Question

Which of the following is not true?

A Unlawfully procuring possession of unpublished price sensitive information is illegal
B An insider has to formulate the trading plans and present it to compliance officer for approval and public disclosure pursuant to which trade may be carried out on his behalf
C In case of connected persons, the onus of establishing that they were not in possession of unpublished price sensitive information, shall be on the Board
D Trading plan once approved shall be irrevocable and shall be mandatorily implemented without any deviation
E All are true
Practice Next

Hey! Ask a query