Sebi and the Securities Appellate Tribunal (SAT) took the view that the common address could be construed as “preponderance of probability” that price-sensitive information could be shared among parties. However, in April, a two-judge bench of the Supreme Court ruled that both Sebi and SAT had erred since they did not take into account family disputes.
Chandigarh man unearths 37-year-old Reliance shares worth Rs 12 lakh, ignites social media frenzy
Rattan Dillon, a car enthusiast from Chandigarh, stumbled upon physical share certificates of Reliance Industries (RIL) during a spring cleaning session. The certificates revealed that