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2004 (3) TMI 430 - HIGH COURT OF BOMBAY
Extract:
.......y for breaches and default of the provisions of the SEBI Act and its Regulations, is set aside. (b)The order passed by the SAT dated 25th January, 2001, in SEBI Appeal No. 24 of 2000 to the extent, it reversed and set aside the penalty imposed by the Adjudicating Authority upon the respondents, is maintained. (c)There shall be no order as to costs.