https://www.taxtmi.com/caselaws?id=294109 The SEBI issued an Ad-Interim Ex-Parte Order in a case involving insider trading activities in shares of a company. The investigation revealed that insiders traded shares while in possession of unpublished price sensitive information, violating regulations. The order impounded the unlawful notional loss avoided by the insiders and directed freezing of their bank and demat accounts. The individuals were prohibited from disposing of assets until the impounded amounts were credited to an Escrow Account. They were required to provide an asset inventory and show cause why further directions, including disgorgement and market access prohibition, should not be issued. en-us Fri, 04 Sep 2020 00:00:00 +0530 Sat, 20 Mar 2021 08:45:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294109 The SEBI issued an Ad-Interim Ex-Parte Order in a case involving insider trading activities in shares of a company. The investigation revealed that insiders traded shares while in possession of unpublished price sensitive information, violating regulations. The order impounded the unlawful notional loss avoided by the insiders and directed freezing of their bank and demat accounts. The individuals were prohibited from disposing of assets until the impounded amounts were credited to an Escrow Account. They were required to provide an asset inventory and show cause why further directions, including disgorgement and market access prohibition, should not be issued. Case-Laws SEBI Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294109