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In a repeat of the Udayant Malhoutra case, the Supreme Court of India (SC), on 19th September, rejected the market regulator’s interpretation of what constitutes insider trading and acquitted Abhijit Rajan, former chairman of Gammon India Ltd

Ravichandra hegdeBalaram gragDhananjay chandrachudUdayant malhoutraShreehasp tambeAnant baruaAbjijit rajanIndu malhotraAbhijit rajanIndira banerjeeFinancial servicesGammon infrastructure projects ltdSupreme courtMoneylife foundationExchange board of indiaInfrastructure company private