Tag: SEBI penalties

SAT Quashes SEBI Penalties in SGTL Manipulation Case, Slams Regulator for 10-Year Delay

Team Law Notify Commissions, Forums & Tribunals May 9, 2026

May 8, 2026 : The Securities Appellate Tribunal (SAT), Mumbai, has quashed penalties imposed by the Securities and Exchange Board of India (SEBI) against several individuals in connection with alleged price manipulation in the shares of Shree Global Tradefin Limited Read more…

SAT (Majority) Holds Penalty Under SEBI Act Can Fall Below Statutory Minimum in Appropriate Cases

Team Law Notify Commissions, Forums & Tribunals January 17, 2026

January 16, 2026 : The Securities Appellate Tribunal (SAT), Mumbai, in a significant 2:1 ruling, has held that penalties imposed under the SEBI Act, 1992 can, in appropriate cases, be reduced below the statutory minimum by applying mitigating factors under Read more…