Disgorgement

purpose of trade irrelevant in insider trading
Case BriefsSupreme Court

The Court explained that Insider Trading, in essence, is a “dealing in a company’s securities having been informed by confidential information which is likely to affect the price of the securities in the market, once such information is made public”.

SEBI consent settlement
Case BriefsHigh Courts

“Permitting quashing of proceedings, in matters, in which the offence is against society, would be a mockery of the process of law and the criminal justice system.”

Case BriefsTribunals/Commissions/Regulatory Bodies

Securities Appellate Tribunal (SAT): Justice Tarun Agarwala (Presiding Officer), Dr C.K.G. Nair (Member), and Justice M.T. Joshi (Judicial Member) allowed an appeal challenging