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    <title>2021 (2) TMI 1362 - SECURITIES AND EXCHANGE BOARD OF INDIA</title>
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    <description>The court found that the Noticees were connected entities and engaged in manipulative trading practices that violated SEBI regulations. Noticee nos. 12, 13, and 14 manipulated the price of Rutron&#039;s scrip during Patch-1, while Noticee nos. 1, 2, 3, 4, 9, and 11 contributed to price manipulation during Patch-2, and Noticee nos. 3, 5, 6, 7, 8, and 10 manipulated prices during Patch-3. As a result, all Noticees were restrained from accessing the securities market and dealing in securities for six months, with their existing holdings frozen. The court&#039;s order took immediate effect to ensure compliance.</description>
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    <pubDate>Mon, 15 Feb 2021 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=309921</link>
      <description>The court found that the Noticees were connected entities and engaged in manipulative trading practices that violated SEBI regulations. Noticee nos. 12, 13, and 14 manipulated the price of Rutron&#039;s scrip during Patch-1, while Noticee nos. 1, 2, 3, 4, 9, and 11 contributed to price manipulation during Patch-2, and Noticee nos. 3, 5, 6, 7, 8, and 10 manipulated prices during Patch-3. As a result, all Noticees were restrained from accessing the securities market and dealing in securities for six months, with their existing holdings frozen. The court&#039;s order took immediate effect to ensure compliance.</description>
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