SC refuses to interfere with SAT’s order that upheld the imposition of penalty by NSE on stockbroker @ 15% of profit earned

COMPANY LAW/SEBI : Order of SAT that imposition of penalty by NSE on appellant-stock broker at rate of 15 per cent of profit earned by an appellant through non-genuine trades was in accordance with applicable law, could not be interfered with

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000197945/sc-refuses-to-interfere-with-sat’s-order-that-upheld-the-imposition-of-penalty-by-nse-on-stockbroker-15-of-profit-earned.aspx