due diligence, care, and skill, the suspension order was set aside, and no costs were awarded. en-us Tue, 05 Feb 2008 00:00:00 +0530 Tue, 13 Feb 2018 13:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198930 The Securities Appellate Tribunal allowed the appeal of a registered stock broker who was suspended by the Securities and Exchange Board of India for alleged violations of regulations related to trading irregularities. The Tribunal held that the broker could not be held responsible for the actions of a sub-broker without evidence of wrongdoing by the sub-broker. As there were no specific instances of the broker failing to exercise due diligence, care, and skill, the suspension order was set aside, and no costs were awarded. Case-Laws Companies Law Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198930