0327-2019 Mr. M.R. Shashibhushan vs SEBI

SAT · Final order

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Full text

“78. Section 12-A of the SEBI Act, 1992 creates a clear prohibition of manipulating and deceptive devices, insider trading and acquisition of securities. Sections 12-A(a), (b) and (c) are relevant, wherein, it is stipulated that no person should directly or indirectly indulge in such manipulative and deceptive devices either directly or indirectly in connection with the issue, purchase or sale of any securities, listed or proposed to be listed wherein manipulative or deceptive device or contravention of the Act, Rules or Regulations are made or employ any device or scheme or artifi

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Date of Hearing : 23.02.2023 Date of Decision : 09.08.2023

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Source: SecMarx — 0327-2019 Mr. M.R. Shashibhushan vs SEBI. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.