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    <title>2019 (10) TMI 110 - SECURITIES APPELLATE TRIBUNAL, MUMBAI</title>
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    <description>The tribunal upheld the SEBI Adjudicating Officer&#039;s findings, confirming violations of PFUTP and PIT Regulations, price manipulation, and insider trading by the appellants. Penalties ranging from Rs. 3 lakhs to Rs. 15 crores were imposed on the appellants. The coordinated effort to manipulate prices for personal gain was established, leading to the dismissal of appeals and rejection of interim relief applications.</description>
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      <description>The tribunal upheld the SEBI Adjudicating Officer&#039;s findings, confirming violations of PFUTP and PIT Regulations, price manipulation, and insider trading by the appellants. Penalties ranging from Rs. 3 lakhs to Rs. 15 crores were imposed on the appellants. The coordinated effort to manipulate prices for personal gain was established, leading to the dismissal of appeals and rejection of interim relief applications.</description>
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