0544-2021 Prakashkumar Narayanbhai Prajapati vs Securities and Exchange Board of India
Full text
“Further, the submission that self trades are very insignificant percentage of the total market volume to prove charges is not in tune with the SEBI’s own policy that small quantity of self trades happens sometimes automatically has no meaning in the larger context where it is clear that the appellants were trying to manipulate the trade through various means including synchronized and reversed trades.” “In a scheme of manipulative and unfair trading it is not necessary that every participant should be indulging in every type of trading violation or even in the same / similar magn
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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Source: SecMarx — 0544-2021 Prakashkumar Narayanbhai Prajapati vs 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.