Analysis of SEBI Vs. Abhijit Rajan (Supreme Court of India)

SEBI Vs. Abhijit Rajan (Supreme Court of India) Introduction: In a significant judgment on insider trading, the Supreme Court of India delivered a ruling in the case of Securities Exchange Board of India (SEBI) v. Abhijit Ranjan. This ruling addresses the crucial test for establishing insider trading, focusing on whether the insider sought to gain from unpublished price sensitive information (UPSI). ABSTRACT In a landmark decision on insider trading, the Supreme Court of India (“Supreme Court”) held in Securities Exchange Board of India (“SEBI”) v. Abhijit Ranjan (R...