https://www.taxtmi.com/caselaws?id=386031 The Adjudicating Officer imposed penalties on the appellants for failing to provide necessary information during an investigation into trading irregularities under the SEBI Act. Despite eventual compliance during adjudication, penalties were reduced due to belated cooperation. The Tribunal acknowledged the violations but reduced penalties from Rs. 5 Lakhs to Rs. 2 Lakhs for one appeal and from Rs. 2 Lakhs to Rs. 1 Lakh each for another, granting leniency due to unforeseen circumstances. Appellants were directed to pay revised penalties within four weeks, with no additional costs. en-us Tue, 02 Jul 2019 00:00:00 +0530 Fri, 20 Sep 2019 14:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386031 The Adjudicating Officer imposed penalties on the appellants for failing to provide necessary information during an investigation into trading irregularities under the SEBI Act. Despite eventual compliance during adjudication, penalties were reduced due to belated cooperation. The Tribunal acknowledged the violations but reduced penalties from Rs. 5 Lakhs to Rs. 2 Lakhs for one appeal and from Rs. 2 Lakhs to Rs. 1 Lakh each for another, granting leniency due to unforeseen circumstances. Appellants were directed to pay revised penalties within four weeks, with no additional costs. Case-Laws SEBI Tue, 02 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386031