also
contended that the quantum of penalty imposed was excessive
and therefore urged that if an opportunity was given to the
appellants they would ... appellants. We find that the Appellant No. 6 was released
on bail on July 24, 2018 and thereafter the AO granted several
opportunities vide notices
favour of others, subsequently it applied for shares and debentures in excess of its entitlement and did so without having any of its own funds ... renouncing its entitlement initially and putting in applications far in excess of its entitlement ultimately and that too after the closure of the issue, leads
survive in the facts and circumstances of the case. Further, the bail out transactions were bonafide efforts of the exchange authorities to prevent crash ... penal action recommended by the Enquiry Officer as it is harsh, excessive and not commensurate with the alleged violation. It was further submitted that recommendation
Ketan Parekh vs Securities And Exchange Board Of India on 14 July, 2006
JUDGMENT
N
Sterlite Industries (India) Ltd. vs Securities And Exchange Board Of India on 22 October, 2001
Bpl Limited vs Securities & Exchange Board Of India on 20 June, 2002
ORDER
1
Almondz Global Securities Ltd. vs Sebi on 13 May, 2016
Author: J. P. Devadhar
Bench
Paresh M. Parekh, Yogesh B. Parekh, ... vs The Chairman, Securities And Exchange ... on 8 October
Rameshchandra Mansukhani, Nri vs Adjudicating Officer, Securities And ... on 7 February, 2005
ORDER
B. Samal
application form No.26, for 1,91,200 debentures, which was in excess of their entitlement. Investigations revealed that the cheque deposited along with ... were found to have been provided by SPML, with a view to bail out the issue.
19. While disputing these findings, SCCL in its defense
