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SEBI - Highlights / Catch Notes

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Offence under SEBI - complainant foisting vicarious liability ...


Court Finds Defendant Guilty of Vicarious Liability and Criminal Breach of Trust in SEBI-Related Share Sale Case.

April 28, 2021

Case Laws     SEBI     HC

Offence under SEBI - complainant foisting vicarious liability upon the accused No.1 - criminal breach of trust of the complainant and sold its shares to their own Company - The accused with dishonest intention have committed criminal breach of trust, deceived the complainant and have committed the act of cheating against it. In view thereof, the complainant succeeds. - HC

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