0467-2016 Mr. Ajay G. Piramal and Others vs Securities and Exchange Board of India
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6.0 Penalty for contravention of code of conduct 6.1 Any employee/officer/director who trades in securities or communicates any information for trading in securities in contravention of the code of conduct may be penalised and appropriate action may be taken by the company. 6.2 Employees/officers/directors of the company who violate the code of conduct shall also be subject to disciplinary action by the company, which may include wage freeze, suspension, [ineligible] for future participation in employee stock option [plans], etc. 6.3 The action by the company sh
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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