https://www.taxtmi.com/news?id=73051 The Supreme Court partly allowed the appeal in SEBI proceedings concerning trading in Reliance Petroleum Ltd. shares and set aside the finding of fraud under the PFUTP Regulations as well as the disgorgement order. It nevertheless upheld the penalty linked to violation of disclosure requirements under the SEBI circular on position limits. The Court also directed refund of the amount deposited in the Investor Protection Fund under an earlier interim order. en-us Fri, 29 May 2026 16:16:02 +0530 Fri, 29 May 2026 16:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73051 The Supreme Court partly allowed the appeal in SEBI proceedings concerning trading in Reliance Petroleum Ltd. shares and set aside the finding of fraud under the PFUTP Regulations as well as the disgorgement order. It nevertheless upheld the penalty linked to violation of disclosure requirements under the SEBI circular on position limits. The Court also directed refund of the amount deposited in the Investor Protection Fund under an earlier interim order. News - Fri, 29 May 2026 16:16:02 +0530 https://www.taxtmi.com/news?id=73051