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Suspension of trading membership for 5 days was excessive and unwarranted: SEBI

March 8, 2019[2019] 103 taxmann.com 29 (SAT - Mumbai)
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SEBI: Where appellant was a member of NSE and it failed to abide by Code of Conduct for trading members, since it was its first violation and there was no finding that said violation had high impact, imposition of suspension of trading membership for 5 days was excessive and unwarranted

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