https://www.taxtmi.com/caselaws?id=467599 In proceedings carrying civil consequences, disclosure needed for an effective defence was allowed where the appellants sought the complainants' identity and the correspondence relied upon by SEBI, subject to redaction of confidential and personal information. Requests for trading ledgers and profit and loss statements not in SEBI's possession or not relied upon were rejected. The appellants were permitted to raise the issue of an unmasked Section 65B certificate and obtain appropriate disclosure, but requests for file notings and vague additional documents were refused. Cross-examination was held premature before the reply to the show cause notice was filed and could be renewed at the appropriate stage. en-us Fri, 09 Jan 2026 00:00:00 +0530 Wed, 25 Mar 2026 12:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467599 In proceedings carrying civil consequences, disclosure needed for an effective defence was allowed where the appellants sought the complainants' identity and the correspondence relied upon by SEBI, subject to redaction of confidential and personal information. Requests for trading ledgers and profit and loss statements not in SEBI's possession or not relied upon were rejected. The appellants were permitted to raise the issue of an unmasked Section 65B certificate and obtain appropriate disclosure, but requests for file notings and vague additional documents were refused. Cross-examination was held premature before the reply to the show cause notice was filed and could be renewed at the appropriate stage. Case-Laws SEBI Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467599