https://www.taxtmi.com/caselaws?id=782251 SAT Mumbai reduced a penalty imposed for non-compliance with summons after treating the appellant's youth, absence of prior violations and pleaded financial hardship as mitigating circumstances. It held that these factors justified reduction in the interests of justice, and also noted that part of the penalty had already been recovered by SEBI. The penalty was reduced to Rs. 2.5 lakhs, granting partial relief to the appellant. en-us Mon, 10 Mar 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782251 SAT Mumbai reduced a penalty imposed for non-compliance with summons after treating the appellant's youth, absence of prior violations and pleaded financial hardship as mitigating circumstances. It held that these factors justified reduction in the interests of justice, and also noted that part of the penalty had already been recovered by SEBI. The penalty was reduced to Rs. 2.5 lakhs, granting partial relief to the appellant. Case-Laws SEBI Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782251