0210-2011 Eaugu Udyog Limited vs Securities and Exchange Board of India
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“d. Without prejudice to the above, the Noticee states that the said Show Cause Notice has been issued for alleged violation of the provision of section 15HA of the SEBI Act and section 23H of the SCRA Act. Section 15HA of the SEBI Act contemplates penalty for fraudulent and unfair trade practice. The term ‘fraudulent’ has been bought out by the definition of the word ‘fraud’ as per regulations 2(c) of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 (PFUTP Regulations, 2003).” The appellant has also understood the co
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI
Appeal No.210 of 2011 Date of Decision : 29.3. 2012
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