Regulating the Regulated: SEBI’s Advertisement Code and the Limits of the Register
by Lakshya Pratap Yadav* and Shanaya Singh**
Securities Appellate Tribunal
Purpose of the trade is irrelevant once UPSI possession and trading are established: Supreme 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”.
Read why Securities Appellate Tribunal granted relief to Naman Broadcasting in Sadhna Broadcast stock manipulation case
Naman Broadcasting amongst others was alleged to contravene the provisions of Securities and Exchange Board of India Act, 1992 by using digital platforms to mislead the investors. It was alleged that the price and volume of the scrip was manipulated through a coordinated scheme involving dissemination of misleading information and structured trades among connected entities.
Centre appoints Justice (Retd.) Mayank Kumar Jain, Allahabad High Court as Judicial Member of SAT
The Department of Economic Affairs, Ministry of Finance notified the appointment on 03-01-2025.
SEBI’s Powers to Investigate: A Primer on Section 11-C of the SEBI Act, 1992
by Vaibhav Singh†, Radhika Indapurkar†† and Manas Kotak†††
Delineating the Scope and Nature of Disgorgement Under Securities Law
by Shuchi Agrawal† and Snigdha Kajaria††
Securities Appellate Tribunal directs SEBI to pay 5 lakhs for its lackadaisical approach in defreezing of shares
The present case speaks volumes of the functioning of SEBI in reacting to matters at the last moment.
Evaluating the Standard of Evidence Used in Insider Trading Cases
by Harsh N. Dudhe† and Pranay Bhardwaj††