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As per Reg 2- "insider" means any person who is: i) a connected person;or ii) in possession of having access to unpublished price sensitive information; NOTE:Since “generally available information” is defined, it is intended that anyone in possession of or having access to unpublished price sensitive information should be considered an “insider” regardless of how one came in possession of or had access to such information. Various circumstances are provided for such a person to demonstrate that he has not indulged in insider trading. Therefore, this definition is intended to bring within its reach any person who is in receipt of or has access to unpublished price sensitive information. Theonus of showing that a certain person was in possession of or had access to unpublished price sensitive information at the time of trading would, therefore, be on the person leveling the charge after which the person who has traded when in possession of or having access to unpublished price sensitive information may demonstrate that he was not in such possession or that he has not traded or or he could not access or that his trading when in possession of such information was squarely covered by the exonerating circumstances.
Read the given statement and conclusions carefully. Assuming that the information given in the statement is true, decide which of the given conclusions ...
Three statements are given followed by three conclusions I, II, and III. You have to consider these statements to be true, even if they seem at variance...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements: C ≤ O > I > M > F, O ≤ Q < U, M < J
Conclusions:
I. I < U
II. C > F
Based on the following statements, which is the correct conclusion drawn.
Only gentlemen can become members of the club. Many of the members of t...
Statement:
Some Onions are Potato.
Only a few Potatoes are Tomato.
All Radishes are Tomato.
None of the Potatoes are Carr...
Statement: The UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements: A < B < C < P > Q
Conclusions: I. Q < B II. P > A
...