Securities And Exchange Board Of India - Subsection
Section 7A(1)(e) in Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015
(e)'irrelevant, vexatious and frivolous information' includes, reporting of information which in the opinion of the Board, -(i)Does not constitute a violation of insider trading laws; or(ii)Is rendered solely for the purposes of malicious prosecution; or(iii)Is rendered intentionally in an effort to waste the time and resource of the Board.