https://www.taxtmi.com/caselaws?id=396498 The Tribunal modified the direction imposing penalties on 16 entities for violating SEBI regulations related to trading in a specific scrip. Despite prima facie violations, penalties were deemed unwarranted due to lack of concrete evidence and the liquidity of the scrip. The appellants were cautioned against engaging in similar trading practices in the future, emphasizing compliance with securities regulations. en-us Wed, 29 Jan 2020 00:00:00 +0530 Wed, 08 Jul 2020 11:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396498 The Tribunal modified the direction imposing penalties on 16 entities for violating SEBI regulations related to trading in a specific scrip. Despite prima facie violations, penalties were deemed unwarranted due to lack of concrete evidence and the liquidity of the scrip. The appellants were cautioned against engaging in similar trading practices in the future, emphasizing compliance with securities regulations. Case-Laws SEBI Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396498