https://www.taxtmi.com/caselaws?id=459911 SEBI revoked interim orders against 85 entities in a preferential allotment case involving price manipulation allegations. Following detailed investigation, SEBI found no adverse evidence against these entities regarding their role in manipulating the scrip price and volume on BSE. The confirmatory orders dated March 18, 2016 and August 22, 2016 were revoked with immediate effect under sections 11, 11(4) and 11B of the SEBI Act. However, proceedings continue against the remaining 3 entities where violations were established. en-us Thu, 21 Sep 2017 00:00:00 +0530 Thu, 02 Jan 2025 23:38:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459911 SEBI revoked interim orders against 85 entities in a preferential allotment case involving price manipulation allegations. Following detailed investigation, SEBI found no adverse evidence against these entities regarding their role in manipulating the scrip price and volume on BSE. The confirmatory orders dated March 18, 2016 and August 22, 2016 were revoked with immediate effect under sections 11, 11(4) and 11B of the SEBI Act. However, proceedings continue against the remaining 3 entities where violations were established. Case-Laws SEBI Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459911