accused in her capacity as former MD
& CEO of NSE should disgorge 25% of her salary drawn for FY
2013-14 and was prohibited ... accused in her
capacity as former MD & CEO of NSE should disgorge 25% of her
salary drawn for FY 2013 -14 only on principles
being 20% of
the disgorged amount towards the settlement charges. It further
appears that the SEBI accepted the said recommendation of the
High Powered Advisory ... Consent Order
dated 7th December, 2009 observing that the petitioner has
disgorged an amount of Rs.2,05,18,968/- being unjust profit
assumed legitimately to possess the means to pay
that fine. He must disgorge his ill-gotten wealth. But quite
different considerations would, in the generality
assumed legitimately to possess the means to
pay that fine. He must disgorge his ill gotten
wealth. But wrote different considerations
would, in the generality
assumed
legitimately to possess the means to pay that fine. He must
disgorge his iII-gotten wealth. But quite different con-
siderations would
prescribed under the ordinary law, deterrent
punishment that would make the offender disgorge the
(1) [1950] S.C.R. 869, 877.
40
ill-gotten gains
press by breaking open a trunk and had soon after to disgorge the amount. He has the reputation of a "dagi
V. Senthil Balaji vs The State Represented By Deputy ... on 7 August, 2023
Author: M
held that no party
can take advantage of litigation; it has to disgorge the
advantage gained due to delay in case lis is lost ... that
'restitution' is an ambiguous term, sometimes
referring to the disgorging of something which has
been taken and at times referring to compensation
case may
be, under this section.
(5) All settlement amounts, excluding the disgorgement
amount and legal costs, realised under this Act shall be
credited
