Case Law Details
Case Name : In respect of Pradeep Kumar Kayan (SEBI)
Related Assessment Year :
Courts :
SEBI
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SEBI conducted an investigation into the trading activities of certain entities in Illiquid Stock Options at BSE for the period April 1, 2014 to September 30, 2015.
It was observed that during the investigation period, total 2,91,643 trades comprising substantial 81.38% of all the trades executed in Stock Options Segment of BSE were found to be non-genuine trades. The aforesaid non-genuine trades resulted into creation of artificial volume to the tune of 826.21 Crore units or 54.68% of the total market volume in Stock Options segment of BSE during the investigation period.
It was observed th...
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