Landmark case · Law of Investments and Securities · Semester 6
N. Narayanan v. SEBI
(2013) 12 SCC 152 · Supreme Court of India
SEBI's duty is not only to punish but to restore integrity of price discovery.
From topic
Fraudulent and unfair trade practices; Harshad Mehta-era lessons — Unit IV, Law of Investments and Securities.
Related sections:
- Securities and Exchange Board of India Act, 1992, 12A — Prohibition of manipulative devices
- Securities and Exchange Board of India Act, 1992, 15HA — Penalty for fraudulent and unfair trade practices
- SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003, 3–4 — Prohibition of fraud and market manipulation