https://www.taxtmi.com/article/detailed?id=17483 Trading by an insider while in possession of unpublished price-sensitive information gives rise to a presumption that the trade was motivated by that information. Commercial necessity, financial distress, subsequent use of sale proceeds, absence of personal enrichment, and lack of immediate share-price movement do not rebut that presumption. Permitted defences are confined to structured, transparent, or regulated transactions that negate misuse of UPSI. Liability does not require proof of profit, and loss avoided may support remedial disgorgement. en-us Tue, 29 Sep 2026 08:36:07 +0530 Tue, 29 Sep 2026 08:36:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17483 Trading by an insider while in possession of unpublished price-sensitive information gives rise to a presumption that the trade was motivated by that information. Commercial necessity, financial distress, subsequent use of sale proceeds, absence of personal enrichment, and lack of immediate share-price movement do not rebut that presumption. Permitted defences are confined to structured, transparent, or regulated transactions that negate misuse of UPSI. Liability does not require proof of profit, and loss avoided may support remedial disgorgement. Articles Corporate Laws / IBC / SEBI Tue, 29 Sep 2026 08:36:07 +0530 https://www.taxtmi.com/article/detailed?id=17483