Supreme Court · 2016 INSC 201 · Decided 23 February 2016

Securities and Exchange Board of India v. Kishore R. Ajmera

Court
Supreme Court of India
Citation
2016 INSC 201 · [2016] 1 S.C.R. 1118
Case number
CIVIL APPEAL No. 2818/2008
Decided
23 February 2016
Bench
RANJAN GOGOI, PRAFULLA C. PANT (2-judge bench)
Outcome
Disposed off
Case type
Civil

Headnote

1118 A SECURITIES AND EXCHANGE BOARD OF INDIA v. KISHORE R. AJMERA (Civil Appeal No.2818 OF 2008) B FEBRUARY 23, 2016 c [RANJAN GOGOi AND PRAFULLA C. PANT, JJ.) Securities and Exchange Board of India Act, I992 - s. 19 - Securities and Exchange Board of India (Stock Brokers and Sub­ Brokers) (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002 - Reg 13(4) - Fraudulent/ manipulative practices under the SEBI Regulations and violation D of the Conduct Regulations by the brokers and sub-brokers - Degree of proof required to hold them liable - Power of

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