https://www.taxtmi.com/caselaws?id=387565 The appeal in the case challenging a penalty of Rs. 40 lacs for insider trading violations was partially allowed. The penalty was reduced to Rs. 30 lacs as there was no unfair advantage or investor loss. The Tribunal stressed the significance of timely disclosures under securities regulations and adjusted the penalty in consideration of the circumstances and the interest of justice. en-us Tue, 23 Jul 2019 00:00:00 +0530 Fri, 25 Oct 2019 13:51:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387565 The appeal in the case challenging a penalty of Rs. 40 lacs for insider trading violations was partially allowed. The penalty was reduced to Rs. 30 lacs as there was no unfair advantage or investor loss. The Tribunal stressed the significance of timely disclosures under securities regulations and adjusted the penalty in consideration of the circumstances and the interest of justice. Case-Laws SEBI Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387565