https://www.taxtmi.com/caselaws?id=800376 Cross-segment futures and options trading involving aggressive, allegedly inexecutable futures orders and substantially larger opposite options positions was treated prima facie as derivatives price manipulation and a fraudulent or unfair trade practice. Directors controlling the entities were considered prima facie vicariously liable and jointly and severally accountable for impounding gains attributed to their respective companies. Repetitive conduct, concentrated trading, potential dissipation of gains, and market-integrity concerns supported urgent interim safeguards. Ex parte market-access restraints, impounding and asset-preservation measures, disclosure obligations, and cooperation requirements were imposed pending investigation, subject to objections and a personal hearing. en-us Wed, 16 Sep 2026 00:00:00 +0530 Tue, 06 Oct 2026 08:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800376 Cross-segment futures and options trading involving aggressive, allegedly inexecutable futures orders and substantially larger opposite options positions was treated prima facie as derivatives price manipulation and a fraudulent or unfair trade practice. Directors controlling the entities were considered prima facie vicariously liable and jointly and severally accountable for impounding gains attributed to their respective companies. Repetitive conduct, concentrated trading, potential dissipation of gains, and market-integrity concerns supported urgent interim safeguards. Ex parte market-access restraints, impounding and asset-preservation measures, disclosure obligations, and cooperation requirements were imposed pending investigation, subject to objections and a personal hearing. Case-Laws SEBI Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800376