https://www.taxtmi.com/caselaws?id=395531 The Securities Appellate Tribunal upheld SEBI's penalty imposition on the appellant for violating regulations related to fraudulent trading practices. The appellant's involvement in volume manipulation through off-market share transactions was established, despite her claim of innocence based on stockbroker advice. The tribunal dismissed the appeal, emphasizing that the delay in initiating proceedings did not prejudice the appellant as all transactions were disclosed. The decision highlights the importance of timely action in regulatory enforcement cases, considering individual circumstances to determine procedural fairness. en-us Tue, 17 Mar 2020 00:00:00 +0530 Wed, 27 May 2020 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395531 The Securities Appellate Tribunal upheld SEBI's penalty imposition on the appellant for violating regulations related to fraudulent trading practices. The appellant's involvement in volume manipulation through off-market share transactions was established, despite her claim of innocence based on stockbroker advice. The tribunal dismissed the appeal, emphasizing that the delay in initiating proceedings did not prejudice the appellant as all transactions were disclosed. The decision highlights the importance of timely action in regulatory enforcement cases, considering individual circumstances to determine procedural fairness. Case-Laws SEBI Tue, 17 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395531