https://www.taxtmi.com/caselaws?id=795720 Suspension of securities-law sentences pending appeal is examined where arguable issues arise over repeated prosecution based on the same summons, the punishment applicable to an alleged pre-2002 contravention, the permissible fine where no statutory maximum is prescribed, and whether the applicants were company directors. The pre-2002 penalty framework and disputed directorial status support interim protection. A fine imposed without a prescribed ceiling should not be exorbitant, supporting suspension of sentence execution and operation pending appeal. en-us Thu, 25 Jun 2026 00:00:00 +0530 Sat, 25 Jul 2026 14:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795720 Suspension of securities-law sentences pending appeal is examined where arguable issues arise over repeated prosecution based on the same summons, the punishment applicable to an alleged pre-2002 contravention, the permissible fine where no statutory maximum is prescribed, and whether the applicants were company directors. The pre-2002 penalty framework and disputed directorial status support interim protection. A fine imposed without a prescribed ceiling should not be exorbitant, supporting suspension of sentence execution and operation pending appeal. Case-Laws SEBI Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795720