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    <title>2026 (6) TMI 457 - SC Order</title>
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    <description>The note concerns insider trading under the PIT Regulations, focusing on the proviso to Regulation 4(1), bona fide trades while in possession of unpublished price sensitive information, and disclosure obligations for insider trades. It records that the SAT quashed the insider-trading finding, the related market-access and association restraints, and that part of the order, while sustaining the penalty for delayed disclosure of two trades under Regulation 7(2)(a). It further states that the Supreme Court disposed of the appeal without interference, clarified that the impugned order would not operate as a binding precedent, and left the question of law open.</description>
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    <pubDate>Fri, 29 May 2026 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=793076</link>
      <description>The note concerns insider trading under the PIT Regulations, focusing on the proviso to Regulation 4(1), bona fide trades while in possession of unpublished price sensitive information, and disclosure obligations for insider trades. It records that the SAT quashed the insider-trading finding, the related market-access and association restraints, and that part of the order, while sustaining the penalty for delayed disclosure of two trades under Regulation 7(2)(a). It further states that the Supreme Court disposed of the appeal without interference, clarified that the impugned order would not operate as a binding precedent, and left the question of law open.</description>
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      <pubDate>Fri, 29 May 2026 00:00:00 +0530</pubDate>
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