https://www.taxtmi.com/caselaws?id=464715 Board held that Noticees 1-5 (the company and its directors) cannot be established as having manipulated the scrip given new evidence of an inter-corporate loan and absence of trading by them during the relevant patch; the SCN against them was disposed without direction. Noticees 6 and 7 were found to have engaged in spoofing-placing buy orders above LTP that were later cancelled and executed only when matched by the counterparty-thereby violating regs 3(a)-(d) and 4(1), 4(2)(a),(e) of the SEBI (PFUTP) Regulations, 2003. en-us Mon, 31 Dec 2018 00:00:00 +0530 Tue, 11 Nov 2025 19:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464715 Board held that Noticees 1-5 (the company and its directors) cannot be established as having manipulated the scrip given new evidence of an inter-corporate loan and absence of trading by them during the relevant patch; the SCN against them was disposed without direction. Noticees 6 and 7 were found to have engaged in spoofing-placing buy orders above LTP that were later cancelled and executed only when matched by the counterparty-thereby violating regs 3(a)-(d) and 4(1), 4(2)(a),(e) of the SEBI (PFUTP) Regulations, 2003. Case-Laws SEBI Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464715