https://www.taxtmi.com/caselaws?id=797060 Accounting Standards and illustrative indicators cannot override statutory definitions of an associate company or related party. Genuine real-estate transactions, non-registration of MoUs, accounting-treatment differences, group affiliation and transaction values do not alone establish control, significant influence, artificial profit inflation or a fraudulent securities-market scheme. Consolidation and related-party disclosures are not required where statutory criteria are unmet. Fraudulent and unfair trade practices require established facts demonstrating deception, market impact or other relevant misconduct, rather than inferences from group association or financial reporting differences. Proceedings initiated long after the underlying disclosures and acts, without reasonable cause, are treated as delayed. The majority conclusion rejected the alleged financial misrepresentation, disclosure breaches and consequential liability. en-us Fri, 16 Jan 2026 00:00:00 +0530 Mon, 17 Aug 2026 08:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797060 Accounting Standards and illustrative indicators cannot override statutory definitions of an associate company or related party. Genuine real-estate transactions, non-registration of MoUs, accounting-treatment differences, group affiliation and transaction values do not alone establish control, significant influence, artificial profit inflation or a fraudulent securities-market scheme. Consolidation and related-party disclosures are not required where statutory criteria are unmet. Fraudulent and unfair trade practices require established facts demonstrating deception, market impact or other relevant misconduct, rather than inferences from group association or financial reporting differences. Proceedings initiated long after the underlying disclosures and acts, without reasonable cause, are treated as delayed. The majority conclusion rejected the alleged financial misrepresentation, disclosure breaches and consequential liability. Case-Laws SEBI Fri, 16 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797060