Landmark case · Law of Investments and Securities · Semester 6
SEBI v. Shriram Mutual Fund
(2006) 5 SCC 361 · Supreme Court of India
Breach of securities-market regulations attracts civil penalty even without proof of dishonest intention.
From topic
Contracts in securities and prohibition of undesirable bargains — Unit II, Law of Investments and Securities.
Related sections:
- Securities Contracts (Regulation) Act, 1956, 13 — Contracts in notified areas illegal in certain circumstances
- Securities Contracts (Regulation) Act, 1956, 16 — Power to prohibit contracts in certain cases
- Securities Contracts (Regulation) Act, 1956, 18A — Contracts in derivatives
- Securities Contracts (Regulation) Act, 1956, 23 — Penalties