https://www.taxtmi.com/caselaws?id=467685 SEBI's analysis treats coordinated trading, common addresses, directorship links, phone numbers, off-market transfers and promoter connections as cumulative indicators of manipulative activity in the scrip of Sunrise Asian Ltd. The trading pattern, price movement and clustering of trades were assessed patch-wise and, on a preponderance of probabilities, were found to create a false or misleading market appearance and manipulate the scrip price. The noticees were therefore found to have breached PFUTP Regulations, 2003, attracting market debarment. The document also notes that proceedings abated against deceased noticees, did not survive against the HUF after the deaths of its constituent members, and stood disposed of for a settled noticee. en-us Mon, 06 Sep 2021 00:00:00 +0530 Mon, 30 Mar 2026 15:18:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467685 SEBI's analysis treats coordinated trading, common addresses, directorship links, phone numbers, off-market transfers and promoter connections as cumulative indicators of manipulative activity in the scrip of Sunrise Asian Ltd. The trading pattern, price movement and clustering of trades were assessed patch-wise and, on a preponderance of probabilities, were found to create a false or misleading market appearance and manipulate the scrip price. The noticees were therefore found to have breached PFUTP Regulations, 2003, attracting market debarment. The document also notes that proceedings abated against deceased noticees, did not survive against the HUF after the deaths of its constituent members, and stood disposed of for a settled noticee. Case-Laws SEBI Mon, 06 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467685