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    <title>2022 (3) TMI 1226 - Supreme Court</title>
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    <description>SC held that its statutory appeal under Section 15Z is confined to questions of law, not routine factual reappraisal, and will not disturb Tribunal findings grounded in record-based inferences. The Tribunal&#039;s factual conclusions that the April 2005 advertisements and subsequent forex announcement were supported by pre-announcement steps, and that allegations of price and account manipulation lacked proved connectivity, are affirmed. The Tribunal&#039;s reversal of SEBI&#039;s finding on the first advertisement is left intact as a factual determination. The SC rejected a blanket right to cross-examination, setting that issue aside for future adjudication while upholding the Tribunal&#039;s decision on other grounds.</description>
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    <pubDate>Fri, 25 Mar 2022 00:00:00 +0530</pubDate>
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      <title>2022 (3) TMI 1226 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=420188</link>
      <description>SC held that its statutory appeal under Section 15Z is confined to questions of law, not routine factual reappraisal, and will not disturb Tribunal findings grounded in record-based inferences. The Tribunal&#039;s factual conclusions that the April 2005 advertisements and subsequent forex announcement were supported by pre-announcement steps, and that allegations of price and account manipulation lacked proved connectivity, are affirmed. The Tribunal&#039;s reversal of SEBI&#039;s finding on the first advertisement is left intact as a factual determination. The SC rejected a blanket right to cross-examination, setting that issue aside for future adjudication while upholding the Tribunal&#039;s decision on other grounds.</description>
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      <pubDate>Fri, 25 Mar 2022 00:00:00 +0530</pubDate>
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