Madras HC Rejects PIL Seeking Increase in Sports Quota in Higher Educational Institutions  ||  Kerala HC Directs Kollam Police to Probe Alleged Forgery of NEET Score Card of Candidate  ||  Chotta Rajan-Netflix Row: Bombay HC Refuses to Direct Netflix to Take Down 'Scoop' Web Series  ||  Mad. HC Stays Press Release Inviting Suggestions on Bill as Centre Fails to Provide Translated Copy  ||  Ker. HC: Unexplained Delay in Issuing Detention Order is Ground for Quashing  ||  Maserati Car Import Case: Mad. HC Restrains Tax Dept. from Demanding Penalty From Harris Jayaraj  ||  Delhi HC: Standing Orders on Sampling of Narcotic Drugs Must be Followed by Probe Agencies  ||  Kerala HC Raps Kochi Corp. for Inaction Against Food Stalls Disposing Waste Into Stormwater Canals  ||  Delhi HC: Not Appropriate For Courts to Draw Conclusions at Stage of Bail  ||  All. HC Refuses Bail Stating that it is Unusual for Woman to Present False Story of Sexual Assault    

SC: Mere Possession of Sensitive Information Not Enough for Insider Trading, Profit Motive Essential - (22 Sep 2022)

CAPITAL MARKET

Supreme Court has held that merely because a person was in possession of unpublished price sensitive information at the time of trading in securities, it can’t be held that transaction becomes mischief of "insider trading", unless there was an intention to take advantage of the information.

Tags : SUPREME COURT   INSIDER TRADING   SECURITIES  

Share :        

Disclaimer | Copyright 2023 - All Rights Reserved