Saturday, May 15, 2021

Penalty u/s 23A(a) of SCRA rightly imposed when appellant failed to disclose cancellation of order on stock exchange

COMPANY LAW/SEBI : Clause 36 of Listing Agreement provides that any information / event which is price sensitive should be reported to stock exchange immediately and since cancellation/truncation of orders was not disclosed on stock exchange platform it was violative of clause 36 of Listing Agreement.

from www.taxmann.com Latest Case Laws https://ift.tt/3uPc6iR
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