SAT held Ranbaxy Director Guilty of insider trading

SEURITIES APPELLATE TRIBUNAL, MUMBAI V.K. Kaul Versus Adjudicating Officer, Securities & Exchange Board of India APPEAL NO.55 OF 2012 OCTOBER 8, 2012 ORDER P. K. Malhotra, Member & Presiding Officer (offg.) This order will dispose of two Appeals no. 55 and 56 of 2012 which arise out of orders dated January 4, 2012 passed by the adjudicating officer of the Securities and Exchange Board of India (for short the Board) holding the appellants, in these two appeals, guilty of violating Section 12A(d) and (e) of the Securities and Exchange Board of India Act, 1992 (the Act) a...