Forwarding of Co’s financials on WhatsApp as received from other sources wouldn’t amount to insider trading

COMPANY LAW/SEBI : Where despite thorough investigation, SEBI was unable to find source or leakage of information from side of financial, legal or audit team of respective companies, “forwarded as received” WhatsApp message circulated on a group regarding quarterly financial results of a Company closely matching with vital statistics, shortly after in-house finalization of financial results by Company and some time before publication/disclosure of same by concerned CompanyCOMPANY LAW/SEBI : Where despite thorough investigation, SEBI was unable to find source or leakage of information from side of financial, legal or audit team of respective companies, “forwarded as received” WhatsApp message circulated on a group regarding quarterly financial results of a Company closely matching with vital statistics, shortly after in-house finalization of financial results by Company and some time before publication/disclosure of same by concerned Companywww.taxmann.com Latest Case LawsRead More

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