https://www.taxtmi.com/caselaws?id=293061 The Tribunal partially allowed the appeal against the penalty imposed under the SEBI Act for violating FUTP Regulation. The appellant, found guilty of artificially propping up share prices through manipulative trades, had their penalty reduced from 2 lacs to 1 lac. Despite similarities with another case, the Tribunal considered the gravity of the offense and the number of trades in determining the reduced penalty amount. en-us Tue, 01 May 2012 00:00:00 +0530 Wed, 20 Jan 2021 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293061 The Tribunal partially allowed the appeal against the penalty imposed under the SEBI Act for violating FUTP Regulation. The appellant, found guilty of artificially propping up share prices through manipulative trades, had their penalty reduced from 2 lacs to 1 lac. Despite similarities with another case, the Tribunal considered the gravity of the offense and the number of trades in determining the reduced penalty amount. Case-Laws SEBI Tue, 01 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293061