Tagjudicial indiscpline

Securities Appellate Tribunal reads the Riot Act for judicial indiscipline

In an important reminder to regulatory agencies to adhere to judicial discipline, the Securities Appellate Tribunal has passed an order setting aside an adjudication order passed by the Securities and Exchange Board of India for ignoring the ratio laid down in another order passed by another adjudicating officer.  The SAT has directed that the matter be placed before another adjudicating...

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