https://www.taxtmi.com/caselaws?id=774579 Bombay HC disposed of petition involving fraud in RTS scrip trading and securities dealing restraint orders. Court ordered petitioner to furnish fresh pay order of Rs. 25 lakh by July 25, 2025 for settlement charges. Petitioner undertook not to have dealt in securities since show cause notices, satisfying three-year debarment requirement, and can now access capital markets. Respondent must pass consent order within two weeks of receiving payment. Upon consent order, proceedings under show cause notices will be settled and previous SEBI orders will not be enforced. Settlement neither absolves nor incriminates petitioner of violations. en-us Wed, 09 Jul 2025 00:00:00 +0530 Fri, 11 Jul 2025 08:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774579 Bombay HC disposed of petition involving fraud in RTS scrip trading and securities dealing restraint orders. Court ordered petitioner to furnish fresh pay order of Rs. 25 lakh by July 25, 2025 for settlement charges. Petitioner undertook not to have dealt in securities since show cause notices, satisfying three-year debarment requirement, and can now access capital markets. Respondent must pass consent order within two weeks of receiving payment. Upon consent order, proceedings under show cause notices will be settled and previous SEBI orders will not be enforced. Settlement neither absolves nor incriminates petitioner of violations. Case-Laws SEBI Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774579