Supreme Court of India

Securities and Exchange Board of India v. Rakhi Trading Private Ltd.

Neutral citation
Reported as [2018] 1 S.C.R. 937
Bench Kurian Joseph and R. Banumathi JJ.
Decided 8 February 2018

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

From the headnote

SEBI (Prohibition of Fraudulent and Unfair Trade Practi ces relating to Securities Market) Regulations, 2003: Re gns 3(a), (b), (c) and 4(1), (2)(a), (b) – Synchronized trading – S ynchronization and reversal of trades, some in few seconds and majori ty, in any case on the same day, without any significant change in the value of underlying – As a result one party booking gains and t he other party booking a loss – In the show cause notice, al legation was that the parties-traders were buying and selling se curities in the derivatives segment in synchronized and reverse trans actions at a

Where later benches applied it

Of those, 1 referred to

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • The ratio: what the Court held, verbatim, with the page it sits on
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.