https://www.taxtmi.com/caselaws?id=281161 The tribunal found multiple entities guilty of violating the SEBI Act and PFUTP Regulations by manipulating share prices of M/s. S. J. Corporation Ltd. Penalties totaling Rs. 2.5 crore were imposed on 19 entities, with one entity being exonerated. The tribunal upheld the penalties, emphasizing the coordinated effort to defraud the market. The appellants' arguments of isolated actions were dismissed, and the appeals were concluded with penalties reduced to Rs. 2.3 crore for the remaining entities. en-us Wed, 25 Apr 2018 00:00:00 +0530 Wed, 05 Jun 2019 23:57:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281161 The tribunal found multiple entities guilty of violating the SEBI Act and PFUTP Regulations by manipulating share prices of M/s. S. J. Corporation Ltd. Penalties totaling Rs. 2.5 crore were imposed on 19 entities, with one entity being exonerated. The tribunal upheld the penalties, emphasizing the coordinated effort to defraud the market. The appellants' arguments of isolated actions were dismissed, and the appeals were concluded with penalties reduced to Rs. 2.3 crore for the remaining entities. Case-Laws SEBI Wed, 25 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281161