Appeal against disgorgement order rejected as appellant colluded with his business connect to make wrongful gains

COMPANY LAW/SEBI : Appeal against disgorgement order passed against appellants for having made wrongful gain by selling shares of PSTL in collusion with one 'N' was to be dismissed, as appellant had admitted of having business relations with 'N' and in appeal filed by 'N' before Tribunal, 'N' had been found guilty of causing false media report and causing rise in price of scrip

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