Question
On the complaint of Mr. Tiwari after enquiry SEBI finds
that Mr. Ravi a CEO of the company on the basis of unpublished price sensitive information, has indulged in the trading of the securities of that company. What action can SEBI take against Mr. Sharma under the SEBI Act,1992?Solution
Section 15G of SEBI Act - Penalty for insider trading—If any insider who, (i) either on his own behalf or on behalf of any other person, deals in securities of a body corporate listed on any stock exchange on the basis of any unpublished price sensitive information; or (ii) communicates any unpublished price sensitive information to any person, with or without his request for such information except as required in the ordinary course of business or under any law; (iii) or counsels, or procures for any other person to deal in any securities of any body corporate on the basis of unpublished price sensitive information, shall be liable to a penalty which shall not be less than ten lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of insider trading, whichever is higher.
In the following question the relationship between different elements is given in the statements followed by three conclusions I, II and III. Read the ...
Which of the following expressions will be true if the expression P > Q = R < S = T ≤ U = V is definitely true?
Statements: M % C & G @ T $ D; W % M # P
Conclusions :Â Â Â Â Â I. D % CÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. M % GÂ Â Â Â Â Â Â Â Â Â Â Â Â I...
Which of the following symbols should replace the question marks (?) in the given expression in order to make the expression ‘N ≤ Q’ definitely t...
Statements: U = G ≥ T, M < J < H = T, M = A > L
Conclusions:
I. U > M
II. G ≥ A
III. L < T
Statements: I < G = Z = X ≤ A ≤ R < N > D = V
Conclusions:
I. I > D
II. R ≥ G
III. X < V
Statements: S = T, U < L, V ≥ S, T ≤ U
Conclusion:
I. T ≤ V
II. L > T
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 t...
Statements: P = J = W; W ≥ Y < Q; Q < Z = L
Conclusions:
I. W ≥ Z
II. W < Z
In the given question, assuming the given statements to be true, find which of the conclusions I and II given below the statements is/are definitely tr...
