https://www.taxtmi.com/caselaws?id=465356 Repeated buy orders placed materially above the prevailing last traded price in an illiquid scrip, especially in small quantities and with sustained positive LTP impact, may establish fraudulent market manipulation on a preponderance of probabilities even without direct proof of counterparty collusion. The commentary also notes that a broker may be treated as facilitating the scheme where its conduct shows abnormal execution patterns linked to connected clients, and that promoter-directed entities may face liability where inflated market prices enabled share offloading. By contrast, delay alone is not fatal in securities enforcement absent demonstrated prejudice, and disclosure lapses are assessed in light of the surrounding facts and the extent of the default. en-us Mon, 28 Nov 2022 00:00:00 +0530 Wed, 17 Dec 2025 09:48:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465356 Repeated buy orders placed materially above the prevailing last traded price in an illiquid scrip, especially in small quantities and with sustained positive LTP impact, may establish fraudulent market manipulation on a preponderance of probabilities even without direct proof of counterparty collusion. The commentary also notes that a broker may be treated as facilitating the scheme where its conduct shows abnormal execution patterns linked to connected clients, and that promoter-directed entities may face liability where inflated market prices enabled share offloading. By contrast, delay alone is not fatal in securities enforcement absent demonstrated prejudice, and disclosure lapses are assessed in light of the surrounding facts and the extent of the default. Case-Laws SEBI Mon, 28 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465356