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2001 (10) TMI 1176 - SECURITIES APPELLATE TRIBUNAL, MUMBAI
Extract:
........ 109. As already stated above, in the absence of sufficient material evidence to establish that the appellant had directly or indirectly indulged in market manipulation, the impugned order holding the appellant guilty of violating regulation 4(a) and 4(d) cannot sustain. 110. In the result the appeal is allowed and the impugned order is set aside.