Supreme Court · 2022 INSC 344 · Decided 25 March 2022
Securities and Exchange Board of India v. Mega Corporation Limited
- Court
- Supreme Court of India
- Citation
- 2022 INSC 344 · [2022] 2 S.C.R. 546
- Case number
- CIVIL APPEAL No. 2104/2009
- Decided
- 25 March 2022
- Bench
- L. NAGESWARA RAO, PAMIDIGHANTAM SRI NARASIMHA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Securities and Exchange Board of India Act, 1992 - ss 11, 11B, 19, 15T - SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 - Regulations 3(a), (b), (c) &(d) 4(2)(r) - Listed Company - Unusual Surge in Profits - In the instant case the listed respondent-company was engaged in the business of radio taxi service coupled with trading of shares in a small measure - The company's share went unusually high from Rs 4.25 to Rs
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)