0283-2009 Vikas Ganeshmal Bengani vs Adjudicating Officer, Securities and Exchange Board of India

SAT · Final order

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15HA. Penalty for fraudulent and unfair trade practices:- If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty of twenty- five crore rupees or three times the amount of profits made out of such practices, whichever is higher.

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI Appeal No.283 of 2009

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Source: SecMarx — 0283-2009 Vikas Ganeshmal Bengani vs Adjudicating Officer, Securities and Exchange Board of India. 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.