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Compounding of offence - Price rigging and insider trading - Such alleged acts of price rigging and...

Compounding of offence - Price rigging and insider trading - Such alleged acts of price rigging and manipulation of the prices of the shares have a vital bearing on investors’ wealth and the orderly functioning of the securities market. SEBI was, therefore, justified in opposing the request for the compounding of the offences. The matter was referred to the HPAC constituted by SEBI and presided over by a former judge of the Bombay High Court, which denied the request for compounding. This decisi..... .....

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