https://www.taxtmi.com/caselaws?id=464768 AT upheld finding that the company engaged in fraudulent and unfair trade practices by funding its own preferential share allotment, misleading investors and shareholders, and routing funds through related entities to inflate share capital and certain shareholdings. The tribunal noted director overlap between the company and an intermediary, supported the AO's conclusion of violations of Regulations 3 and 4 of SEBI PFUTP Regulations, sustained the penalty, and dismissed the appeals in limine. en-us Mon, 15 Nov 2021 00:00:00 +0530 Thu, 13 Nov 2025 19:36:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464768 AT upheld finding that the company engaged in fraudulent and unfair trade practices by funding its own preferential share allotment, misleading investors and shareholders, and routing funds through related entities to inflate share capital and certain shareholdings. The tribunal noted director overlap between the company and an intermediary, supported the AO's conclusion of violations of Regulations 3 and 4 of SEBI PFUTP Regulations, sustained the penalty, and dismissed the appeals in limine. Case-Laws SEBI Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464768