2022 (5) TMI 659

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.... Adv. Mr. Abhishek Baid, Adv. Mr. Anup Jain, Adv. Mr. Ashok Kr. Jain, Adv. Mr. Praneet Das, Adv. M/S Expletus Legal, AOR For Respondent(s) Mr. Pesimodi, Sr. Adv. Mr. Lakshmeesh S. Kamath, AOR Mr. Joby Mathew, Adv. Mr. Neville Lashkari, Adv. Ms. Samriti Ahuja, Adv. O R D E R Having heard learned counsel for the appellant-Securities and Exchange Board of India ('SEBI') and having perused th....

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....ter on a complaint and issued notice alleging violation of Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Adjudicating Officer, ultimately, proceeded to penalise the present respondents with a cumulative sum of Rs. 35 lakhs for the alleged violation of the said Regulation 23. The Securities Appellate Tribunal ....