Supreme Court sets aside SEBI's ₹447 cr disgorgement order against Reliance in RPL derivatives case
Apex court overturned SEBI's 2007 Reliance Petroleum derivatives manipulation ruling, directing refund of ₹250 crore deposited in Investor Protection Fund. Closes a long-running enforcement chapter for Reliance Industries.
Supreme Court set aside SEBI's ₹447.27 crore disgorgement order against Reliance Industries in the 2007 Reliance Petroleum derivatives manipulation case, ordering refund of ₹250 crore deposited in the Investor Protection Fund.