https://www.taxtmi.com/caselaws?id=293078 Fraudulent and unfair trade practice liability in securities markets may be inferred on a preponderance of probability from the totality of circumstances, including abnormal price movement, off-market transfers, related entity connections, and subsequent market trades; isolated reliance on low volumes or limited trading days was insufficient to displace the inference, so the finding of manipulation was sustained. A uniform four-year securities-market restraint was however found excessive where the noticees had differing roles and levels of participation, so the sanction was reduced for some appellants and replaced with a warning for one appellant. en-us Tue, 25 Feb 2020 00:00:00 +0530 Thu, 21 Jan 2021 19:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293078 Fraudulent and unfair trade practice liability in securities markets may be inferred on a preponderance of probability from the totality of circumstances, including abnormal price movement, off-market transfers, related entity connections, and subsequent market trades; isolated reliance on low volumes or limited trading days was insufficient to displace the inference, so the finding of manipulation was sustained. A uniform four-year securities-market restraint was however found excessive where the noticees had differing roles and levels of participation, so the sanction was reduced for some appellants and replaced with a warning for one appellant. Case-Laws SEBI Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293078