There should be some shred of evidence to come to a prima-facie conclusion that there has been an indulgence in unfair trade practices in cornering the market with an intent to manipulate the price. Passing a restraint order which virtually puts a stoppage on the right to trade based on a needle of suspicion is harsh and unwarranted.

[Case Brief] North End Foods Marketing Pvt. Ltd. vs Securities and Exchange Board of India

Case name North End Foods Marketing Pvt. Ltd. vs Securities and Exchange Board of India Case number Appeal No. 80 of 2019 Tribunal Securities Appellate Tribunal Bench Justice Tarun Agarwala, Presiding Officer and Dr. C. K. G. Nair, Member…

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