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    <title>2019 (12) TMI 481 - SECURITIES APPELLATE TRIBUNAL, MUMBAI</title>
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    <description>The tribunal allowed the appeals against SEBI&#039;s order restraining access to the securities market, considering the time already served during the debarment period. The appellants were accused of market manipulation and a fraudulent scheme but contested their involvement. The tribunal found the debarment period served to be sufficient and emphasized that the Adjudicating Officer should independently assess the matter. Consequently, the appeals were partly allowed, with each party bearing their own costs, ending the restraint order on the appellants.</description>
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    <pubDate>Fri, 27 Sep 2019 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=389598</link>
      <description>The tribunal allowed the appeals against SEBI&#039;s order restraining access to the securities market, considering the time already served during the debarment period. The appellants were accused of market manipulation and a fraudulent scheme but contested their involvement. The tribunal found the debarment period served to be sufficient and emphasized that the Adjudicating Officer should independently assess the matter. Consequently, the appeals were partly allowed, with each party bearing their own costs, ending the restraint order on the appellants.</description>
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      <pubDate>Fri, 27 Sep 2019 00:00:00 +0530</pubDate>
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