Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 7A(1)] [Section 7A] [Entire Act]

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.