Monday, July 6, 2020

SAT sets aside penalty for violation of PFUTP regulations as appellant were trading in scrip in normal way

COMPANY LAW/SEBI: Where appellants were trading in scrip in a normal way and it was because of scrip itself being attractive through various public announcements that increase in volume of trading and rise in prices had occured, imposition of penalty on appellants for alleged violation of PFUTP Regulations was to be set aside

from www.taxmann.com Latest Case Laws https://ift.tt/2Z3GQyV

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