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Somani Overseas Ltd. vs Sebi on 30 June, 2016 cites

Sil Leasing & Industrial Finance Pvt. ... vs Sebi on 2 July, 2013

a) The WTM of SEBI erroneously held that some of the public announcement (which could not be implemented due to bonafide reasons) were made with the fraudulent intention of inflating the price of SIL scrip and thereby enable the appellants 9 (promoters) to offload the shares of SIL at inflated prices and make unlawful gains. By adopting the arguments advanced by him in Appeal No. 224 of 2014 (SIL v/s SEBI), counsel for the appellants submitted that when most of the public announcement made during the investigation period are implemented and merely because, three public announcements could not be implemented due to benafide reasons, the WTM of SEBI ought not to have held that the said three public announcements were made with fraudulent intentions.
Securities Appellate Tribunal Cites 2 - Cited by 1 - Full Document
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