Case Law Details
Case Name : Pyramid Saimira Theatre Ltd. Vs SEBI
Appeal Number : (Securities Tribunal Mumbai)
Date of Judgement/Order : Appeal No. 242 of 2009
Related Assessment Year : 07/04/2010
Courts :
Securities Appellate Tribunal
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FUTP Regulations – Regulation 3(b) does not import any concept of fraud at all and words ‘any manipulative or deceptive device or contrivance’ do not require any state of mind.
Any act, omission or concealment to be a fraud within the meaning of the Regulations need n
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