https://www.taxtmi.com/caselaws?id=279514 The appeal was dismissed, upholding SEBI's decision to bar the appellant from market activities and directorship for three years due to involvement in inflating revenues and profits through fictitious entries in the company's accounts, violating SEBI regulations. The appellant's claim of financial illiteracy and resignation from directorship were not considered as mitigating factors. The appellant's involvement in approving false financial results, despite being part of the board, led to serious market violations, justifying SEBI's actions to prevent further harm to investors and the securities market. en-us Wed, 29 Jun 2011 00:00:00 +0530 Fri, 22 Mar 2019 11:15:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279514 The appeal was dismissed, upholding SEBI's decision to bar the appellant from market activities and directorship for three years due to involvement in inflating revenues and profits through fictitious entries in the company's accounts, violating SEBI regulations. The appellant's claim of financial illiteracy and resignation from directorship were not considered as mitigating factors. The appellant's involvement in approving false financial results, despite being part of the board, led to serious market violations, justifying SEBI's actions to prevent further harm to investors and the securities market. Case-Laws Companies Law Wed, 29 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279514