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2008 (2) TMI 935 - SECURITIES APPELLATE TRIBUNAL, MUMBAIExtract: .......irm for any wrong doing which acted as a sub-broker of the appellant. How could it then proceed against the appellant for the allegedly dubious trades executed by his sub-broker. In this view of the matter, we are unable to uphold the impugned order. 6. In the result, the appeal is allowed and the impugned order set aside with no order as to costs.
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