https://www.taxtmi.com/caselaws?id=390259 The Tribunal partly allowed the appeal by reducing the total penalty from Rs. 37.89 lakhs to Rs. 23.89 lakhs, primarily by reducing the penalty for wrong reporting of margins. All other penalties were upheld, emphasizing the importance of following regulatory guidelines and maintaining adequate internal controls. The appellant was indefinitely suspended until implementing required systems and controls, subject to confirmation by an independent auditor. No orders on costs were issued. en-us Tue, 06 Aug 2019 00:00:00 +0530 Fri, 27 Dec 2019 07:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390259 The Tribunal partly allowed the appeal by reducing the total penalty from Rs. 37.89 lakhs to Rs. 23.89 lakhs, primarily by reducing the penalty for wrong reporting of margins. All other penalties were upheld, emphasizing the importance of following regulatory guidelines and maintaining adequate internal controls. The appellant was indefinitely suspended until implementing required systems and controls, subject to confirmation by an independent auditor. No orders on costs were issued. Case-Laws SEBI Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390259