https://www.taxtmi.com/caselaws?id=781882 Penalty for non-compliance with summons was reduced where service of the show cause notice and final order was disputed and the appellant did not press the merits of the challenge. On those facts, the Tribunal held that the ends of justice would be met by limiting the monetary penalty, rather than maintaining the original amount. The penalty was reduced from Rs. 5 lakhs to Rs. 2 lakhs, granting partial relief to the appellant. en-us Tue, 15 Apr 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781882 Penalty for non-compliance with summons was reduced where service of the show cause notice and final order was disputed and the appellant did not press the merits of the challenge. On those facts, the Tribunal held that the ends of justice would be met by limiting the monetary penalty, rather than maintaining the original amount. The penalty was reduced from Rs. 5 lakhs to Rs. 2 lakhs, granting partial relief to the appellant. Case-Laws SEBI Tue, 15 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781882