Another authority of SEBI are not allowed to take a different stand on same issue; impugned order dismissed

COMPANY LAW/SEBI : Where WTM of SEBI debarred appellant-stockbroker from assessing securities market for two years on ground that appellant along with its group entities was indulged in trading amongst themselves by way of executing self trades resulting in no change in beneficial ownership and thereby created artificial volume in scrips of company, in view of fact that against same issue, i.e. on same trades,COMPANY LAW/SEBI : Where WTM of SEBI debarred appellant-stockbroker from assessing securities market for two years on ground that appellant along with its group entities was indulged in trading amongst themselves by way of executing self trades resulting in no change in beneficial ownership and thereby created artificial volume in scrips of company, in view of fact that against same issue, i.e. on same trades,www.taxmann.com Latest Case LawsRead More

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