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    <title>2007 (11) TMI 685 - Securities And Exchange Board Of India</title>
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    <description>The Tribunal allowed the appeal, setting aside the impugned order. It found no professional misconduct by Arora and dismissed the allegations of violating FUTP and insider trading regulations. The appellants were not vicariously liable as Arora was absolved of all charges. Emphasizing judicial discipline, the Tribunal highlighted the importance of consistency in legal interpretation. The appeal was allowed without a decision on penalty quantification or costs.</description>
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      <description>The Tribunal allowed the appeal, setting aside the impugned order. It found no professional misconduct by Arora and dismissed the allegations of violating FUTP and insider trading regulations. The appellants were not vicariously liable as Arora was absolved of all charges. Emphasizing judicial discipline, the Tribunal highlighted the importance of consistency in legal interpretation. The appeal was allowed without a decision on penalty quantification or costs.</description>
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