https://www.taxtmi.com/caselaws?id=380249 The Supreme Court affirmed penalties imposed by SEBI on individuals involved in front running and fraudulent trading activities. The appellant's liability was re-evaluated, with evidence showing his close association with the main trader and portfolio manager. The appellant's frequent communication during trading hours and benefit from the profits indicated his active involvement. Despite the appellant's denial of direct participation, circumstantial evidence and trading patterns led to the dismissal of the appeal, upholding the imposed penalties. en-us Fri, 15 Mar 2019 00:00:00 +0530 Fri, 17 May 2019 08:15:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380249 The Supreme Court affirmed penalties imposed by SEBI on individuals involved in front running and fraudulent trading activities. The appellant's liability was re-evaluated, with evidence showing his close association with the main trader and portfolio manager. The appellant's frequent communication during trading hours and benefit from the profits indicated his active involvement. Despite the appellant's denial of direct participation, circumstantial evidence and trading patterns led to the dismissal of the appeal, upholding the imposed penalties. Case-Laws SEBI Fri, 15 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380249