https://www.taxtmi.com/caselaws?id=422500 The confirmatory order dated 15th September 2021, upholding the interim order against the appellant, was challenged. The Tribunal found no evidence of the appellant accessing or communicating Unpublished Price Sensitive Information (UPSI). The confirmatory order was quashed, and the appeals were allowed. The Tribunal emphasized that the burden of proof lies with the prosecution to establish the appellant's involvement with UPSI. The continuation of the interim order was deemed unjustified, and the appellant was not barred from the securities market. en-us Mon, 25 Apr 2022 00:00:00 +0530 Tue, 17 May 2022 08:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422500 The confirmatory order dated 15th September 2021, upholding the interim order against the appellant, was challenged. The Tribunal found no evidence of the appellant accessing or communicating Unpublished Price Sensitive Information (UPSI). The confirmatory order was quashed, and the appeals were allowed. The Tribunal emphasized that the burden of proof lies with the prosecution to establish the appellant's involvement with UPSI. The continuation of the interim order was deemed unjustified, and the appellant was not barred from the securities market. Case-Laws SEBI Mon, 25 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422500