https://www.taxtmi.com/caselaws?id=296759 The tribunal ruled in favor of the appellant in appeals against SEBI orders, quashing market access restrictions and penalties for violating regulations. Lack of evidence of collusion between buyer and seller led to the charges being dismissed. The tribunal emphasized the need for a causal connection and collusion to prove manipulation in securities prices, citing past judgments. The appeals were allowed without costs, highlighting the importance of proving collusion for allegations of artificially raising prices under PFUTP Regulations. en-us Thu, 16 Jan 2020 00:00:00 +0530 Thu, 05 Aug 2021 20:47:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296759 The tribunal ruled in favor of the appellant in appeals against SEBI orders, quashing market access restrictions and penalties for violating regulations. Lack of evidence of collusion between buyer and seller led to the charges being dismissed. The tribunal emphasized the need for a causal connection and collusion to prove manipulation in securities prices, citing past judgments. The appeals were allowed without costs, highlighting the importance of proving collusion for allegations of artificially raising prices under PFUTP Regulations. Case-Laws SEBI Thu, 16 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296759