FL-0043Fault Lines · Securities · Wanted
Does the Adjudicating Officer Have Discretion on Penalty?
Scope
A mandatory minimum in one decision; discretion guided by statutory factors in the next.
Authorities to start from
- SEBI v. Roofit Industries Ltd., (2016) 12 SCC 125
- Adjudicating Officer, SEBI v. Bhavesh Pabari, (2019) 5 SCC 90
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