Manipulative, fraudulent and unfair trade practices – Circular ...
Appellant Liable for Clients' Manipulative Trading Practices, Inflating GIL Scrip Prices Through Circular Trading and Collusion.
August 8, 2015
Case Laws Companies Law AT
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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