https://www.taxtmi.com/article/detailed?id=10488 Alleged arbitrariness in enforcement under the prohibition on fraudulent and unfair trading practices is identified by a delayed, omnibus show cause notice lacking specific pleaded breaches or penalty quantification, and by the absence of evidence establishing nexus between the noticee and the counterparty. Comparative figures are used to show disproportionate per trade penalties imposed on the noticee while the counterparty faced much lower penalties and the broker was absolved, supporting a claim of discriminatory treatment and harassment of small self employed traders; an appeal has been filed against the adjudication order. en-us Tue, 28 Jun 2022 07:45:52 +0530 Tue, 28 Jun 2022 07:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10488 Alleged arbitrariness in enforcement under the prohibition on fraudulent and unfair trading practices is identified by a delayed, omnibus show cause notice lacking specific pleaded breaches or penalty quantification, and by the absence of evidence establishing nexus between the noticee and the counterparty. Comparative figures are used to show disproportionate per trade penalties imposed on the noticee while the counterparty faced much lower penalties and the broker was absolved, supporting a claim of discriminatory treatment and harassment of small self employed traders; an appeal has been filed against the adjudication order. Articles Corporate Laws / IBC / SEBI Tue, 28 Jun 2022 07:45:52 +0530 https://www.taxtmi.com/article/detailed?id=10488