Appellants penalized for non-compliance with SEBI directions, failed to provide documents u/s 11C(3) of SEBI Act.

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....Offence under SEBI - Unusual price movement in the shares - when the appellants failed to comply with the directions issued u/s 11C (3) of the 1992 Act and failed to produce the required documents and information, the Investigating Authority, being a delegated Authority of SEBI, was empowered to levy the penalty as provided in Section 15A(a) of the 1992 Act. - SC....