Appellant Liable for Clients' Manipulative Trading Practices, Inflating GIL Scrip Prices Through Circular Trading and Collusion.

Manipulative, fraudulent and unfair trade practices – Circular trading – not in dispute that six clients of Appellant acted in collusion amongst each other in synchronized / circular / reversal manner, thereby artificially increased volume / price of GIL scrip - appellant cannot escape liability - SAT .....

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